It is a widely held misconception that a professional accounting service is economically accessible only to large corporations.

However, in our experience, a well thought through professional accounting service can deliver a cost-effective and convenient solution for a small venture or freelancer likewise.

The argument for outsourcing accounting as a starting venture is further bolstered by the constrained time that one faces. Outsourcing your accounting will allow you to focus on what really matters, which is running and scaling your business.

Our accounting service is flexible and agile just like you. We will help you pick the right service offering depending on your size and industry – we approach every client individually with their unique needs in mind.

At Grant Thornton Baltic, we enjoy working with ventures of all size - both large corporations, featuring complex business models and processes, as well as high growth start-ups. We are nimble in responding to your changing needs and we will adapt accordingly so as to support you in your growth trajectory in every way possible.

Five reasons to outsource your accounting:

  • Increased operational flexibility and cost savings
  • Access to first-rate technological solutions and software
  • Easy access to professional tax, legal, financial and digital advice
  • Always informed about changes in the relevant legislature
  • Management able to focus on running and scaling the business

 

Image

A long-term and professional cooperation

Grant Thornton Baltic has been with us from the very beginning – they have professionally handled everything from accounting and payroll to financial management. They have also supported us in labor law as well other legal matters. Their first-class team is professional, their work of high-quality and always on time. What makes their service exceptional, is that they do not focus only on the agreed upon matters but proactively seek to understand your needs and problems, so as to really exceed in meeting and solving them. The communication with them is always effortless and enjoyable – whatever the question, you always get a thoughtful answer. It has been a pleasure working together with Kaija Salu and the whole Grant Thornton Baltic team. I can wholeheartedly recommend Grant Thornton Baltic to anyone looking for a reliable service partner.
Mikko Varhe, CFO
Mikko Varhe, CFO
Solita OY
Why Grant Thornton Baltic?

Why Grant Thornton Baltic?

A large and experienced team
We have a strong team led by knowledgeable managers – this means fast response times, broad expertise, and reliable support even in complex situations.
Hands-on expertise across industries
We have supported companies across sectors – from manufacturing to services, from start-ups to publicly listed firms – always bringing a fresh perspective and practical solutions.
More than just accounting
Our firm also includes tax and legal experts, auditors, and IT consultants – enabling us to create holistic solutions when needed.
International reach
As part of the global Grant Thornton network, we can draw on international support whenever cross-border expertise is required.
    Software
    Grant Thornton Baltic’s accounting team services companies of all size with varying needs and demands. In doing so we have significant experience in working with a range of accounting software. We never put a limit on the choice of software and if needed we are able to continue utilising the software of your preference. Nonetheless, if you require advice in picking the right accounting tool, our experienced team will help you determine the most suitable option for your business.

    Business Intelligence and financial management

    Failure to provide sufficient attention to corporate development and financial planning may trigger difficulties.

    Grant Thornton Baltic’s experienced financial advisers will help assess whether the means for attaining the goals listed in your business plans are adequate, and calculate the capital required.

    Our financial advisers will also prepare in-depth financial forecasts and budgets, as well as feasibility studies and financial analyses. All this will provide you with the information required for making decisions and enhance the speed and quality of decision-making.

    Data visualisation tool Tableau

    Today, companies create a huge amount of data, but not all data is necessarily a value adding information. The intelligent use and presentation of data helps decision-makers to make better-informed decisions.

    Business analytics helps to improve the quality and speed of management reporting and to identify opportunities for development and growth. In our business analytics solution, we use Tableau software, one of the largest business intelligence software in the world, helping people see and understand their business data better.

    Our experienced professionals help to tame the data so that the management of the company is data-based. We help you map, structure and integrate your company's data so that it becomes easy-to-understand information.

    We are honoured to be trusted with the accounting of:

    An international grasp and vast experience that make for a reliable service partner

    “Peikko Estonia has been utilizing Grant Thornton Baltic’s professional services for many years. We have experienced Grant Thornton Baltic’s growth first-hand – throughout the years their client portfolio has grown significantly, as has their scope of competences. You witness such growth only with reliable, ambitious and bright service partner. For us, as a corporation that is part of an international group, operating in over 40 countries spanning five continents, Grant Thornton Baltic has been the go-to partner for professional accounting services due to their international network, extensive experience and commendable reliability.”
    Aare Raam, CEO
    Aare Raam, CEO
    Peikko Eesti OÜ

    A smooth migration

    It does not matter whether your accounting has been done internally or utilised an external service provider, we will make the migration of data and processes smooth. We believe that the best cooperation relationship can be born through communication and thorough planning.
     

     

    Planning

    • Mapping your business processes
    • Defining task roles
    • Aligning on communication, reporting, and deadlines
    • Finding the best tech and software solutions
    • Agreeing on pricing terms

    Implementation

    • Transferring all relevant accounting data
    • Compiling internal accounting policies
    • Ensuring a smooth migration and starting service post-contract

    Cooperation

    • We become part of your team you can trust
    • We take full responsibility for accurate, compliant, and timely accounting

    Our specialists will help you:

    Gaily Kuusik
    Gaily Kuusik
    Partner, Head of Business Process...
    Tallinn, Estonia
    View full profile
    Terje Liiv
    Terje Liiv
    Partner, Client Experience Manager
    Tallinn, Estonia
    View full profile

      Let's meet up and discuss your company's plans and needs, so that we could put together an accounting services package that is just right for you. 

      Related articles

      What if your accountant isn’t working a few cubicles away?

      Read more What if your accountant isn’t working a few cubicles away?

      How will the new situation affect accounting and auditing?

      Read more How will the new situation affect accounting and auditing?

      8 reasons to outsource payroll

      Read more 8 reasons to outsource payroll

      Grant Thornton Baltic's payroll service received an international award

      Read more Grant Thornton Baltic's payroll service received an international award

      Estonian companies prefer outsourcing payroll

      Read more Estonian companies prefer outsourcing payroll