SlideShare a Scribd company logo
fast forward to:
                                                                 Our location
                                                                Small do best
                                                                 Nearshoring

Partnership to succeed




                   HOW TO SAVE 50% ON
                   ROUTINE WORKS?



                    Ivo Urbanovics | ivo@itfarm-backoffice.lv
fast forward to:
                                                            Our location
                                                           Small do best
                                                            Nearshoring




              OUR LOCATION




Ivo Urbanovics | ivo@itfarm-backoffice.lv   www.itfarm-backoffice.lv | Riga, Latvia
fast forward to:
                                                            Finland                           Our location
                                                                                             Small do best
       our location                                                                           Nearshoring

         Riga, Latvia
                                  Norway   Sweden               Estonia


                                                                       Riga: 750 000 inhabitants
                                 Denmark
                                                                      Latvia:
                                                         Lithuania
                                                                      2 million inhabitants
                                                Poland




Ivo Urbanovics | ivo@itfarm-backoffice.lv                                     www.itfarm-backoffice.lv | Riga, Latvia
fast forward to:
                                                                          Our location
                                                                         Small do best
       our location                                                       Nearshoring
                                           Riga
       Riga, Latvia



         Languages
         Latvian                          Russian
         official                           35% of the population

          English                         Scandinavian languages
          main foreign language           spoken by approx. 10 000 persons

Ivo Urbanovics | ivo@itfarm-backoffice.lv                 www.itfarm-backoffice.lv | Riga, Latvia
fast forward to:
                                                            Our location
                                                           Small do best
                                                            Nearshoring




           WE BELIEVE:
         SMALL DO BEST




Ivo Urbanovics | ivo@itfarm-backoffice.lv   www.itfarm-backoffice.lv | Riga, Latvia
fast forward to:
                                                                     Our location
                                                                    Small do best
    small do best                                                    Nearshoring




                  Ownership
           ITFarm AS (Norway)

                                 50%

               Ivo Urbanovics             ITFarm Backoffice SIA
                                                   Established:
                                                   Riga, Latvia, 2007
                                 50%



Ivo Urbanovics | ivo@itfarm-backoffice.lv            www.itfarm-backoffice.lv | Riga, Latvia
fast forward to:
                                                                              Our location
                                                                             Small do best
    small do best                                                             Nearshoring



         Management
         Ivo Urbanovics
         Partner and borad member

         Former positions
         Director, Investment and Development
         Agency of Latvia in Norway,
         Junior Consultant, Swedish Trade Council

         Education
         Stockholm University (Msc),
         Stockholm school of Economics in Riga (Mini-MBA)

         Fluent in
         English, Norwegian, Swedish, Russian, Latvian

Ivo Urbanovics | ivo@itfarm-backoffice.lv                     www.itfarm-backoffice.lv | Riga, Latvia
fast forward to:
                                                                              Our location
                                                                             Small do best
    small do best                                                             Nearshoring




                                          Our focus
                                          Routine works
                                          Productivity
                                          Language skills


Ivo Urbanovics | ivo@itfarm-backoffice.lv                     www.itfarm-backoffice.lv | Riga, Latvia
fast forward to:
                                                                        Our location
                                                                       Small do best
    small do best                                                       Nearshoring




     Our employees
     educated                             motivated
     fluent in Scandinavian languages
Ivo Urbanovics | ivo@itfarm-backoffice.lv               www.itfarm-backoffice.lv | Riga, Latvia
fast forward to:
                                                                              Our location
                                                                             Small do best
    small do best                                                             Nearshoring




               Main markets
               Denmark                    Norway   Sweden




Ivo Urbanovics | ivo@itfarm-backoffice.lv                     www.itfarm-backoffice.lv | Riga, Latvia
fast forward to:
                                                                                       Our location
                                                                                      Small do best
    small do best                                                                      Nearshoring



     Reachable
     Short flying distance                                   90 min


     to the customers,                    Oslo         Stockholm        60 min
     same time-zone
                                                          80 min
                                                                                              Riga

                                          Copenhagen




Ivo Urbanovics | ivo@itfarm-backoffice.lv                              www.itfarm-backoffice.lv | Riga, Latvia
fast forward to:
                                                                                         Our location
                                                                                        Small do best
    small do best                                                                        Nearshoring




                            Our experience
                            commercial and social experience from Scandinavia

                            Our references
                            large Scandinavian financial institutions

                            almost 500 000 veryfied documents yearly



Ivo Urbanovics | ivo@itfarm-backoffice.lv                                www.itfarm-backoffice.lv | Riga, Latvia
fast forward to:
                                                                                                          Our location
                                                                                                         Small do best
    small do best                         Document verification                                            Nearshoring

                                          Today’s technical solution

                       C                                 erify                erify
                  ner P                             OCR v                OCR v
             Scan

