The European Accountancy Market: Trust, Progress and Outsourcing

High-Tech Accounting

And it is with this mission in mind that we operate at “Added Value”. Our raison d’etre is to liberate the creative minds of our clients, and to enhance their sense of control by managing and arranging our clients’ business data in the most informative and accessible fashion. We position our services as high-tech accounting, for it is only through unceasing investment in state-of-the-art accounting systems that we can make our clients happy in the atmosphere of increasing business complexity and growing demand for quality data.

Developing along this way, we soon found ourselves pondering about cooperation with accounting professionals in more developed markets, who can outsource some of their workload to a reliable and progressive partner who operates in a cost-effective region and offers smooth adaptation to all state-of-the-art accountancy systems. This is the rational way to go for all parties involved. And the crucial element in the equation is trust.      

Building Trust

In financial and accounting services, offshore outsourcing has always seemed as dangerous as it was tempting. The telecommunication and computing revolutions of the 1990’s transformed countries like India into havens for IT-related outsourcing. For accounting professionals, however, there was often too much at stake when it came to offshoring the (carefully built) trust of a client, and sharing the client’s core business data with a remote and alien third party. Poor performance, vendor opportunism, financial crime and data leaks were genuine risks. They still are.

The European Union, however, presented a different model of market integration, a model founded in the culture of mutual trust, as well as economic efficiency. It is in this context that Lithuania’s national progress strategy “Lithuania 2030” was launched a couple of years ago, positioning the country as a regional centre of innovations and high-value services. And while political manifestos deserve a dose of skepticism from the pragmatically minded business people, “Added Value” is proud to be at the forefront of the vision.

We believe in progress, trust, specialization and technology-powered efficiency. We also believe in the mutual values resulting from outsourcing and market integration. Therefore, we would like to invite accountancy and auditing companies from across Europe to explore those values together with us.

Added Value is a licensed audit and accounting company, a proud member of the global association "Integra International". Our work is based on the principle of permanent progress. Added Value customers are guaranteed that their finances are, and will be, handled with top-of-the-line accounting technology. Less work, more control. In all of Europe.

Added Value – Freedom in Progress