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Business Risk Services
Our Business Risk Services team deliver practical and pragmatic solutions that support clients in growing and protecting the inherent value of their businesses.
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Corporate Finance and Deal Advisory
We offer a dedicated team of experienced individuals with a focus on successfully executing transactions for corporates and financial institutions. We offer an integrated approach, with our corporate finance specialists working seamlessly with tax and other specialists to ensure that every angle is covered.
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Economic Advisory
Our all-island Economics Advisory team combines expertise in economics and business with a wealth of experience across the public and private sectors.
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Forensic Accounting
We have a different way of doing business by delivering real insight through a combination of technical rigour, commercial experience and intuitive judgment. We take pride in delivering responsive and tailored solutions to all our clients, capitalising on the wealth of experience housed within our Belfast and wider Forensics team
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People and Change Consulting
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.
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Restructuring
We work with a wide variety of clients and stakeholders such as high street banks, private equity funds, directors, government agencies and creditors to implement solutions which provide the best possible outcomes.
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Technology Consulting
Motivating and assisting our clients to pursue, maintain and secure the benefits of digital solutions is at the core of our Digital Transformation teams' agenda and goals. We work with business leaders to deliver efficient digital strategies and operating models that provide new or enhanced capabilities.
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Corporate and International Tax
Northern Ireland businesses face further challenges as they operate in the only part of the UK that has a land border with a country offering a lower tax rate.
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Employer Solutions
Our team specialises in remuneration and incentive planning and works closely with employers, shareholders and employees to ensure that business strategies are aligned and goals achieved in the most tax efficient, cost-effective manner.
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Entrepreneur and Private Client Taxes
Our team of experienced advisors are on hand to guide you through any decision or transaction ranging from the establishment of new business ventures, to realising value on exit, to succession planning and providing for loved ones.
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Global Mobility Services
Grant Thornton Ireland offer a different approach to managing global mobility. We have brought together specialists from our tax, global payroll, people and change and financial accounting teams across Ireland and Northern Ireland, while drawing on the knowledge and insights of our global network of over 143 offices of mobility professionals to provide you with a holistic approach to managing global mobility.
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Outsourced Payroll
Our outsourced service provides valued service to over 150 separate PAYE schemes. These ranging from 1 to 1000 employees, working for micro, SME and global employers. The service is supported by the integrated network of tax and global mobility teams and the wider Grant Thornton network delivering a seamless service. Experienced staff deliver a personal service built around your business needs.
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Tax Disputes and Investigations
Our Tax Disputes and Investigation team is made up of tax experts and former HMRC investigators who have years of experience in dealing with a variety of tax investigations. Our expertise and insight can guide you through all interactions, keeping your cost at a minimum while allowing you to continue with the day to day running of your business.
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VAT and Indirect Taxes
At Grant Thornton (NI) LLP, our team helps Northern Ireland businesses manage their UK and global indirect tax risks which, as transactional taxes, can quickly become big liabilities.
It is impossible to tackle that task without properly considering the impact that technology will have on both the business and on HR.
Technological advancements continue to impact all areas of our lives and work, and the pace of change is likely to be exponential in the coming years. Technologies such as artificial intelligence (AI) and machine learning are revolutionising business processes, and HR is no exception.
So, what are the areas of HR practice that are likely to be affected and what does this mean for businesses, HR functions and for the profession?
Firstly, there is a clear opportunity for technology to automate “transactional” HR work. HR systems can automate tasks such as data entry and analysis, benefits administration, and payroll.
Chatbots can interact with both employees and line managers to answer straightforward queries in areas such as benefits and leave entitlements, and machine learning means that the complexity of the queries that they can deal with will grow with “experience”.
This automation can also significantly improve the HR service user experience through improved speed and accuracy of the processing of these mundane tasks.
Recruitment and selection is another area where there are clear opportunities for technology to revolutionise practices. AI and machine learning algorithms can help identify and screen candidates based on skills, experience, and cultural fit.
AI-powered recruitment tools can analyse candidate CVs and social media profiles to identify matches for job vacancies. This can help organisations identify top talent more efficiently, reduce the time and cost of recruitment, and improve the reliability of selection decisions.
Literally every phase of the employee lifecycle is ripe with opportunities for technology to enhance and revolutionise HR practice.
The case, therefore, for HR to embrace technology in this way appears to be compelling. By automating transactional tasks, HR professionals can free up time to focus on more strategic and value-added activities, such as talent management and employee engagement.
This opportunity aligns closely with the vision for the future of HR that Dave Ulrich created in the 1990s, and the evolution of his thinking continues to shape best practice HR operating models. Technology appears to offer a generational opportunity to transform HR in line with Ulrich’s vision.
But what does this mean for the HR profession? Clearly, technological developments create exciting opportunities for HR professionals to add significant value to the organisations they work for and the employees and line managers they support.
However, the profession appears not yet to have grasped the implications for those entering the profession in the future. How do future HR graduates “cut their teeth” and gain the experience necessary to add value strategically if those entry level experiential roles have been replaced by the bots?
The opportunities in all of this are clear, but there is still thinking to be done on defining future HR career journeys.
People and Change Consulting
We help clients adapt to the changing nature of the workforce. Contact our team today and discover how you can attract and retain the best talent in this rapidly changing world of work.