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
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
Select the package that suits you most
For small but ambitious companies that want to keep accounting simple and need support mainly for mandatory reporting.
For growing companies that, in addition to the support of an accountant, require occasionally the advice of other experts and need a quarterly review of their financial statements.
Well-established businesses that need tailor-made solutions, special reporting, monthly results reporting and who often need the advice of external experts due to their extensive activities.
High cybersecurity standards and safe data exchange
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.
What to consider when picking an accounting software?
When contemplating outsourcing your accounting, it makes perfect sense to also reconsider the tools that have been used so far. Although, switching over to another accounting software might seem a complex and time-consuming process, it is often an investment worth making if the new solution enables more extensive automations. Thus, increasing cost-effectiveness and improving the timeliness of accounting data. Moreover, in analysing the different accounting software available the team gains a deep understanding of the existing accounting processes, enabling them to further optimise for efficiency.
Take a look at our clients’ most utilised accounting software Acclouding.
We are honoured to be trusted with the accounting of:
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.
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.
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
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.
Mapping out all your business processes
Agreeing on the division of tasks between Grant Thornton Baltic and your business
Agreeing on the common communication and reporting standards as well as deadlines
Finding the best technological solutions and software for you
Agreeing on the pricing
Migrating all your relevant accounting data
Compiling the necessary internal accounting policies
Making sure that the migration is as smooth as possible and begin offering the service once the contract is signed.
If you trust us with your accounting, we will be a part of your team.
We will take full responsibility for the correctness and compliance of our work, while making sure that your accounting is done professionally and always on time.