Our services
We act as an outsourced finance department for businesses and busy accounting firms.
Our Services
We provide specialised back office support and data-driven insights for SMEs, growing businesses and accounting firms.
FINANCIAL STRATEGY
Strategy is about shaping the future. Our data-driven approach provides a sound basis from which to build a high-performing business.
Financial Strategy
Strategy is about shaping the future. Whether you are a start-up, an established business or a large SME, we can help you find the right financial strategy for your business. Our data-driven approach provides a sound basis from which to build a high-performing business. Our focus is on helping you benchmark your business and put a robust financial framework in place to achieve your strategic goals. We will help you answer questions such as:
- Where do we want to go?
- How will we get there?
- How can we control our finances?
- How are we doing?
Our clients range from early stage businesses who need guidance on how to develop a concept to growing businesses scaling up operations for the next phase of their development and established businesses seeking help to solve internal business problems.
OUR FINANCIAL STRATEGY SERVICES INCLUDE
Business and resource planning
Risk analysis
Data analysis and insight
Budgeting and forecasting
Benchmarking
Management accounting and reports
Depending on what stage your business is at, you may choose to work with us on a short, interim, or longer term basis.
Management Accounts & Reports
Our experienced team can provide consistent, reliable management accounts, reports and insight, freeing you to concentrate on the revenue-generating aspects of your business.
Management Accounting & Reports
Our experienced team can provide consistent, reliable management accounts, reports and insight, freeing you to concentrate on the revenue-generating aspects of your business. Despite recognising the importance of timely, accurate financial data, many growing businesses struggle to keep on top of their back office administration. Outsourcing your management accounting to our team will give you confidence that your business decisions are based on sound financial data.
OUR MANAGEMENT ACCOUNTING SERVICES INCLUDE
- Data analysis and insight
- Benchmarking
- Managing your pipeline
- Monitoring conversion rates
- Monthly bookkeeping
- Management accounts
- Management financial reports
- Monthly review meetings
- Fund raising
- Finance team building
- Working capital management
We can also provide bespoke management accounting services tailored to the unique needs of your business
CashFlow
Without access to cash, you will not be able to achieve your business objectives. We will help you build a strong discipline around cashflow management.
Cashflow
Without access to cash, you will not be able to achieve your business objectives. We will help you build a strong discipline around cashflow management. Our team will monitor, analyse and help you to optimise your cash management processes and ensure that you have timely, accurate data at your fingertips when you are making business decisions.
OUR CASHFLOW SERVICES INCLUDE
- Risk analysis
- Sales pipeline / income monitoring
- Expenditure monitoring
- Projections
- Business planning
- Working capital management
We can also provide bespoke services tailored to the unique needs of your business.
Bookkeeping
We can process all of your day-to-day accounting documentation and ensure that you have real-time, accurate information at your fingertips when you need it.
Bookkeeping
We can process all of your day-to-day accounting documentation and ensure that you have real-time, accurate information at your fingertips when you need it. We understand that as your business grows there are many different demands on your time which can make it difficult to keep up with your bookkeeping. However, unless you know how your business is performing day to day, you cannot make decisions on sound financial basis. Our experienced team will ensure your records are up to date and that you have 24/7 access to timely, accurate data.
OUR BOOKKEEPING SERVICES INCLUDE
- Record keeping
- Data entry of sales, purchases
- Bank reconciliations
- VAT reconciliation
- Tax compliance
- Aged debtors listing
- Aged creditors listing
- Fixed asset register
We can also provide bespoke services tailored to your specific needs.
Payroll
Our Dublin-based team provides high-quality, reliable payroll administration services for a broad range of businesses, from large SMEs to entrepreneurial start-ups.
Payroll
Our Dublin-based team provides high-quality, reliable payroll administration services for a broad range of businesses, from large SMEs to entrepreneurial start-ups. As well as providing day-to-day back office support, we offer specialist expertise to make it easier for you to keep up to date with changing legislative requirements. For many businesses, outsourcing payroll is a sound business decision as it achieves reliable continuity of service and can reduce the costs normally associated with this specialist function.
OUR PAYROLL SERVICES INCLUDE
- Gross to net calculation
- Employee payment
- Legislative compliance
- General ledger journals and interface
- PAYE modernisation support
- Helpdesk support for your ad hoc queries and requests
We can also provide bespoke payroll services tailored to your specific requirements.
Business analysis
We can help you identify opportunities and risks, benchmark your business against your competitors, analyse your plans and ensure that your growth strategy is financially sound.
BUSINESS ANALYSIS
We can help you identify opportunities and risks, benchmark your business against your competitors, analyse your plans and ensure that your growth strategy is financially sound. We provide a range of business analysis services covering everything from basic efficiency checks to benchmarking, risk and financial compliance.
OUR BUSINESS ANALYSIS SERVICE COVERS
- Profit & Loss
- Balance Sheet
- Cash flow
- Aged debtors/creditors
- Business plans and projections
- Benchmarking
- Risk analysis
- Management accounting and reports
- Data analysis and insights
We can also provide bespoke business and risk analysis services. Please feel free to get in touch for a ‘no obligation’ chat to find out more about what we do and how we can help your business.
