Insights

Outsourcing services Why you shouldn’t choose an accounting service based only on price

Accounting is the heartbeat of every successful company. Grant Thornton Baltic Partner Gaily Kuusik explains why price alone shouldn’t guide your choice of accounting service — and how quality, expertise, security, and partnership create real business value.

Gaily Kuusik

| 4 min read | 05 Feb 2026

Payroll services Human resources and accounting: why a minimal HR software solution is the biggest payroll risk

Grant Thornton Baltic offers payroll process mapping, rule configuration, integration testing, parallel payroll testing and training to ensure payroll runs smoothly and correctly. Naturally, we also provide a full-service solution—from HR support to payslips.

Gaily Kuusik

| 6 min read | 05 Feb 2026

Practical advice Well-planned vacation schedule creates confidence for the employee and stability for the company

Every company must prepare and communicate the annual vacation schedule during the first quarter of the year. This is not just a formality – the purpose of the schedule is to ensure smooth work organisation and conscious, mutually considerate planning of employees’ vacation needs.

Gaily Kuusik

| 6 min read | 05 Dec 2025

Leadership A leader is not born, but grown

Leadership isn’t born from titles — it’s grown through empathy, adaptability, and teamwork. Read Gaily Kuusik’s story of growth in modern outsourcing.

Gaily Kuusik

| 3 min read | 30 Oct 2025

Outsourcing I want a vacation without the paperwork! Employees expect digital solutions from employers

Employees today expect the same level of user experience from their employers as they get from everyday services — whether it’s ordering food via an app or checking their child’s school data in eKool.

Gaily Kuusik

| 6 min read | 23 Oct 2025

Outsourcing Accounting errors cost money and trust, but e-invoices help avoid mistakes

E-invoices are a useful tool for every accountant to avoid mistakes caused by human error, which waste time and money. There are also many other business advantages to "selling" e-invoicing to a manager or client.

Gaily Kuusik

| 5 min read | 06 Jun 2025

Outsourcing services Outsourced accountant won't let you down

When outsourcing accounting services, you can be sure that the work won't be left undone in case the accountant falls ill or goes on vacation.

| 4 min read | 14 Apr 2025

Women in business Three women’s journey to the top

This International Women’s Day, we shine the spotlight on our newest female leaders—this season, Grant Thornton Baltic’s Estonian office welcomed three new women partners. How did Gaily Kuusik, Terje Liiv, and Anni Vaiksaar reach senior management, and what unique values do they believe women can bring to leadership?

Gerli Soosalu

| 9 min read | 06 Mar 2025

Travelogue Studying management in Vietnam

Grant Thornton pays great attention to training managers, and Kristel Tiits (Head of Legal) and I had the opportunity to participate in Grant Thornton International's year-long management training program, where one session took us to Vietnam.

Gaily Kuusik

| 8 min read | 03 Sep 2024

Compulsory dissolution The Commercial Register’s printing press has snapped into action

Pursuant to amendments that entered into force last year, the Commercial Register can fine or compulsorily dissolve those who are late filing an annual report. Compulsory dissolution can be done if the company lacks registered assets (i.e. no assets evident in the land register, ship register, Commercial Register or Estonian securities register), is not a party to any current judicial proceedings, criminal enforcement proceedings or tax disputes.

| 6 min read | 15 Aug 2024

Accounting E-invoices are dead, long live e-invoices!

E-invoices celebrate their first minor anniversary – submitting invoices to the public sector in this format has been obligatory for five years, while technical support for e-invoicing has existed on the market for more than 10 years. But the hope that the private sector would organically embrace the state’s role model has not come to fruition.

Gaily Kuusik

| 8 min read | 09 Aug 2024

Business Process Solutions When to fire your accountant?

A high-quality accountant who uses modern technological solutions – up to and including AI – can do more for a company than ever before. An accountant can be closer to a CFO’s skillsets than a data entry role.

Gaily Kuusik

| 6 min read | 21 May 2024

Commercial Register Act Problems in practice with compulsory dissolution of companies

For years, the Commercial Register allowed companies to operate in the Estonian business environment as if disclosure of economic figures was optional. Last year, an abrupt change in direction occurred.

| 8 min read | 08 Apr 2024

Payroll Estonian businesses prefer outsourcing payroll

More and more Estonian companies prefer to outsource payroll functions rather than have a staff position. The reason is that it’s a time-consuming job and requires use of the latest software and keeping up to date with frequent changes to legislation.

Gaily Kuusik

| 4 min read | 19 Feb 2024

Accounting What are the prevailing winds on the accounting service market?

Gaily Kuusik, Grant Thornton Baltic's Head of Business Process Solutions, gives an overview of topics related to the accounting market.

Gaily Kuusik

| 6 min read | 13 Feb 2024

Case study We helped strengthen the cooperation between two large chemical companies

In 2023, the German family company Bodo Möller Chemie bought the distribution rights of the brands Loctite, Teroson and Technomelt from Henkel and established a subsidiary Bodo Möller Chemie Baltics OÜ to deal with the resale of Henkel's adhesives and sealants in the Baltics. The founding of the subsidiary was advised by Grant Thornton Baltic.

2 min read | 26 Jan 2024

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