About the Client
SF1 Clips helps international brands such as Victoria’s Secret, Pandora, and Nespresso enter the markets of Central and Eastern Europe. Their business model is flexible and adapts to the specific needs of each brand, while at the same time requiring a unified approach to process management across countries.
When expanding into new markets, SF1 Clips needs to ensure a consistent flow of data in areas such as accounting, invoicing, inventory management, point-of-sale systems, and reporting. The key objective is to have a centralized yet scalable system that supports further growth.
Challenge
When entering the Slovak market, SF1 Clips faced the question of how to set up local accounting and processes in compliance with Slovak legislation while still fitting into their existing international ERP environment.
The challenge was not only technological. It also included aligning different accounting standards, ensuring proper tax setup, handling registration obligations, and creating processes that would be sustainable in the long term and ready for scaling. Equally important was the ability to integrate the ERP system with local solutions and ensure its practical use in daily operations.
Solution
A key element of the solution was the digitalization of processes through the Odoo ERP system, which enabled the integration of accounting, invoicing, inventory management, and point-of-sale operations into a single system.
In cooperation with 26HOUSE, accounting modules were implemented, the POS system including eKasa was configured, invoicing and exchange rate calculations were automated, and integration with the Slovak accounting system POHODA was established. The integration of accounting was essential to ensure compliance with local legislation.
The implementation and integration of accounting required more than 30 hours of IT support, highlighting the technical complexity and the importance of properly setting up all processes from the very beginning. IT support and the implementation of accounting modules within the Odoo system were provided by the Slovak partner Moore BDR.
Partner
The project was built on the cooperation of two Slovak partners who complemented each other. 26HOUSE was responsible for the implementation of the Odoo ERP system and its technical setup, including localization and integrations.
In addition to IT support, Moore BDR focused on accounting, tax, and legislative areas. In the initial phase of the project, more than 40 hours were dedicated to tax advisory and transfer pricing to ensure that the overall structure was set up correctly from the start. The support also included legal and registration services, such as company and employee registration and communication with relevant authorities.
After the launch of SF1 Clips’ operations, Moore BDR has been providing ongoing support, including payroll accounting for more than 50 employees, processing approximately 7,000 accounting entries per month, VAT agenda, reporting, and communication with authorities.
Result
The result of this collaboration is a functional and scalable model that enables SF1 Clips to operate efficiently in the Slovak market while maintaining unified processes within its international environment.
The integration of accounting, digitalization, and the Odoo ERP system created a stable foundation that connects technological solutions with local requirements. This approach not only addresses current needs but also prepares the company for further growth and expansion into additional markets.
This case demonstrates that the key factor for success is not only the implementation of a system or the provision of accounting services, but above all their integration and effective cooperation between partners.
If you are planning to enter the Slovak market or optimize your business processes, we will be happy to become your long-term partner.