Efficiency enhancement
When processes are not efficient, they cost your business time and money. Our team takes a data-driven approach to help you enhance efficiency and keep pace with your competitors
Efficiency Enhancement
When processes are not efficient, they cost your business time and money. Our team takes a data-driven approach to help you enhance efficiency and keep pace with your competitors.
OUR EFFICIENCY ENHANCEMENT SERVICES INCLUDE
- Business analysis
- Data-driven insight
- Operational structure enhancement
- Implementation
- Post-implementation
We also provide specialist back office support and payroll services which can reduce costs for some businesses. Contact us for a ‘no obligation’ chat about how we can help your business enhance efficiency.
Fund raising
The ability to source funding is vital for growing businesses. We will make sure the numbers add up in your business plan.
FUND RAISING
The ability to source funding is vital for growing businesses. We will make sure the numbers in your business plan add up. Our data-driven approach helps give investors confidence that you have a sound financial basis underpinning your business strategy.
OUR FUND RAISING SERVICES INCLUDE
- Business analysis
- Advice on grants, loans and funding sources
- Projections
- Budgets and forecasting
- Scheduling and timeframe
Contact us for an informal chat and more information on how we can help you source funds for your growing business.
Resource planning
Our objective is to help you turn your strategic plans into an achievable business plan by setting realistic goals and making the best use of your financial and non-financial resources.
RESOURCE PLANNING
Our objective is to help you turn your strategic plans into an achievable business plan by setting realistic goals and making the best use of your financial and non-financial resources. We aim to ensure you develop data-driven, financially sound plans that are supported by effective processes aligned to your business strategy.
OUR RESOURCE PLANNING SERVICES INCLUDE
- Business analysis
- Projections
- Budgets and forecasting
- Scheduling and timeframe
We can also provide bespoke resource planning services tailored to your specific requirements.
Team building
If you do not yet have a CFO or Finance Director but need C-level financial expertise, we can help you develop a sound financial basis from which to achieve your business objectives.
TEAM BUILDING
Hiring the right finance talent and getting teams to work well together is often a challenge for growing businesses. We can help you identify the financial expertise you need. We will also advise on how to select the right people to drive your business forward.
OUR TEAM BUILDING SERVICES INCLUDE
- Business analysis
- Resource planning
- Budgeting and forecasting
- Projections
- Payroll administration
If your business needs financial expertise but is not yet ready to build an in-house finance team, we can provide bespoke interim and contract finance services.
Contract CFO service
The ability to source funding is vital for growing businesses. We will make sure the numbers add up in your business plan.
CONTRACT CFO SERVICE
If you do not yet have a CFO or Finance Director but need C-level financial expertise, we can help you develop a sound financial basis from which to achieve your business objectives. Our Contract CFO service focuses on helping you to mature your company’s business model by setting realistic goals and ensuring you stay on course to hit your targets. Our clients for this service range from early stage businesses who are not yet ready to hire a Chief Financial Officer or Finance Director to established businesses who require an interim CFO to manage a short-term project or overcome an internal difficulty.
OUR CONTRACT CFO SERVICES INCLUDE
- Managing all the duties of a traditional CFO
- Monitoring the financial health of the business
- Financial insight and direction on decisions and challenges
- Streamlining back-office financial functions
- Working on new product/service development
- Budgeting and forecasting
We can also provide bespoke financial management and strategy services tailored to the unique needs of your business.
We can also provide bespoke services tailored to the unique needs of your business.
Our Customers
We provide specialist back office support for growth-focused businesses and professional services firms. Our clients include:
Technology businesses.Our clients in the technology sector range from start-ups to large multinationals. We provide financial insight and direction to help these clients stay on course to achieve their objectives in a rapidly changing environment.
Accounting firms.We provide interim back office support during busy and/or rapid growth periods for our clients in the accounting sector. We also provide specialist services such as payroll as well as data analysis, insight and bespoke reports.
Companies with annual turnover >€500,000.We provide back office administration and financial expertise for these clients. Our focus is on establishing a sound financial framework from which to build high-performance, data-driven businesses.
We also support companies in many other sectors. Our client list includes:
Tech companies
Prop Tech
Construction
Media and Marketing
Medical device firms
Professional services
Retail and consumers
Accounting Firms
Our Integrated Approach
About us
GroForth is an Irish company providing specialist back office support and data-driven insight for growth-focused businesses.
Based in Blackrock, Co Dublin, GroForth has built up an experienced team that includes qualified accountants and tax professionals. We specialise in providing data-driven, high-quality back office financial and payroll support services for clients, with a particular focus on bespoke services for growing businesses, technology companies and accounting firms.
Our team is led by GroForth founder and CEO Sarah Daly who is a fellow of the Association of Chartered Certified Accountants and holds a Tax Technician qualification (TMITI) from the Irish Taxation Institute. Sarah has many years’ experience in public practice and in industry and is a firm believer that GroForth’s continued success depends on the success of our clients.
If you are a growing business, we would love to work with you. Contact us for an informal ‘no obligation’ chat to find out more about what we do and how we can help your company.
