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The right financial information at the right time is important in Life Science so that these companies can present it to investors and the market. Listed companies also have specific rules and reporting times to follow.
“It’s more fun working with development and life science companies precisely because they are so interested in their numbers,” says Malin Wikstrand, an accounting consultant at Accountor.
Malin Wikstrand sits in the Lund Accountor office at Medicon Village Science Park. Accountor has had offices there since 2012 when Medicon Village was launched, today a network environment with 150 companies and organizations with a total of 2,200 employees. It is an interesting environment to be in and Accountor has research and innovation companies and life sciences here as clients. It’s inspiring to sit close to customers.
– It’s fun to meet, have a coffee or lunch and hear how things are going for your project. It’s a nice environment to sit in, says Malin Wikstrand.
EXTERNAL LINK: Learn more about Accountor’s collaboration with life sciences companies.
The listing makes more demands
Malin Wikstrand likes working with companies that have clear routines. Establishing routines and working completely digital is your everyday life. If companies are publicly traded, they have more requirements for their financial information and transparency.
– It’s fun to be part of that process, says Malin Wikstrand.
Streamline and professionalize
One company he works with, Pledpharma, was listed on Nasdaq last year.
– Since we started working with Accountor, we have gone from a very manual management of financial work to a completely digital work. In addition to the fact that digitization has simplified financial work, it also provides scalability. We can grow without any important extra work. Work also flows smoothly no matter where in the world we are, as we collaborate with Malin Wikstrand in Lund and Peter Einarsson, Senior Advisor at Accountor, in Stockholm, says Yilmaz Mahshid, PhD, CFO at Pledpharma. He continues:
– The transition to Nasdaq with IFRS reporting means that there should be good quality reporting and that we are more focused as we undergo reviews from many sectors. The processes and work in finance have been professionalized to a completely different level and Accountor has been part of that professionalization.
Fact account
Accountor is part of the Accountor Group, one of Northern Europe’s largest full service agencies in finance, payroll and human resources. Accountor helps companies to a more efficient economy and more efficient personnel processes.
In Sweden, they have 300 employees, of which 270 consultants in 8 locations. Accountor Group has more than 100 offices in seven countries: Sweden, Finland, Norway, Denmark, the Netherlands, Russia and Ukraine. They are driven by a passion to achieve results and strive for success together with their clients.
EXTERNAL LINK: Read more about Accountor here.