MTV Media transfers financial and payroll administration to Pretax
MTV Media and Pretax have signed a contract whereby MTV will buy its financial and payroll administration services from Pretax.
Pretax will take over the financial and payroll administration of MTV, except for operational reporting. The Pretax Finance Department will provide MTV with customized digital processes and cutting-edge financial administration applications. The service structure also includes a smoothly running substitute system, which will ensure that MTV avoids over-resourcing.
These services were previously handled by Alma Media Palvelut Oy, a service company which will now focus on serving intra-corporate needs. After a transition period, MTV decided to buy its financial and payroll administration services from Pretax.
“We chose Pretax, because they are a reliable and competent provider of financial and payroll administration services. They can give us everything, systems included. It is also important for us that our partner pursues constant development. Being the market leader and a pioneer in the field, Pretax is splendidly placed in this respect too. They will also be a good employer for our transferring employees,” says Pertti Peltola, CFO of MTV Media.
“I am delighted with our cooperation with MTV, a well-managed company with a clear strategy and processes. This makes our job as a financial and payroll service provider easy. The contract also demonstrates that our customers value the option of a one-stop shop in financial and payroll administration. This is exactly why the Pretax Finance Department was set up in the first place. We are also pleased to welcome the financial administration professionals transferring to us from MTV. I am sure we can offer them interesting development potential,” says Tero Salminen, Consulting Director, Pretax.
Further information
Pretax
Tero Salminen, Consulting Director
E-mail: tero.salminen[a]pretax.net
Tel. +358 40 767 5311
MTV Oy: Pertti Peltola, CFO
E-mail: pertti.peltola[a]mtv3.fi
Tel. +358 40 556 1020
Pretax
Pretax is Finland’s largest financial and payroll administration company. Founded in 1944, it has 1,000 employees. Its clientele ranges from small entrepreneurs to major international corporations. Pretax operates in the Nordic countries, the Baltic States and Russia. www.pretax.net
MTV Media
Founded in 1957, MTV Oy is one of the oldest commercial television companies in Europe. MTV Oy runs the MTV3 and SubTV channels. MTV MEDIA is a joint brand for the electronic media owned by MTV Oy, launched after the Alma Media Broadcasting transaction in spring 2005. MTV Oy owns the TV channels and interactive services of MTV MEDIA and has a 74% holding in its radio channels.