To successfully run a business in Estonia, it is important not only to carefully manage your accounting, but also to choose effective ways to manage financial processes. The main dilemma for many companies is whether to hire an in-house accountant or outsource accounting services. In this article we will look at the benefits of cooperation with Magrat and figure out how to best respond to typical customer objections.
Benefits of outsourcing accounting with Magrat
- Cost reduction. Services Magrat are cheaper than maintaining a full-time employee. You are exempt from paying taxes, vacation pay, sick leave and insurance premiums. Plus, you only pay for the amount of service you need, allowing you to manage your budget flexibly.
- Minimizing hidden costs. Hiring a full-time accountant involves many hidden costs: workplace equipment, equipment, software, office rent, coffee, and even the cost of training and advanced training. All these expenses fall on the shoulders of the company. In case of working with the Magrat The accounting firm itself is responsible for these aspects.
- No difficulties with dismissal. Dismissal of a full-time employee may involve lengthy procedures and compensation payments. With Magrat the contract can be terminated faster and without additional costs, which adds flexibility in resource management.
- Professionalism and experience. Magrat, as a recognized accounting company (ERK Tunnustatud Raamatupidamisettevõte, see tunnustatud.ee), has highly qualified specialists who are constantly trained and monitor changes in legislation. This provides the client with a high level of professional service and reduces the likelihood of errors. If necessary, a Magrat accountant can always consult with a more experienced and highly qualified colleague, which may not be possible for a contract accountant.
- No headaches when replacement is needed. Finding an experienced accountant, keeping him on the job and preventing a situation where the only accountant goes on sick leave or, even more so, quits and leaves the company without accounting – these are difficult tasks. Most Estonian companies employ only one accountant, which increases business risks. In case of working with the Magrat the company immediately provides replacements and maintains continuity of operation.
- Flexibility and scalability. If necessary, the scope of services can be increased or decreased, adapting them to the current needs of the business. This allows companies to grow and develop without having to find new employees.
Answers to the main customer objections
Objection 1: “We need an accountant who will always be there and respond quickly to questions”
Answer: Magrat provides dedicated specialists who are available during business hours through various communication channels. Digital tools allow you to quickly exchange documents and resolve issues remotely.
Objection 2: “We are concerned about data privacy”
Answer: Magrat strictly adheres to data security standards, including encryption of information and the use of secure communication channels. Magrat also has professional liability insurance, which further protects the client.
Objection 3: “Our accountant knows all the features of our business”
Answer: Specialists Magrat trained to work with various types of businesses and quickly adapt to the specifics of the client. Thanks to their broad experience, they can offer innovative solutions and improve current processes.
Objection 4: “Sometimes we may need an accountant to be present in person.”
Answer: Specialists if necessary Magrat can travel to the client’s office for personal meetings and resolve current issues.
Objection 5: “We don’t want to change the accounting program”
Answer: Magrat ready to work remotely in your program if you already have an established accounting system. This allows you to maintain the company’s usual workflow without additional effort to reconfigure the software.
Conclusion
Outsourcing of accounting services from Magrat provides significant benefits to businesses in Estonia: cost savings, professionalism, flexibility and lack of administrative hassle. The right collaboration with Magrat, a recognized accounting firm, can not only provide high-quality accounting, but also help businesses concentrate on their core activities, minimizing risks and improving financial performance.