                                                                                                      tab   ase
                                                                                        AS    4 00 da




                                            LAN                          WAN


                                                                                                                   a
                                             rver                                                        ing in Rig
                                    F ile se                          m BO
                                                                             verify
                                                                                           m BO
                                                                                                  verify
                                                                 ITFar                ITFar
                                                                                                         An employee in Riga
                                                                                                         on the computer in
                                                                                                         Oslo (remote
                                                                                                         desktop)



Ivo Urbanovics | ivo@itfarm-backoffice.lv                                               www.itfarm-backoffice.lv | Riga, Latvia
fast forward to:
                                                            Our location
                                                           Small do best
                                                            Nearshoring




NEARSHORE YOUR
 ROUTINE WORKS




Ivo Urbanovics | ivo@itfarm-backoffice.lv   www.itfarm-backoffice.lv | Riga, Latvia
fast forward to:
                                                                               Our location
                                                                              Small do best
       nearshoring                                                             Nearshoring




                         We deliver data verification &
                         administration
                         Document verification - controlling
                         Document, photo, drawing scanning and sorting


Ivo Urbanovics | ivo@itfarm-backoffice.lv                      www.itfarm-backoffice.lv | Riga, Latvia
fast forward to:
                                                                         Our location
                                                                        Small do best
       nearshoring                                                       Nearshoring




                         We deliver accounting & payroll
                         services
                         Routine intensive works:
                         invoice posting,
                         travel expenses,
                         payroll and invoice payment
Ivo Urbanovics | ivo@itfarm-backoffice.lv                www.itfarm-backoffice.lv | Riga, Latvia
fast forward to:
                                                                              Our location
                                                                             Small do best
       nearshoring                                                            Nearshoring




                         We develop a solid accounting &
                         payroll hub in Riga
                         We target
                         medium size and large accounting companies
                         enterprises with own financial department
Ivo Urbanovics | ivo@itfarm-backoffice.lv                     www.itfarm-backoffice.lv | Riga, Latvia
fast forward to:
                                                                                                  Our location
                                                                                                 Small do best
         nearshoring                                                                              Nearshoring



                           Checklist for the Centralization of
                           payrolls and invoice posting
                                  Today                                  ITFarm Backoffice hub

 Offices around the country                                                Repeatable, transactional and
         Overlapping duties                                              measurable activities
           Low productivity                                              Stable prices & delivery
       Uncontrollable costs                                              Long term contracts
                   Expensive                                             One contact person
                                            Centralizing the processes
Boring duties for employees                 to Riga                      Scandinavian languages
    Vacations and illnesses                                              Service centre for customers
      Increasing local costs                                             Regular employee trainings

  Ivo Urbanovics | ivo@itfarm-backoffice.lv                                       www.itfarm-backoffice.lv | Riga, Latvia
fast forward to:
                                                                Our location
                                                               Small do best
                                                                Nearshoring




                          Congratulations,
                by reading this presentation you have
               gained knowledge where you can save
                     50% of your routine works!




Ivo Urbanovics | ivo@itfarm-backoffice.lv       www.itfarm-backoffice.lv | Riga, Latvia
Partnership to succeed



                 ASK FOR A PROPOSAL!
                 WE ARE READY
                 TO DELIVER.


                            www.itfarm-backoffice.lv

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ITFarm Backoffice, Save 50% on routine works

