Biztech Lawyers is a rapidly expanding international technology and
business law firm, offering a seamless global solution for tech companies worldwide.
As they experienced impressive growth, they encountered unique challenges related
to managing finances, compliance, and international partnerships.
As its global footprint expanded, they faced several complex challenges:
- Managing Growth: Scaling the business while maintaining financial control
and compliance was a formidable task.
- International Operations: Working with partners in different countries
introduced complexities related to compliance and financial management.
- ERP Transition: The firm was in the process of transitioning to an ERP
system, requiring meticulous bookkeeping and accurate financial data.
- Financial Clarity: Needed real-time, accurate financial data for decision-
making, and cash flow management.
Watson & Watt provided Biztech Lawyers with tailored accounting, tax, and business consulting services to address their specific challenges:
Accounting & Tax
We manage Australian BAS, income tax, and financial statements, ensuring compliance and financial accuracy.
Our strategic tax planning optimized their financial resources.
We meticulously handle bookkeeping for multiple entities across different countries within their ERP system.
We conducted performance check-ins, monthly finance meetings, and provided ad hoc guidance to support their global operations.
Our partnership resulted in;
- Financial Clarity: Biztech Lawyers now possesses continually updated
financial data, enabling precise financial performance management, and cash
- Compliance: Tax lodgements are consistently on time, providing directors
with confidence to focus on business growth and client support.
- Global Awareness: Monthly finance meetings ensure that directors are well-
informed about financial performance both at the country level and within the global business.
The success of Biztech Lawyers showcases how strategic financial
management, international expertise, and ERP transition support can enable a fast-
growing global firm to thrive. If you're seeking financial clarity and support for your
global business ambitions, contact us today.