There are 1 Companies in Sweden
that provide Bookkeeping Services!

While the European IT market has its own business, rules, and environment, the North-European countries seem to set a competition within the region that’s different from what we see regularly. In this system, Sweden plays probably the biggest role. Out of all Nordic countries - Denmark, Finland, Norway, Sweden, the last one has a 41% market share in the regional IT sector, due to the considerable number of companies that invest in IT. 

And going digital was no mistake for Sweden, as companies like IKEA, Skype, Spotify, Utorrent, Ericsson, and several others are global brands and titans of the old web. 

Why you should work with Swedish companies

But the old web is not the same, and the times have changed in the favor of most flexible and fast-adapting IT companies. In 2020, people are still chatting via Skype, listen to music in Spotify, and make use of Peer To Peer systems like Utorrent is. 

However, Sweden’s IT market is far beyond these companies, and right now 12,000+ IT companies and web agencies from Sweden are performing high-quality digital services for both internal market and foreign companies that seek a digital transformation of their business. 

In other words, Swedish companies can offer the entire spectrum of IT services for good quality and excellent project management. The main task remains to find one that fits your business best. 

What you should be aware of when working with Swedish IT companies

The sector of services, and especially the IT branch has become more expensive all over the world. Sweden is not an exception, but considering that the prices in Sweden are already higher compared to the rest of the European countries, possible you may face financial difficulties to cover the comfort of services Swedish IT companies and web agencies provide. 

But on the other hand, you may save time working with Swedish companies, since they are known for its time-efficient services. 

How reliable are Swedish IT companies

In the North-European countries, on-time delivery is a standard. This standard is also available for the IT industry and the service range it covers. Swedish companies are certainly among the most reliable in the world. But, what potential clients should be aware of in this case, is experience, service range, number of professionals, and focus area. 

To put it in another way, if a company has a focus on developing apps, it will do on a lower level other types of IT services. This is why we encourage studying and have a look at a company’s portfolio and do research about how many projects and what types of services the company provided lately. 

You can find detailed information about each company on their profile page here on Tech Behemoths, or, you can visit directly their website. 

How does the Swedish IT industry relate to the neighboring countries

Looking back at the top, we mentioned that 41% of the entire Nordic IT market is covered by Sweden. At least this is what Business Sweden website reveals. 

Compared to Norway and Denmark, Sweden spends twice as much in developing businesses on the web level.  In 2019 only, Sweden invested more than 20 bn Euros in this direction, while Denmark and Norway put 12 and respectively 8 bn Euros in the same field. 

Nonetheless, all Nordic countries benefit from a strong IT industry and a well-established infrastructure ready to support the IT sector in the development process and attract new clients on their sides.  But so far Sweden managed to reach the level of the most attractive IT hub in the region. 

All in all, in Sweden you can find almost everything you need for your web or application development, marketing, design, and anything in between. The real challenge still remains to choose the best partners based on criteria you consider the most important.  

Bookkeeping is the process used to record the financial transactions of a company. These services involve tracking how much money enters and exit a firm, such as payments from clients and payments to vendors. 

Did you know that bookkeeping accuracy is critical for company success? According to research conducted by a U.S. bank, 82% of small businesses fail owing to a lack of understanding and management of cash flow, highlighting the need for competent accounting.

Fact about Bookkeeping 

The profession of bookkeeping can be traced back to the 15th century when Italian mathematician Frater Luca Pacioli, known as the father of modern bookkeeping, introduced concepts like double-entry bookkeeping and other accounting systems that are still in use today.

Bookkeeping for every form of business requires various components and stages: 

• Documenting transactions

• Managing debits and credits 

• Processing payments and invoices

• Preparing financial statements (Income Statement, Balance Sheet, Cash Flow Statement, Statement of Owner’s Equity)

• Maintaining general ledgers

Bookkeeping offers the following benefits:

• Increased budgeting

• Simplified tax filing

• Ensuring IRS compliance

• Understanding seasonal business changes

• Monitoring financial metrics (revenue, costs, profitability, etc.)

• Gaining more operational time

How To Find a Bookkeeper

Bookkeepers manage a company's financial accounts, ensuring they are accurate and simple to understand. Their job is critical to the effective operation of a company, which might have many transactions in a single day, or over a week, month, fiscal quarter, or year.

At the moment, TechBehemoths has 25 Bookkeeping service providers. Choose a suitable provider based on their location, reviews, portfolio and hourly rate. Apply our platform filters, get in touch with them and create a contract outlining deadlines, rates, and expectations to ensure everyone is on the same page.

Also, you can submit your project, and we will select companies based on the project description, deadline, budget, and technical speciality for accurate matching.