2. Demands on international corpo-
rations are constantly increasing.
Cost efficiency and leaner processes
are ever more necessary to compete
successfully.
Optimising financial and account-
ing processes creates opportunities
far beyond lower costs. Additional
outcomes include better quality,
transparency, and speed of process-
es and routines.
This is why EFF was founded. EFF
is short for European Finance Func-
tion. It is a finance and accounting
outsourcing unit based in Poznan,
Poland.
SCANDINAVIAN HERITAGE
EFF was established and is owned
by the Swedish stock-listed Duni
Group. Duni has subsidiaries in
about 15 countries around the
world. Accounting and finance for
E F F
F I N A N C I A L
O U T S O U R C I N G
The university city Poznan in Poland
was chosen as location for EFF due to
its excellent location in central Europe.
most of Duni’s entities have been
moved to EFF.
SUBSTANTIAL COST-SAVINGS
EFF turned out a success for Duni,
surpassing expectations by achiev-
ing more than 50% cost reduction
and improving quality within
finance and accounting as well as in
other functions.
EXTERNAL CUSTOMERS
Today EFF successfully helps
several medium-sized corporations
in Europe and elsewhere to reach
their targets.
FLEXIBLE SET-UP
EFF offers tailored services for each
client and project. We fill the gap
between traditional local account-
ants and large-scale outsourcing
providers.

3. SCAL ABILIT Y
W I T H TA I LO R E D
S E R V I C E
WE IMPROVE
Q U A L I T Y A N D
E F F I C I E N C Y
MULTIPLE BENEFITS
The great majority of companies
who move to a shared service
structure in finance and accounting,
not only cut costs, but also experi-
ence great improvements in quality.
Increased transparency, improved
business focus, more stability and
openness to change are some of the
other benefits.
SEAMLESS
TRANSFORMATION
PROCESS
The transition to outsourced
accounting and financial services is,
with our help, far from as complex
or time consuming as one would
think. We rely on years of experi-
ence and assume leadership for the
project when needed. Our clients
do not need to start from scratch
to build their own structure and
competence. With our help they
minimize risks and start-up costs.
OUR SERVICES
The services offered by EFF include:
• Accounts Payable
• Accounts Receivable
• Operational and Legal
Accounting
• Customer Service
• Procurement
• Payroll
• Project Management and
Support
PROJECTS OF ALL SIZES
Our services are seamlessly scal-
able. We can take care of operations
growing from zero to hundreds of
millions in turnover without large
organisational changes.
Our broad competence in both oper-
ational and legal matters enables us
to deal with entities of all types and
sizes, from dormant and one-man
companies to full-scale operations
with thousands of employees.
UPSCALE AND DOWNSCALE
The organisational structure of EFF
is specifically designed for smooth
upscaling and downscaling. We can
easily and at low cost manage such
changes. We strive to integrate with
the customer’s organisation and
together optimise efficiency and
quality.
PROJECTS TO OUTSOURCE
Examples of projects that EFF
excels at:
• Implementation and
development of ERP systems
• Improvements in accounting
structures and processes
• Set-up and development of
systems for workflow and
expense management
• Optimization of VAT
• Set-up of Fixed Asset routines
• Change of banks and cash
management procedures

4. TURN FIXED COSTS
INTO VARIABLE
EFF offers innovative and “state-
of-the-art” methods of cooperation
to enable our clients to transform
fixed costs into variable. Our service
set-ups are flexible and tailor made
for our clients’ needs. We offer solu-
tions where cost per hour, per trans-
action or cost for a certain target or
effect can be applicable.
VALUE ADDING
In addition to enjoying the
advantages of choosing EFF as an
outsourcing partner, our clients
can benefit from additional value
adding services. Examples of such
services are analysis of processes
and profitability, review of controls,
communication services and
various ad-hoc tasks.
V A R I A B L E C O S T S
A R E B E T T E R
P A N - E U R O P E A N
A N D M O R E
Sweden
Norway
Finland
Denmark
United Kingdom
Ireland
Iceland
Netherlands
Belgium
Luxembourg
France
Spain
Portugal
Germany
Czech republic
Poland
Italy
Switzerland
Austria
Slovenia
Croatia
Bosnia
Herzegovina
Slovakia
Hungary
Romania
Moldova
Ukraine
Belarus
Lithuania
Estonia
BulgariaMontenegro
Macedonia
Albania
Serbia
Greece
Turkey
Russia
Latvia
AzerbaijanGeorgia
Armenia
Kazakhstan
Turkmenistan
POZNAN
BROAD COVERAGE WITH
LOCAL EXPERTISE
EFF works with accounting process-
es in many European countries and
in a few overseas markets. We there-
fore have expertise in local laws and
regulations and are fluent in most
major European languages.
LOCATED CENTRALLY
IN EUROPE
We are located in the heart of
Europe. Poznan, Poland was care-
fully chosen as our base due to its
central location. Beyond that, it is
a university city that offers a great
recruitment base. It also has excel-
lent communications; daily flight
connections to hubs such as Copen-
hagen, Munich and Frankfurt and
by car or train it is only two hours to
Berlin.

5. DIVERSITY AND EXPERTISE
The employees of EFF are our
strongest asset. The team consists
of a mix of people with complemen-
tary skills in languages, accounting,
payroll, controlling and more. Our
E F F F R O M T H E I N S I D E
A S K I L L E D T E A M
Krtister Gullström,
General Manager
“We see outsourcing and shared
services as key tools in building
success and developing a company.
One obvious and often primary goal
is to reduce costs. Equally impor-
tant, however, is the opportunity to
reengineer end-to-end processes
and improve efficiency, controls and
transparency at many levels.
Our clients can add EFF’s compe-
tence and experience to theirs and
multiply the total benefits. We help
our clients realize new business
opportunities and explore new
markets by assuring hassle-free and
value-adding processes.”
“We offer a new approach to outsourcing
which creates greater benefits for our
clients.”
diversity in skills, experience and
background is a valuable resource.
CLIENT RELATIONS
Besides being an organisation with
vast capabilities, we highly value
and develop communication skills
which is a key element in client
relations. Our staff works closely
with customers’ key personnel. It
enables us to act quickly and
responsively to customer demands.

6. HANS PETTERSSON
FINANCE DIRECTOR
CANDY KING
“During our 5-years of coopera-
tion with EFF we have signifi-
cantly reduced operating costs
and improved quality and
transparency of our processes.
Very positive and somewhat
unexpected for us is how fast
and smooth implementations
have been. Working with EFF
has also saved us big amounts
of project and consultant costs
and we have greatly benefited
from the competence EFF has
added to our organization.”
ULF SPOLANDER
CFO
CEDERROTH
“We have only recently started
working with EFF and we are
very impressed with how quick-
ly and effortlessly the projects
have proceeded. Already from
day one things worked smooth-
ly and transition costs have
been exceptionally low.”
EWA KOTARSKA
CHIEF ACCOUNTANT
INFORMED SOURCES
“EFF:s approach is very valu-
able to us. They have helped us
with legal and statutory issues
and we very much appreciate
both their knowledge and their
competence in researching
difficult and unclear issues.”
T H E P R O V E N O U T C O M E
T H E C U S T O M E R V O I C E

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