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Go Global, we'll back you up with clarity.

Greenstep's operating model has been developed from the basis of international financial management process standards with growing companies in mind. Supporting globalizing companies is close to our hearts.

Let's go!

Go Global - expanding abroad effortlessly with one partner

We offer scalable, high-quality financial administration services to support your global growth. Our operating model has been developed from the basis of international financial management process standards with growing companies in mind.

We are familiar with the unique needs of globalizing companies, which is why our service model is designed to deliver the most efficient and value-added service to the client, balancing the local and the centralized services.

An experienced financial partner allows you the freedom to focus on your core business while we take care of the rest. Working together is always quick and efficient, ensuring that you will never miss an opportunity or waste your time. Are you ready to go?

    Our Go Global customer stories

    Our cooperation started from installing the ERP-system, and it continued with improving the logistics of the operation, task management, and storage operations. We founded new companies in Germany, the UK, and the USA, and we had to integrate them into the same group. Greenstep has been a great partner because they have provided us with expertise to scope and execute our processes. Whether our needs have been financial or operational, they have been able to integrate everything within our ERP.

    Kyrö

    As we expanded to other countries and implemented new subsidiaries, we of course wanted one system that holds all the financial operations for us, but in the same time we wanted a partner that can support us in the growth. So in 2017, we started moving our bookkeeping to Greenstep and at the same time started to implement the leading ERP on the market, NetSuite, with Greenstep. Greenstep is a unique company in a field that they can serve the technical needs of us and then they also have the bookkeeping know-how. And the quality has been great!

    HappyOrNot

    Greenstep provides our bookkeeping and payroll services as well as the ERP maintenance and participate in developing the ERP. Greenstep was really helpful in helping us to choose the right processes and also to customize NetSuite to our needs. We've been especially impressed by the agility and speed – of the delivery of the services. We couldn't have grown as fast as we have without their help!

    Oura

    Greenstep as your one partner - We got you!

    One Touch service model 900 x 900 px transparent

    Knowledge

    We are perfectly positioned to make BIG impact on the financial industry though technology. We have the expertise, network, customers, technology and funds.

    One Touch service model 900 x 900 px transparent

    Stable growth

    Greenstep’sorganic growth and profitable performance enables us to stay stable and focus on investing in the development of our operations.

    One Touch service model 900 x 900 px transparent

    Experience

    70% of customers have been recommended to us by current customers. You want to go global, and you want to work with the best partner for you − We got you! 

    One Touch service model 900 x 900 px

    Greenstep's Go Global One Touch model

    We recognize that some countries are more important to our customers than others. Therefore, we offer tailored service solutions to provide the most value to our customers and take into account all local requirements and possible language challenges your subsidiaries might face.

    With our One Touch model, we offer you a tailored solution that you can optimize exactly to your needs. With the help of MSI Global Alliance, we can take care of your financial services and help the cross-country coordination to be as smooth as possible.

    Where are you heading to?

    Ready to go global?

    1. Do your financial processes support departure?

      First, a company aiming abroad should choose a model that best fits its current and future businesses in its target markets and countries. Therefore, it is essential to plan, for example, what kind of group structure is suitable for both its business and expansion plans. When internationalization is approached through acquisitions, the acquisition process must always be thoroughly planned out, from screening properties to integration. The valuations and the Due Diligence assignments of companies internationalizing by acquisitions should be executed carefully. Having a partner with experience in internationalization and the preparation of acquisitions often improves the results. Our CFO and tax consultants will be happy to help your company plan the big steps.

      From the financial administration and accounting perspective, an important strategic choice is whether accounting is handled locally abroad or centrally in Finland. The accounting of foreign companies can be managed in the target country using a local financial partner from the MSI Global Alliance, or the accounting of the entire Group can be done centrally from Finland using Greenstep's “shared service center”. As our partner, you will access Greenstep's proactive team of financial experts and the teams of global experts from the MSI Global Network. While our MSI Global partners offer excellent local knowledge from their countries' financial regulations and practices, our team specializes in Group accounting and "the shared service center" to ensure that the financial administration is always as easy as possible for you.

      On the eve of internationalization, it is also good to consider introducing IFRS standards. Especially if you plan on enlisting, as reporting by IFRS standards is mandatory for listed companies. Voluntary reporting by IFRS standards should also be considered, for example, when there are or are intended to be international investors. The financial statements prepared by IFRS standards are designed to promote the international comparability of the companies' figures. An excellent way to start adopting IFRS is to apply IFRS 15 Revenue from Contracts with Customers early. We are happy to help introduce IFRS standards and enlisting planning.

    2. How to balance the local and global HR requirements?

      Going global requires solid HR skills by the organization. Whether a foreign company has been established or acquired, labor law issues of the target country need to be scrutinized. Especially in situations where workers are relocated abroad, harmonizing the terms of employment between new and old workers is a good idea. In these cases, the employment contracts and terms must be thoroughly reviewed to take due account of local labor law. Uniform employment contract bases are often created for international groups.

      Once the decision to internationalize has been made and the target market is clear, the company must find the best possible talent to run the business. Recruitment already needs work in the domestic market, so success abroad requires special attention. Successful international recruitment takes a lot of effort, utilizing networks, trusting your intuition, and a touch of luck. Read in our Notes article how Quuppa and Budbee have managed to tackle the problem of international recruitment.

      Finding a common language for an organization requires a strong culture. With help from an HR partner that understands your business practices, a common way of operating can be created within the company whether your office is located in Asia, Europe, or Kainuu. Our experience has shown that internal training is a great way to help employees internalize culture. That is why we have launched our own Greenstep Academy. Its purpose is to serve our employees to develop their skills while embedding a common operating culture. Greenstep Academy also helps our clients with topics related to internal training, from building paths to implementing the training.

    3. Are your systems compatible with the international markets?

      Whether a system or an outsourced service, scalability is the keyword of internationalization. Even an effective ERP system will not help if it cannot scale to the needs of an internationalizing company. They might even slow down the process. Besides, the system needs to adapt to the business, not the other way around. Our NetSuite team has helped numerous successful Finnish companies (e.g., HappyOrNot and Oura) to scale their businesses to the international markets. NetSuite is a cloud-based business management system tailored specifically to you to support your business's unique needs. Projects include evaluating and adapting entire financial processes to suit scalable operations.

      As your business expands, reporting should be in order from the very beginning to stay aware of all your activities. A transparent and adaptable reporting system helps the company follow its situation in real-time, thus enabling the development of operations with the help of data instead of a hunch. BI Book is a clear and visual reporting system that supports Group reporting. This way, you constantly stay aware of the situation of your entire company in the different markets.

    4. Grow sustainably.

      Internationalization and business expansion often mean extending the production chain and sourcing for manufacturing companies. It is important to identify the social and environmental risks associated with the supply chain - especially when operating in high-risk countries. Greenstep's experienced sustainability team can help you manage and develop sustainable procurement.

      A whistleblowing channel
      brings security to your business. Whistleblowing is an anonymous reporting channel for any social misconduct, regulated by an EU directive. The anonymous channel allows suspicious activities related to the company to be brought to the attention of the company. The channel is currently mandatory for all companies with more than 250 employees and will later also be mandatory for smaller companies with between 50 and 250 employees. Greenstep has developed a Whistleblowing service solution for reporting and handling misconduct.