Raw Power Games
Build a world-class game and a handful of spin-offs

About Raw Power Games

Raw Power Games is a fully funded games developer dedicated to creating amazing games while fostering a remarkable work culture. Located in Copenhagen, Raw Power Games believes that an inclusive and inspiring work environment brings out the best in our talented individuals, resulting in exceptional games.

Introduction

In the competitive realm of computer game development, Copenhagen based Raw Power Games emerges as a promising newcomer, driven by a commitment to crafting engaging gaming experiences. With a distributed workforce spanning the globe, the studio prioritizes fostering a collaborative and supportive environment, striving to make Raw Power Games an exemplary place to work. Already fully backed, Raw Power Games is poised to make its mark with the development of its debut title, alongside plans for two additional releases in the coming decade. Moreover, the studio anticipates leveraging its success to spin out new ventures along the way.

Amid the excitement of bringing innovative gaming concepts and related technologies to life, Raw Power Games faces the familiar challenge of managing finances effectively. While fully funded, the complexities of budgeting, forecasting, payroll, and financial planning require expert guidance to navigate.

This is when they chose to work with Sovereign Solutions, as they are a financial consultancy specialising in tailored solutions for tech businesses. Recognizing the potential for growth within Raw Power Games, Sovereign Solutions offers strategic support to address financial hurdles, paving the way for streamlined operations and development.

Challenge

Before Sovereign Solutions entered the picture, Raw Power Games faced several hurdles in its quest to revolutionize the gaming industry. As a research and development (R&D) driven company, Raw Power Games operates in a niche where tax authorities often struggle to grasp the complexities of their business model and development work. Additionally, the studio’s rapid expansion and plans for spin-offs posed logistical and financial challenges. Let’s delve deeper into each of these obstacles.

Challenges in Running an R&D Driven Company
In the realm of R&D-driven endeavors, such as game development, Raw Power Games encountered unique challenges. Tax authorities, accustomed to more traditional business models struggled to comprehend the intricacies of Raw Power Games’s operations. This lack of understanding resulted in uncertainty regarding tax liabilities and incentives, adding layers of complexity to the studio’s financial management.

Moreover, the nature of R&D work often involves substantial investments in innovation and experimentation, which is breaking new ground, but may not yield immediate or foreseeable returns. This dynamic further complicates financial forecasting and reporting, exacerbating the need for expert financial guidance to ensure compliance while maximizing available resources.

Challenges with Ever-Growing Operations and Spin-Offs
As Raw Power Games expanded its operations and ventured into spin-off endeavors, it faced both logistical and financial challenges. Managing the logistics of a distributed workforce and coordinating efforts across multiple locations demanded robust systems and processes to maintain efficiency and cohesion.

Additionally, the prospect of spinning out new ventures introduced complexities in terms of timing, resource allocation, intellectual property rights, and financial structuring. Balancing the demands of nurturing new ventures while sustaining the core business and compliance required careful strategic planning and execution.

Solution

Facing the intricate challenges of managing a rapidly growing and geographically dispersed workforce, Raw Power Games sought a strategic partner to navigate the complexities of financial management and operational scalability. Sovereign Solutions emerged as the trusted advisor, offering continual advisory services tailored to address Raw Power Games’ evolving needs and pave the way for sustained growth and innovation.

Proactive Advisory and Legislative Oversight
Sovereign Solutions distinguishes itself by providing proactive guidance, not only addressing immediate challenges but also anticipating future operational and legislative hurdles. By staying ahead of regulatory changes and foreseeing potential challenges, Sovereign Solutions ensures that Raw Power Games remains compliant and well-prepared for any regulatory changes.

A cornerstone of the partnership between Raw Power Games and Sovereign Solutions is the foundation of trust and confidentiality. Through open communication and a commitment to confidentiality, Raw Power Games entrusts Sovereign Solutions with sensitive financial information, enabling collaborative decision-making and strategic planning.

Scalable Solution
Recognizing the need for a financial system that can scale with the company’s rapid organizational changes, Sovereign Solutions has implemented a custom-built system tailored to Raw Power Games’s unique requirements. This scalable solution provides the necessary control to maintain financial oversight amidst growth and expansion.

By leveraging custom reporting and forecasting models, the leadership of Raw Power Games has a streamlined system of international payroll and company ownership management. These bespoke solutions enable Raw Power Games to navigate complex financial landscapes with ease, empowering informed decision-making and strategic planning.

Integrated Financial System
Central to the solution is the implementation of an extensive integrated financial system, providing Raw Power Games with comprehensive tools to manage profit and loss, tax aspects, budgets, and forecasting. This robust system enhances operational efficiency and data integrity, enabling Raw Power Games to focus on driving innovation and growth.

“It’s liberating to have someone who picks up continuously, saying ‘now we need this system, now we need to control this, and here are some expenses that we need to be a bit cautious about.”
– Jakob Rasmussen, COO at Raw Power Games

Results

The partnership between Raw Power Games and Sovereign Solutions yielded transformative results, empowering top management to focus on driving growth and development with confidence and clarity. By offloading the tasks of systematizing, structuring, and controlling financial processes, Raw Power Games has achieved more operational freedom to seize opportunities and expand rapidly.

Freeing Up Top Management’s Time
The primary outcome of the collaboration has been the liberation of top management’s time, allowing them to concentrate on strategic decision-making and charting the company’s course for growth. With the burden of financial management lifted, top management can devote their energy to ensuring that the numbers align with the strategic direction, pace, and runway of Raw Power Games.

Enabling Better Hiring and Faster Expansion
The newfound efficiency in financial management enabled by Sovereign Solutions has allowed Raw Power Games to make strategic hires and expand its operations at an accelerated pace. By automating and streamlining financial processes, Raw Power Games can seize opportunities as they arise, without being hindered by administrative burdens.

Summing Up

Sovereign Solutions’ holistic approach to financial management, coupled with proactive advisory services and a commitment to confidentiality, has yielded tangible results, unlocking new levels of efficiency, agility, and growth for the studio. By leveraging Sovereign Solutions’ expertise and solutions, Raw Power Games has positioned itself for sustained success in the dynamic and competitive landscape of game development. By installing a scalable financial system and leveraging custom reporting and forecasting models, Sovereign Solutions empowered Raw Power Games to navigate complex financial landscapes with confidence and clarity.

“The most important thing is that we can offload a lot of the tasks we would otherwise have to deal with, so we can focus on growing the company.”
– Jakob Rasmussen, COO at Raw Power Games