Online Accounting in Finland
Summary: Electronic financial management and online accounting in Finland. Services and software which allow paperless, real-time e-bookkeeping and e-accounting. Finns are leaders in electronic financial administration!
Introduction
Finland is a world leader in electronic financial management, also known as electronic financial administration - sähköinen taloushallinto in Finnish. Introduced primarily as e-invoicing in tech-savvy Finland well over a decade ago, development of online accounting and online bookkeeping systems and services has accelerated rapidly and the scope is increasingly broad. Electronic financial administration is now the norm for enterprises of all sizes, and there is rarely if ever a need for paper documentation.
What Is Electronic Financial Administration?
Today electronic financial administration is available for a wide array of accounting and financial management tasks and processes. Online tools are available for desktop and mobile devices, and can be used for ex. sales invoicing, receiving of invoices, notifications to Finnish authorities, and automation of accounting tasks such as creation of reports and processing of claims.
The main benefits of electronic financial administration include speed and efficiency, real-time control of financial management, and the ability for performance anywhere, any time. Instant access to data and information enhances decision-making. Potentially, savings can be made and gains maximised. Furthermore, being paperless, online accounting reduces your organisation's carbon footprint.
Services
The firms below are leaders in the field of electronic financial management in Finland. All offer service in English+.
Systems and Services in Finland
Digitase
Specialists in environmentally friendly, highly automated online accounting. Digitase offers services designed to be cost-effective and particularly suitable for micro entrepreneurs, start-up entrepreneurs, sole traders and small business owners. Digitase's DigiBalance AutoAccount service includes bookkeeping, VAT reports, annual closing and tax returns - all you need to do is
- Pay purchase invoices using online business banking or a business debit card
- Report your monthly sales via the AutoAccount website or DigibalanceApp
- Archive the invoices
A consulting service is available to help with questions about entrepreneurship and financial management.
AutoAccount starts at €40 per month, and is efficient, cost-effective and environmentally friendly. Originally launched in Finland, AutoAccount is also available in the UK, Estonia and France. The accounting application DigibalanceApp provides a smart and simple way to manage and follow your business financials.
Offices in Helsinki, Turku, Kauhava and Tallinn.
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Rantalainen Accounting Services Ltd
Founded in 1972, Rantalainen is a full-service authorised accounting group which has focused on electronic financial administration from its outset. They are innovators in real-time support, offering a comprehensive range of software backed by personal service to enable immediate, discerning time-critical decision making.
Rantalainen also provides a full range of accounting, tax, payroll and auditing services, as well as expert services including consultancy, counselling, industry expertise and startup services. Over 60 locations and over 1,100 experts in Finland, with 80+ partners world-wide. Services available in Finnish, English, Swedish, Russian, German, Estonian, French and Spanish - please ask about other languages. International Services cover the whole of Finland, with offices for example in Helsinki City Centre and by Helsinki Airport.
Jasecon Oy
Boutique firm specializing in permanent establishments, branches and serving the expat community. Over 25 years' experience serving clients from international public companies to domestic microbusinesses. Completely paperless e-solutions are available, as well as hybrid solutions or traditional paper-based accounting. Comprehensive accounting, financial reporting, payroll, company formation, consulting, administration, controlling, and audit and legal services. Jasecon's Start-Up service offers new clients an all-inclusive Finnish company formation or international company registration package. Head office in Vantaa. Services are available in English, Finnish, Estonian, German and Italian.
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Azets
Azets' philosophy is to integrate, simplify and streamline customers' financial processes, and turn them into a competitive advantage with efficient accounting, payroll, taxation and reporting procedures. Azets' electronic financial administration solutions allow your business to pull systems and processes together to manage financials, sales, service, and operations, as well as connect with 3rd party applications like banking, CRM, or industry-specific systems - all backed by Azets' professional support.
Azets is available digitally and at your door, with company formation, accounting, tax, audit, advisory and business services. Azets can handle all or any part of your business processes and financial management in Finland.
UHY TietoAkseli
Pioneers in financial administration for 30 years, TietoAkseli's electronic financial management solutions provide fast, user-friendly and cost-effective online control of your company’s finances. At the forefront of Enterprise Resource Planning - ERP - TietoAkseli utilises software such as ValueFrame, Procountor, Lemonsoft and Mepco.
An authorised accounting firm, TietoAkseli's services include accounting, payroll, reporting, and financial management. Expert services include tax and corporate law, auditing, corporate finance, controller services, and acquisitions. Key expertise for international companies operating in Finland, and Finnish companies operating in a global environment.
TietoAkseli has offices in Helsinki, Tampere, Turku, Lahti, Ikaalinen, Jyväskylä, Mikkeli, Oulu, Pieksämäki, Kouvola, Hamina and Savonlinna, and is a member of the leading network of independent accounting firms and financial administration experts, UHY, with offices in 330 business centres in over 100 countries across all continents.
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