VMware and a Financial Services Client – Both Win with DXC
Client:
VMware and a financial services clientChallenge:
- Deploy software across 31 separate global sites
- Better manage all local multi-currency and multi-country legal and tax complexities
- Deliver a consolidated purchase order (PO) to VMware by year-end, during a holiday period
Solution:
- Set up a centralized invoicing process so each site could be invoiced locally – in its own currency – to be compliant with local tax laws
- Determined key areas where the company could mitigate withholding taxes (WHT) locally
- Handled all financial and legal requirements and complexities to expedite the invoicing process
Results:
- Faster local deployment of VMware software
- Upfront cost savings of $70,000 USD
Both win with DXC SLMS
This financial services company wanted an invoice for 31 disparate orders covering global regions, multiple currencies, local in-country tax and legal requirements. VMware turned to DXC SLMS for its large, complex, multi-currency, multi-country capabilities. DXC delivered a consolidated PO to VMware in two weeks to seal the deal.
Details of the challenge
When VMware was signing a new deal with a global financial services company — for a sizable list of products — it became clear the organization needed to deploy this software without delay, across 31 separate global sites. This company also wanted invoicing centralized from its UK headquarters, but didn’t have the necessary infrastructure in place. The schedule was nearing year-end, and a seamless, integrated invoice had to cover 31 countries with multiple currencies, which created a challenge for VMware. VMware reached out to DXC SLMS to engage our proven capabilities in efficient handling of large, complex, multi-currency, multi-country invoicing for software deals.
The outcome
Handling this part of the deal on behalf of VMware, our expertise enabled this financial services company to achieve a $70,000 USD cost savings upfront through WHT mitigation. This was achieved by consolidating 31 separate invoices under one PO, which took care of all local, in-country taxes, and legal requirements, while covering 13,401 separate items. The consolidated PO was provided to VMware within two weeks of the original request.
Critical success factors
With more than 20 years of worldwide experience, DXC SLMS has the expertise and proven track record to help you — clients, potential clients, and VMware — achieve business goals. We have extensive experience in consolidating and streamlining multi-currency billing and global invoicing, while mitigating WHT taxes locally. Our experts can work in country to handle all local tax and legal requirements to ensure the best outcome for your organization. DXC SLMS teams are supported by our highly skilled, multilingual, and regionally staffed service centers. Our streamlined and integrated infrastructure provides trustworthy data and timely results. Our licensing specialists have extensive knowledge of VMware programs and products. DXC has a worldwide footprint, which means we can deliver on-time results for organizations, like yours, with the most complex global configurations.