Helping a New Accounting Firm in Melbourne Grow During Tough Times
Introduction:
Sapphire Digital Accounting recently teamed up with a new accounting firm in Melbourne that added 100+ businesses to its client base within the first 2-3 years. Launching during the COVID-19 pandemic, the firm faced challenges in maintaining sustainability and wanted to avoid the extra cost of hiring full-time staff.
Challenge:
The main issue for the client was managing the financial risks and uncertainties of starting a new firm during the pandemic while making sure they had enough resources to manage and grow their client base. The client needed an affordable solution that would let them grow their operations without sacrificing efficiency.
Solution:
The client came to Sapphire Digital Accounting, and we suggested using a fixed pay-as-you-go model to reduce financial risks. We also recommended using cloud-based software for the firm and helped set up a document management system, along with templates for working papers. As a result, the client successfully gained about 100+ businesses as clients in the first two years and outsourced all their work to Sapphire.
Conclusion:
Sapphire Digital Accounting played a key role in helping the new accounting firm in Melbourne grow. By offering a flexible payment model, recommending cloud-based software, and giving expert advice on document management and working paper templates, Sapphire allowed the client to grow their client base without the financial burden of hiring full-time staff. This case study shows Sapphire Digital Accounting’s ability to provide customized and efficient outsourcing solutions that help accounting firms grow and succeed, even during challenging times. Trust Sapphire Digital Accounting as your outsourcing partner to guide you through uncertainty and help your practice achieve success.
