Aberdeen-based accountants Anderson Anderson & Brown (AAB) has announced significant growth within its global mobility arm following a clutch of new contract wins, with a cumulative annual recurring value in excess of £1 million during 2017.
The new contracts have seen a 25 per cent increase in turnover for the mobility team which is now over 50 people strong.
With these new clients on board, AAB now provides global mobility advice and compliance in every major country in Europe, North and South America, Asia, Africa and Australia.
AAB’s Global Mobility offering assists businesses who have employees operating in different locations around the globe to overcome complex corporate and individual tax / social security issues in a cost effective and efficient way. The team at AAB have provided global mobility compliance services for many years but most recently have developed a unique global tracking software solution, to complement their compliance services.
Through this tracking software, clients can access an interactive dashboard technology on a real time basis to identify travelling employees who trigger compliance risk for themselves or for the company, assess tax reporting and withholding obligations globally and ensure all reporting and filing obligations are discharged on an easy to view basis. The software can be tailored and bespoke to each client no matter their size or location.
Steven Fraser, head of global mobility at AAB, said: “The growth we have achieved in our team has been driven purely based on client demand as creating and sustaining a successful global mobility programme has become an increasingly important issue for our clients. They tell us that their top challenges in this area are around cost control, visa and immigration regulations, assignee tracking and reporting and policy development and they are ultimately looking for a solution which ticks all of those boxes which was the driving force behind the development of our niche tracking tool.
Furthermore, with these challenges in mind we created a knowledge sharing forum for companies to get together to discuss these challenges and best practice via our ‘Talent Across Borders’ round table events, which we launched in Aberdeen and London earlier this year. These events were a great success and their interactive nature really enabled the participants to share real life examples and ask relevant questions of their peers. We will be continuing these round-table style events throughout the year and invite anyone with global mobility challenges or indeed success stories to get in touch.”