Fitness24Seven

Structuring and steadying Scandinavia’s fastest-growing fitness chain

Challenges:

Fitness24Seven is Scandanavia’s fastest growing fitness chain, with 250 gyms across 6 countries. Focused on expanding its business, Fitness24Seven did not have the time or the resources to structure their finance and accounting processes. With several branches in Bangkok, Fitness24Seven faced a challenge managing their invoices and payroll efficiently.

Solution:

Mazars provided resources and expertise to work with Fitness24Seven to resolve legal, tax and compliance issues. Our team provided resources and expertise, working with Fitness24Seven to resolve these issues. Mazars also implemented an invoice management solution to streamline approval workflows, and we supported the client by coming onboard to handle accounting, payroll and tax compliance.

Results:

The internal invoicing process became more streamlined, organized, and effective, minimizing inaccuracies, saving time, and simplifying back-end processes. With Mazars’ help, Fitness24Seven could redirect its attention to expanding its business in the Thai market. Our customer-oriented approach of efficiently identifying issues and recommending solutions that Fitness24Seven could implement quickly are key to helping our client establish the right business processes to grow its business in Thailand.