Business Process Solutions
As organisations extend their footprints domestically and internationally, the challenge of executing back office processes can become a distraction from core operations, while the need to meet reporting requirements in local or across multiple jurisdictions creates additional risk.
At Grant Thornton, our business process specialists remove the burden of back office operations and compliance challenges, freeing up dynamic organisations to focus on growth.
We also work with the very largest international organisations to improve their finance function efficiency, reduce the costs associated with business processes and provide a complete solution to the challenge of complex, multinational reporting. This allows the in-house team to focus on strategy and add value.
Our clients choose Grant Thornton because:
As a global provider of outsourced services with local expertise and first-hand experience of local reporting requirements in over 100 locations worldwide, our clients receive a consistent international service through a single point of contact.
Clients are able to work with a team that is embedded in a multi-disciplinary practice that discovers what is important to clients, provides pragmatic and holistic solutions to help them grow and is agile and collaborative to provide specialist advice and add maximum value.
For those clients looking to improve their finance and accounting business processes, we provide a full consultancy and delivery service with solutions that are tailored to their needs.
Supporting our clients
Our business process solutions team provides a range of services to support clients of all sizes, from small to medium enterprises (SMEs) through to the largest international businesses:
Back office outsourcing
We provide outsourced accounting, payroll, and human resource and tax services to domestic SMEs or local branches of international organisations. Our services are managed centrally to deliver a consistent experience for each of our clients, however widespread their operations. We exploit innovative digital technology to give our clients access to their data round the clock; the same technology gives our large corporate clients access to new and cost-effective offshore platforms. Where our clients face complex tax and payroll challenges, our tax, global mobility and wealth management specialists provide expert, value-adding advice.
Global compliance partnering
Our global compliance partnering solution delivers all local statutory financial reporting, centralised statutory audits, tax compliance (corporate, sales and payroll), payroll administration and local country filings for multinational organisations through a single point of contact. We are the leading adviser to dynamic organisations delivering a solution that improves reporting efficiency and enhances risk management. By providing full transparency, real-time monitoring and highlighting upcoming deadlines, we enable local and central management teams to ensure full compliance at all times.
Business Process Outsourcing (BPO) and Shared Service Centre (SSC)
Increasingly, large organisations are looking to fully outsource their transactional end-to-end finance and accounting processes, leaving them free to focus their finance resources on important strategic business-value. We typically deliver this solution as part of a multi-year contract, incorporating a commitment to reduce costs and/or improve productivity and quality. We also advise organisations on optimising finance and accounting processes, and can take our recommendations through to implementation, whether this involves building a full-scale BPO delivery capability or setting up a Shared Services Centre.