As businesses expand they tend to adopt more emerging technologies and automation in an attempt to reduce costs and improve profitability. Addressing IT risk, alongside managing sizeable IT transformation agendas and balancing commercial recovery and growth is not easy.
Our Business Risk Services team gives you the assurance that you need, as your business continues to expand. We deliver practical and pragmatic risk management solutions that support clients’ in growing and protecting the inherent value of their businesses.
Regardless of how your risk management needs manifest we can help you navigate, manage and exploit risk for the tangible benefit of your business.
Going
global
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Governance risk
and control
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Managing people in a time of change presents challenges to organisations of every type.
Natural resistance to change must be managed and overcome at the same time as people are supported to develop and acquire the new skills necessary to thrive and prosper in the new digital world.
The Grant Thornton People & Change Consulting practice works with clients on these issues as well as on all aspects of how they attract, retain, engage develop, deploy and lead their people.
Our team is made up of partners, directors and managers drawn from a broad spectrum of backgrounds including accountancy, occupational psychology, international business, HR, and operations.
People
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Grant Thornton Ireland has a team of over 200 tax professionals providing advice to a diverse range of clients, including sole traders, small and medium sized businesses, high net worth individuals, trusts, partnerships, large corporates and listed companies.
We provide a dedicated, partner led approach to both advisory and compliance work. Grant Thornton works with companies who are looking to expand their operations and access global markets by drawing on our significant expertise and international network.
As an all-island practice in Ireland, Grant Thornton can provide specialist advice across both jurisdictions (Republic of Ireland and United Kingdom).
Tax
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Maintaining high standards of corporate governance is critically important to every business. This has been highlighted by a number of events which have achieved public notoriety in recent years.
Every company from the smallest to the largest has a range of obligations which must be met. Statutory registers have to be maintained, they must comply with filing obligations under the Companies Acts, changes of directors have to be notified, all have to be recorded and with relevant board decisions minuted.
The increasing burden and complexity of the legislation and regulatory framework governing companies coupled with associated costs means many organisations are choosing to outsource this vitally important function.
Entity establishment
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Utilising new technologies can save your business money and help grow revenues, but implementing and maintaining them can end up costing more.
The IT Business Consulting team helps clients leverage technology, and the people and processes surrounding technology, in order to achieve their goals.
The team achieves this through four sets of services: strategic advisory, IT implementation advisory, IT implementation services and IT support service.
Technology
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Stakeholders and those charged with governance are now more than ever placing huge reliance on a robust and risk focused audit. Their organisations are contending with a dynamic, uncertain and complex world where the pace of change continues to accelerate.
In these circumstances, audit can no longer be a purely confirmatory process to verify the current state of affairs. It must add value by delivering key insights which can be used to take the business forward.
We leverage the unique human capabilities of our audit team with the power of technologies such as artificial intelligence and advanced data analytics to deliver a best in class audit experience.
Audit
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Approaching modernisation in an ad hoc fashion results in a fragmented approach to enterprise applications and ERP.
Organisations that have not modernised their mindsets and practices to support and manage a hybrid portfolio have little to offer their business stakeholders.
Application leaders must decide whether to upgrade existing ERP suites, invest in next-gen ERP solutions or continue with their existing assets.
Meanwhile, ERP vendors are heavily investing in next-gen suites designed for greater flexibility, agility and upgradability. These suites offer embedded AI, improved data management, and robust digital business and integration platforms.
Application strategy
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Enterprise applications (ERPs, Finance systems, HCM systems, EPM tools) provide a foundation for digital transformation.
However, the road to selecting the right solutions from the right vendors is a challenging one.
Evaluating and selecting ERP vendors is time-consuming and difficult. An RFP supports the organisation’s selection of applications to meet its ERP scope, so its importance must not be underestimated.
Application selection
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IT vendors have scripted and expected outcomes for your deal. Securing deal outcomes different from the scripted ones requires convincing your sales team and others within the vendor organisation that doing the deal differently is better for them than the scripted outcome they expected.
Vendor proposals are often received with bundled or complex pricing metrics that lack cost transparency and sufficient details for an accurate total cost of ownership (TCO) analysis. Business leaders can facilitate an accurate and total cost impact analysis by engaging key stakeholders to ask the appropriate acquisition-specific questions to analyse the right costs.
Contracting with confidence
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Sparked by cloud adoption and emerging technologies, a new era for Enterprise Applications has arrived.
Business leads are right to be excited by the opportunity; this technology can help drive your business to new heights of customer engagement, data-driven insight and operational performance. But, for all its capabilities, the technology won’t do that on its own.
This new era requires business leaders to develop a proactive ERP strategy that fuels growth and improves profitability, while managing risk and cost. There is an ever-growing need for businesses leads to change their business- or function-wide operating models to get the best from the new technology.
Business integration
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Project management
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Project review. Project Rescue
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Most organisations have shifted away from an on-premises-only application portfolio, and are now introducing cloud-based applications — often from multiple vendors.
These cloud-based applications can provide unique advantages — for example, for analytics, collaboration and computing performance.
The impact of cloud-based ERP affects the structure, roles and skill sets within an organisation.
Ongoing optimisation