Finateo's shared services center in Tetovo, North Macedonia can run ongoing finance operations for our clients — project controlling, accounting, accounts payable, accounts receivable and adjacent functions. Nearshore economics, advisory-grade design and full transparency through your client portal — and always your choice to take up.
Every transformation, integration or automation project ends with the same question: who runs this now? Hiring can often be slow and expensive. Offshore outsourcing trades cost for distance, time zones and quality surprises. Keeping it in-house means the transformation's savings never quite materialise.
Our answer is a dedicated nearshore team, two hours from most European capitals, in the same time zone, working in your systems under processes we designed together. The advisor who scoped your operating model and the team executing your payment run answer to the same firm — and to you.
That continuity is the point. Recommendations stay honest when the firm making them has to live with the operational consequences.
Budget tracking, forecasting, project P&L, variance analysis and steering-ready reporting for project-driven businesses — engineering, construction, professional services and PE portfolio initiatives.
Bookkeeping, month-end close, statutory and group reporting, fixed assets and intercompany — delivered to your group calendar, in your ERP, audit-ready by design.
Invoice capture and processing, approval workflows, payment-run preparation, vendor master data and supplier query handling — with automation doing the volume and people handling the exceptions.
Customer invoicing, cash application, ageing monitoring, structured collections and dispute coordination — protecting working capital without straining customer relationships.
Reconciliations, master data management, compliance calendar support, management reporting packs and ad-hoc analysis — the connective tissue around the core processes, scoped to what your setup needs.
We document the processes in scope, define service levels, agree the operating calendar and design the controls — the same care we bring to advisory, applied to running the work.
We learn your processes, run them in parallel with your team, and take over only once you're satisfied it works. Your named counterpart team is staffed and trained on your systems before go-live.
First closes under close supervision, weekly governance calls, rapid issue resolution — until the service runs reliably to the agreed service-level agreement (SLA), steadily and predictably.
Steady-state delivery with monthly service reviews, KPI reporting and a continuous-improvement backlog — including new automation as it pays off.
Trust in an outsourcing relationship is built on visibility — knowing what's happening, and when. That's the principle we built around. Every client engagement runs through the Finateo client portal, where you see your current commitments, milestone status and a live log of actions taken by your counterpart team in Tetovo — who did what, when, on which process.
North Macedonia combines EU-aligned regulation, a strong pipeline of finance and accounting graduates, high English proficiency among young professionals, CET time zone and operating costs 40–60% below Western Europe. Tetovo — a university city a short drive from Skopje and its international airport — gives us access to that talent pool without capital-city salary pressure. And for us it isn't a pin on a sourcing map: we run our own operation there, backed by a broad professional network across the region — especially in finance — built over years.
Why North Macedonia — the full pictureA scoping conversation and a high-level business case are free. The numbers usually speak for themselves.