Flow mapping
What are your compliance requirements?
Pincvision’s focus lies on handling the compliance requirements for multinationals. For this reason, it has made the conscious choice not to set up a separate consultancy services division for this purpose. However, during the preliminary phase of an outsourcing project, insight into your work processes and compliance requirements is indispensable. Flow mapping is a pragmatic method used to gain insight.
Flow mapping
Flow mapping identifies and describes the aspects listed below:
- Organizational structure
- legal/fiscal structure (buy-sell/commission agent structure, etc.)
- VAT registrations per country
- entity details (plant, distribution centre, sales organisation, etc.) - Country-specific regulations (e.g., leased goods, vehicles, catering services)
- Logistics flows
- one or more distribution centres
- product lines sold, geographic regions served, stock management, etc.
- incoming and outgoing flows of goods
- return flow of goods - General ledger, accounting structure, VAT accounts and the VAT codes used
- The data sources and the required fields for the data extract which are necessary for filing returns in the countries involved.
Interested in learning more about our approach to Flow mapping, or about one of our other services?
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