Coronavirus in Finland: Impact on Services
Physical offices may be closed or restricted during the pandemic, with staff working remotely.
Services continue uninterrupted in many fields, via information technology.
Remote work has been common for years in Finland, positioning businesses well to work through COVID-19.
FAQs: Finnish Govt info on all aspects of Corona - events, meetings, business +
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!
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 over a decade ago, development of online accounting and online bookkeeping systems and services has accelerated rapidly in recent years and the scope is increasingly broad. If not already the norm it soon will be, for enterprises of all sizes.
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.
The firms below are leaders in the field of electronic financial management in Finland. All offer service in English+.
Systems and Services in Finland
Specialists in environmentally friendly, highly automated online accounting. Digibalance offers services designed to be cost-effective and particularly suitable for micro entrepreneurs, start-up entrepreneurs, sole traders and small business owners. Digibalance's AutoAccount service includes bookkeeping, VAT reports, annual closing and tax returns. A consulting service is available to help with questions about entrepreneurship and financial management. AutoAccount starts at €40 per month.
Originally launched in Finland, AutoAccount is designed to be efficient, cost-effective and environmentally friendly, and is also available in the UK, France, Estonia and Italy. The accounting application Digibalance App provides a smart and simple way to manage and follow your business financials. En, Fi
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 40 offices and over 850 employees 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.
Pioneers in digital financial administration for over 25 years, TietoAkseli's electronic financial management solutions provide quick, cost-effective control of your company’s finances via computer, smartphone or tablet.
An authorised accounting firm, TietoAkseli's services also include accounting, payroll, reporting and financial control. Expert services include taxation, auditing, controller services, company acquisitions, and employer obligations. Key expertise for Finnish subsidiaries of international companies and Finnish companies operating in a global environment. Offices in Helsinki, Jyväskylä, Tampere, Mikkeli, Pieksämäki and Ikaalinen. TietoAkseli is a member of global accountancy network UHY, operating in almost 100 countries. En, Fi
Over 25 years' experience serving clients from international public companies to domestic micro businesses. Completely paperless e-solutions are available, as well as hybrid solutions or traditional paper-based accounting. Jasecon offers comprehensive accounting, financial reporting, payroll, administration and controlling services. Jasecon's Start-Up service offers new clients an inclusive Finnish company formation package. Head office in Vantaa, Helsinki. Service is available in English, Finnish, Estonian, German and Italian.
Azets' main objective is to integrate, simplify and streamline customers' financial processes, turning them into a competitive advantage. They help implement efficient accounting, payroll, taxation and reporting procedures, with professional support and online tools to streamline and automate operations. All or part of your business processes and financial management can be handled by Azets, who also provide company registration and advisory services, and support group reporting, IFRS reporting and US GAAP reporting.
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