One of CAF's core objectives is to create sustainable transport systems

The client

CAF is a multinational group with over 100 years of experience in the supply of comprehensive transit solutions positioned at the forefront of technology for high value added sustainable mobility.

The publicly traded company is headquartered in Beasain in Spain and currently employees more than 11.000 employees around the world.

The company offers comprehensive global rail solutions which, in addition to the supply of trains, includes viability studies, civil work, electrification, signalling, maintenance and system operation in some cases. With factories in France, UK, Brazil, Mexico and USA, CAF is a true global leader in sustainable railway systems.

One of CAF's core objectives is to create sustainable transport systems. The company's vision is to respond to new social demands for sustainable mobility. Since CAF was founded, it has been noted for its versatility, flexibility and for its capacity to constantly adapt to the requirements of each and every customer, in all areas.

Business challenge

CAF is maintaining business operations within and across seven European key markets. In order to better streamline their accounting-related processes for all European subsidiaries, the company has harmonized all internal accounting services within a centralized competence center in Bucharest, Romania. This allows CAF to provide inter-company reporting as well as valuable insights back to the Group in Spain much faster and out of a single source.

The competence center in Romania has got the experience to effectively follow the specific accounting regulations from individual European countries to successfully complete the monthly bookkeeping. Yet, CAF needed to partner with a local professional services firm in Germany in order to submit the quarterly VAT reports to the German authorities.

While receipts and invoices of monthly business transactions are collected almost on a daily office directly from CAF Germany’s office in Munich, CAF Romania is processing all received information in order to finalize the monthly accounting work. 

After finalization, all processed booking entries should be now shared with the local partner. The goal of CAF was that the exchange of all processed data should take place electronically in CSV format in order to avoid redundant work and to keep the process as efficient as possible. The local partner would then ideally 

  • import the received booking list seamlessly into their ERP system
  • validate the bookings against all submitted invoices and receipts and checks for completeness
  • make sure that all bookings are aligned with German bookkeeping standards
  • align on potential questions and additional requirements
  • create a quarterly VAT report to be submitted to the German authorities

Our approach

Our customer success team worked intensively together with CAF over a period of time to find the best possible solution to seamlessly exchange accounting-related* data between CAF Germany, CAF Romania, as well as with Consultinghouse.

Online Services

Consultinghouse is providing its customer portal “MyDashboard” to faciliate the exchange of invoices and receipts between CAF Germany and CAF Romania. Invoices in PDF format are seamlessly drag’n dropped to the portals homepage. 

Once uploaded all required information is automatically extracted from the invoices by leveraging Consultinghouse’s AI-powered online platform. CAF Romania can now easily find all information in order to effectively complete the quarterly booking list. Right after the booking list is finalized, the list in CSV format will be easily uploaded again to Consultinghouse’s customer portal. Upon upload CAF’s dedicated senior accountant from Consultinghouse receives a notification informing the accountant that all data are now available and ready to be submitted to the German authorities.

Consultinghouse’s online platform “MyDashboard” is hosted in Germany to meet all security requirements with regard to the storage of receipts and invoices. 

  • Professional Services
  • Quarterly VAT reporting
  • Quarterly Trial balance reporting
  • Balance Sheet year report*
  • Management report
  • VIES reports

The outcome

Consultinghouse knows that the traditional bookkeeping will be becoming even more data driven in the near future. For this reason we have introduced new online services that are powered by innovation and new technologies like artificial intelligence in order to better manage the data of our valuable customers. However, we also see that technology alone is not the sole answer to meet the very individual and demanding business needs of our enterprise customers. 

For this reason, Consultinghouse is always assigning a dedicated senior accountant as the main point of contact to jointly work with our small, medium and enterprise customers to make them successful. This balanced combination of an experienced accountant who is supported by AI-powered technology is essentially creating greater value for CAF.

For more information about CAF, please visit


Let us be a part of your success story

Andreas Wilke


+49 6181 250 330


Email me  Book a meeting

Why us?
  • Strong experience in supporting foreign companies to develop their business in Germany
  • Our clients success is our success. Our objective is to grow along our clients
  • We are family owned. Our long- term perspective allows for good strategy and decision-making

Related business cases

Freyr Life Sciences

Freyr successfully entered the German Market with the help of Consultinghouse's Comprehensive Market Entry Sol...

Read More

SEEDRS is relying on Consultinghouse's monthly Payroll Services

Read More
Oscar Charles imports Makeup Brushes to Germany

Oscar Charles successfully imports its high-class makeup brushes to Germany with a German EORI number

Read More
Too Faced - A serious makeup brand that knows how to have fun

Too Faced Cosmetics - A serious makeup brand that knows how to have fun

Read More
Freespee - Fast track deals through your sales funnel

freespee calls it B2Human.

Read More
Wallbox supercharges its way to the German market

Wallbox supercharges its way to the German market

Read More
An intelligent digital transformation into the german market

An intelligent digital transformation into the german market

Read More
At the forefront of the Australian wine industry and now in Germany

At the forefront of the Australian wine industry and now in Germany

Read More
Bakken & Baeck

Bakken & Bæck Successfully Incorporates a sales office in Germany

Read More

Market Entry & Business Administration Services for QueryNow

Read More
Korean Software Company

Strategic Business Development in Germany for Korean Software Company

Read More

Vyrian successfully enters the German Market supported by Consultinghouse

Read More
PARI Robotics

Pari Robotics sets foot in Germany and opens Subsidiary with the Support of Consultinghouse

Read More
E-Liq Cube

Californian E-Liq Cube opens its first store in Munich, Germany

Read More
Tata Autocomp

Tata Autocomp Germany runs its business better with Consultinghouse

Read More
Rome Research Corp.

Monthly financial reporting services for rome research corporation

Read More

EDUsys entering Germany as part of a Corporate Globalization Strategy

Read More
Unbounce Germany

Unbounce is the #1 Landing Page Platform for 15,000+ Brands

Read More

Infortrend Germany optimizes operations with Consultinghouse

Read More
1600 Cyber International GmbH

1600 Cyber Int. GmbH successfully entered the German market using Consultinghouse’s incorporation solutions

Read More
Customized payroll solutions for Yocuda in Germany

Customized payroll solutions for Yocuda in Germany

Read More
Animas Centre for Coaching GmbH

Animas Centre for Coaching successfully entered the German market using Consultinghouse’s incorporation soluti...

Read More
DAAX Liquidation

How DAAX was successfully liquidated with Consultinghouse

Interstate Hotels & Resort

Customized payroll solution to power Interstate's market expansion strategy for the DACH region

Read More
City Bike Adventures

City Bike Adventures is relying on Consultinghouse's Payroll Services

Read More

Momenta is an autonomous driving company from China

Read More

Trussardi is an Italian luxury fashion brand based in Milan, Italy and specialized in leather goods, ready-to-...

Read More
Wild Lovers London

Wild Lovers is a Lingerie Brand that was founded in 2019 in East London.

Read More

Related Business Solutions

Read More
Business incorporation
Read More
Read More
Read More
Employing in Germany
Read More
Market expansion
Read More
Read More
Read More

Book your advisory call today

We help you to assess the current phase of your business and to build your personal roadmap about how your business can start and grow in Germany.

Book a meeting

Market Entry Newsletter

Our newsletter covers the news you need. Subscribe now.