Insights

Payroll When the process lives in someone’s head: hidden risks in payroll

When the payroll process exists only in one person’s head, it creates significant continuity, error and control risks. A documented and transparent process ensures security, efficiency and reduces dependency on individuals. In this article, we explain why mapping and documenting payroll processes is critically important.

Terje Liiv

| 3 min read | 12 Feb 2026

Outsourcing services Professional and flexible financial support from Grant Thornton Baltic

Whether driven by growth, the need for digitalisation, new reporting requirements or the search for a reliable partner during times of change, Grant Thornton Baltic is a strong choice.

Terje Liiv

| 3 min read | 09 Feb 2026

Outsourcing The future of accounting – machine precision or human wisdom?

The future of accounting: where machine precision meets human wisdom. Automation and AI are reshaping accounting faster than ever. Yet human insight, judgment, and creativity remain essential. Discover how the partnership between people and technology is defining the next era of finance.

Terje Liiv

| 5 min read | 25 Nov 2025

Transaction advisory Family business of the year: Pro Optika, which captured a third of the market, is chasing new growth

Last year, the optical retail chain Pro Optika took a bold step by acquiring its competitor Pere Optika — a move that doubled both its store network and its team. With 50 stores now across Estonia, the company is entering a new growth phase and redefining what it means to be a modern family-run business.

| 5 min read | 19 Nov 2025

Outsourcing „On the first day, everyone said they were going on sick leave.” How the software change went wrong

In a smaller company, implementing new software can take three to four months, while in larger companies it can take a couple of years. Change management is exceptionally important for the transition to be successful

Terje Liiv

| 5 min read | 09 Jun 2025

Grant Thornton Baltic saade Kasvukursil Äripäeva raadios

Business Process Solutions Artificial intelligence shakes up the accounting sector: machines end up doing the easy work, while CFO skillsets are in high demand

The rapid development of artificial intelligence and the arrival of ChatGPT on the scene will not leave accountants on the street, but there will be an increasing need to get in-service training, re-train and think more like a CFO does.