Optimise your finance function with tailored outsourcing expertise that’s built around and evolves with your business needs and strategy.

The pressure on finance operations is growing. Finance teams must balance cost, efficiency, skills, technology, and reporting, as well as meeting more strategic demands.

Our BPO team alleviates these burdens, leaving you free to concentrate on your business. We’ll give you tailored outsourcing solutions you can count on right away. We’ll also continually review your needs to support your success, driving cost efficiencies, leveraging new technology and fostering sustainable long-term growth.

  • UK client managers
  • Onshore or offshore outsourcing
  • Development, implementation, integration
  • UK client managers
    Purple icon depicting a handshake
    UK-based dedicated account managers to manage your outsourcing needs and access globally.
  • Onshore or offshore outsourcing
    purple icon depicting a team of people
    Access to teams of accounting experts based in the UK and globally, ensuring full coverage for your business
  • Development, implementation, integration
    Development, implementation, integration
    Assistance at any stage – whether you're ready to outsource or need to establish a steady state first.
Varun Dewan
Get in touch
Partner, Head of Business Process Outsourcing
Varun Dewan
Contact Varun Dewan Learn more about Varun Dewan
Varun Dewan
Contact Varun Dewan Learn more about Varun Dewan
Varun Dewan
Partner, Head of Business Process Outsourcing
Varun Dewan
+44 (0)2077 282928

Why Grant Thornton

Traditional outsourcing can leave you feeling alienated or lacking in control. That’s why we put people first from the outset and give you a dedicated UK client manager so you can have confidence that you have an expert on hand working with and for your business.

Your client manager will handle everything, from ongoing review and improvement to ensuring smooth access and communication. We work with you to identify where outsourcing could help and to become a trusted extension of your team.

tracking

Centralising accounting operations (COAs) for a large hospitality conglomerate

The challenge:
Consultants across 11 countries were implementing different ERPs and COAs, creating reporting delays, and impacting management visibility and statutory timelines.
The solution:
Within three days we mobilised a team to implement a centralised single accounting platform and modified COA, and established robust intercompany transaction processes.
The result:
This streamlining led to real-time access to intercompany transactions and timely reporting, enabling stakeholders to focus on core activities.

Enhancing the reporting function of a multinational investment company

The challenge:
One of the world’s largest alternative investment management companies sought to enhance its accounting and reporting function to meet monthly and quarterly reporting deadlines.
The solution:
We provided a team to clear intercompany backlog reconciliations, and automate intercompany reconciliations and lender reporting for one of the investment sectors.
The result:
After successfully meeting the reporting deadlines, the team then helped the client finalise its monthly trial balance for over 100 entities and provide further global services.

Streamlining intercompany transactions for a solar power producer

The challenge:
To provide comprehensive financial services, and reconcile multiple daily intercompany transactions and balances across over 75 SPVs.
The solution:
We mobilised a transition team to implement templates and procedures for day-to-day execution while leveraging accounting software capabilities.
The result:
Improved data quality checks, quick and cost-effective audits, and timely closure of annual financial statements and statutory filings for better financial control.

Global real estate portfolio reconciliation transformation

The challenge:
Acquiring a real estate portfolio of 84 legal entities led to an intercompany transaction backlog of over 5000 unreconciled transactions, hindering timely financial reporting.
The solution:
We prepared automated Excel templates to identify intercompany variances, and implement standard operating procedures.
The results:
We successfully reconciled the transactions backlog and ensured compliance with group protocols to enabled timely financial reporting.

Managing accounts payable function for a global semi-conductor company

The challenge:
Attrition in the accounts payable (AP) teams of two of its international entities led the client to seek a service partner to manage these functions efficiently and effectively.
The solution:
We set up a dedicated AP processing team for recording of inventory and non-inventory invoices, reconciliation of vendor accounts, and validation of employee expense claims.
The result:
Increased productivity, improved quality of deliverables, and lowered operating costs, with over 6,000 AP invoices being processed a month for the last seven years.

Get in touch

Giles Mullins
Giles Mullins
UK Head of Financial Accounting Advisory...
Milton Keynes
View full profile

    Read our related insights, reports and more

    View more
    Accountant image
    Article New accounting rules could impact financial covenants for mid-market
    Proposed new accounting rules could impact covenant compliance and perceptions of indebtedness
    Christopher McLean
    Jon Bramwell
    Pinkesh Patel
    | 6 min read | 22 May 2024
    voting picture
    Article What does the CSDDD mean for the UK?
    UK companies need to understand how the EU's proposed CSDDD could impact them or any in-scope suppliers.
    6 min read | 24 Apr 2024
    Sustainability picture
    Article Sustainability: From compliance to value creation
    A materiality assessment can help you deliver your sustainability reporting requirements and add value to your business.
    Scott Wilson
    Scott Wilson
    | 4 min read | 15 Apr 2024
      View more