Tretor, Pictet to build accounting partner for Swiss SMEs

Core Viewpoint - Swiss accounting services company Tretor has partnered with Pictet Alternative Advisors to create an accounting services group aimed at supporting small and medium-sized enterprises (SMEs) across Switzerland [1][5]. Group 1: Partnership and Objectives - The partnership aims to establish a network of accounting services for SMEs, focusing on high-quality standards, long-term development, and strong regional client relationships [2]. - The new organization will address challenges in the Swiss accounting market, which is characterized by fragmentation and owner-driven practices, by linking local accounting firms on a common platform [3]. Group 2: Services and Structure - The planned group will offer a range of services including accounting, tax advice, auditing, and interim CFO services, allowing partner companies to focus on their roles as local advisors [4]. - Centralized functions such as talent development, digital tools, IT, and quality management will be pooled to reduce costs and enhance client opportunities [3]. Group 3: Market Context and Future Outlook - The Swiss accounting market faces challenges such as AI integration, talent acquisition, compliance, and quality assurance, which the new partnership aims to tackle [2]. - The initiative is positioned to create a leading accounting services group that combines quality, continuity, and modernization in response to structural changes in the market [5].