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Need foreign billing agency

We are selling enterprise software in Europe. Moderate size deals, both full-payment up-front and subscriptions. Some of our European customers don't like to send money overseas. They want a local company with a local bank that can do invoicing. This has gotten especially acute with the Euro-style invoice-payment clearing process which eliminates paper invoices and checks entirely. I've done this with European subsidiaries, but would like to do it this time through an agency, like, pay them a % vig the way that you would pay a collections agent or a lender for a factored invoice. Ideas? Experience? Honest vendors? Thanks, all!

Answers

Topic Expert
Bob Stenz
Title: Controller
Company: Silicon Valley start-up
(Controller, Silicon Valley start-up) |

While just a part of their service, http://www.v-sub.com/ will invoice customers in Europe and handle the VAT for a small % of the total dollars. They generally do this as part of their accounting services. PM me if you want an introduction.

Topic Expert
Keith Perry
Title: Consulting CFO and Business Operations A..
Company: Growth Accelerator
(Consulting CFO and Business Operations Advisor, Growth Accelerator) |

Perfect. You are the man, as they say. (seriously....you're making me seem competent)

I've let the company know; the principal will drop you a line if they need help. I gave them your Linked address.

Cheers, and thanks!

KP

Todd Boney
Title: Chief Financial Officer
Company: Glencairn Highlands LLC
(Chief Financial Officer, Glencairn Highlands LLC) |

Take a look at this company - we've used them on a project to handle the accounting for foreign operations - don't know if your volume would be big enough to get their attention. http://www.radiusworldwide.com/

Topic Expert
Keith Perry
Title: Consulting CFO and Business Operations A..
Company: Growth Accelerator
(Consulting CFO and Business Operations Advisor, Growth Accelerator) |

will do....thanks!

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