Over the years, we have seen that doing business abroad brings significant challenges. A parent company inevitably loses some control because foreign rules and procedures must be followed. Many businesses assume international activity is mainly a financial matter, but daily decisions and processes must change.

Local management must adjust operations, handle bookkeeping and bank accounts locally, and monitor trade daily. CFOs must understand these cross-border complexities, even when only setting up a Dutch VAT registration. It is not just about invoices: logistics, traders, finance, and foreign service providers all need timely information to avoid misunderstandings and unnecessary costs.

A CFO should therefore ensure clear decision-making structures and a smooth flow of information from day one.

Jacco began as a chartered accountant but soon focused on improving financial processes and organizational restructuring. For nearly twenty years, as co-founder of SIS FINANCE, he has helped financial departments prevent problems and implement effective solutions. Supported by an experienced network of consultants, he ensures that improvements are both designed and properly executed.