  • 1. fast forward to: Our location Small do best Nearshoring Partnership to succeed HOW TO SAVE 50% ON ROUTINE WORKS? Ivo Urbanovics | ivo@itfarm-backoffice.lv
  • 2. fast forward to: Our location Small do best Nearshoring OUR LOCATION Ivo Urbanovics | ivo@itfarm-backoffice.lv www.itfarm-backoffice.lv | Riga, Latvia
  • 3. fast forward to: Finland Our location Small do best our location Nearshoring Riga, Latvia Norway Sweden Estonia Riga: 750 000 inhabitants Denmark Latvia: Lithuania 2 million inhabitants Poland Ivo Urbanovics | ivo@itfarm-backoffice.lv www.itfarm-backoffice.lv | Riga, Latvia
  • 4. fast forward to: Our location Small do best our location Nearshoring Riga Riga, Latvia Languages Latvian Russian official 35% of the population English Scandinavian languages main foreign language spoken by approx. 10 000 persons Ivo Urbanovics | ivo@itfarm-backoffice.lv www.itfarm-backoffice.lv | Riga, Latvia
  • 5. fast forward to: Our location Small do best Nearshoring WE BELIEVE: SMALL DO BEST Ivo Urbanovics | ivo@itfarm-backoffice.lv www.itfarm-backoffice.lv | Riga, Latvia
  • 6. fast forward to: Our location Small do best small do best Nearshoring Ownership ITFarm AS (Norway) 50% Ivo Urbanovics ITFarm Backoffice SIA Established: Riga, Latvia, 2007 50% Ivo Urbanovics | ivo@itfarm-backoffice.lv www.itfarm-backoffice.lv | Riga, Latvia
  • 7. fast forward to: Our location Small do best small do best Nearshoring Management Ivo Urbanovics Partner and borad member Former positions Director, Investment and Development Agency of Latvia in Norway, Junior Consultant, Swedish Trade Council Education Stockholm University (Msc), Stockholm school of Economics in Riga (Mini-MBA) Fluent in English, Norwegian, Swedish, Russian, Latvian Ivo Urbanovics | ivo@itfarm-backoffice.lv www.itfarm-backoffice.lv | Riga, Latvia
  • 8. fast forward to: Our location Small do best small do best Nearshoring Our focus Routine works Productivity Language skills Ivo Urbanovics | ivo@itfarm-backoffice.lv www.itfarm-backoffice.lv | Riga, Latvia
  • 9. fast forward to: Our location Small do best small do best Nearshoring Our employees educated motivated fluent in Scandinavian languages Ivo Urbanovics | ivo@itfarm-backoffice.lv www.itfarm-backoffice.lv | Riga, Latvia
  • 10. fast forward to: Our location Small do best small do best Nearshoring Main markets Denmark Norway Sweden Ivo Urbanovics | ivo@itfarm-backoffice.lv www.itfarm-backoffice.lv | Riga, Latvia
  • 11. fast forward to: Our location Small do best small do best Nearshoring Reachable Short flying distance 90 min to the customers, Oslo Stockholm 60 min same time-zone 80 min Riga Copenhagen Ivo Urbanovics | ivo@itfarm-backoffice.lv www.itfarm-backoffice.lv | Riga, Latvia
  • 12. fast forward to: Our location Small do best small do best Nearshoring Our experience commercial and social experience from Scandinavia Our references large Scandinavian financial institutions almost 500 000 veryfied documents yearly Ivo Urbanovics | ivo@itfarm-backoffice.lv www.itfarm-backoffice.lv | Riga, Latvia
  • 13. fast forward to: Our location Small do best small do best Document verification Nearshoring Today’s technical solution C erify erify ner P OCR v OCR v Scan tab ase AS 4 00 da LAN WAN a rver ing in Rig F ile se m BO verify m BO verify ITFar ITFar An employee in Riga on the computer in Oslo (remote desktop) Ivo Urbanovics | ivo@itfarm-backoffice.lv www.itfarm-backoffice.lv | Riga, Latvia
  • 14. fast forward to: Our location Small do best Nearshoring NEARSHORE YOUR ROUTINE WORKS Ivo Urbanovics | ivo@itfarm-backoffice.lv www.itfarm-backoffice.lv | Riga, Latvia
  • 15. fast forward to: Our location Small do best nearshoring Nearshoring We deliver data verification & administration Document verification - controlling Document, photo, drawing scanning and sorting Ivo Urbanovics | ivo@itfarm-backoffice.lv www.itfarm-backoffice.lv | Riga, Latvia
  • 16. fast forward to: Our location Small do best nearshoring Nearshoring We deliver accounting & payroll services Routine intensive works: invoice posting, travel expenses, payroll and invoice payment Ivo Urbanovics | ivo@itfarm-backoffice.lv www.itfarm-backoffice.lv | Riga, Latvia
  • 17. fast forward to: Our location Small do best nearshoring Nearshoring We develop a solid accounting & payroll hub in Riga We target medium size and large accounting companies enterprises with own financial department Ivo Urbanovics | ivo@itfarm-backoffice.lv www.itfarm-backoffice.lv | Riga, Latvia
  • 18. fast forward to: Our location Small do best nearshoring Nearshoring Checklist for the Centralization of payrolls and invoice posting Today ITFarm Backoffice hub Offices around the country Repeatable, transactional and Overlapping duties measurable activities Low productivity Stable prices & delivery Uncontrollable costs Long term contracts Expensive One contact person Centralizing the processes Boring duties for employees to Riga Scandinavian languages Vacations and illnesses Service centre for customers Increasing local costs Regular employee trainings Ivo Urbanovics | ivo@itfarm-backoffice.lv www.itfarm-backoffice.lv | Riga, Latvia
  • 19. fast forward to: Our location Small do best Nearshoring Congratulations, by reading this presentation you have gained knowledge where you can save 50% of your routine works! Ivo Urbanovics | ivo@itfarm-backoffice.lv www.itfarm-backoffice.lv | Riga, Latvia
  • 20. Partnership to succeed ASK FOR A PROPOSAL! WE ARE READY TO DELIVER. www.itfarm-backoffice.lv