Focus on Scaling Up
Payroll, invoicing, credit control & accountancy for agencies that have their own funding in place.
Taking Care of Your Business
If you have your own funding facility direct with a bank, you probably also have a back-office team in-house. However, as your business grows, the back-office complexities increase – as do the knowledge requirements and pay & bill system demands.
Addressing this gap can be expensive while ignoring it over time is even worse for the business. Our back-office solution service takes care of this problem by tailoring a service that fits your business needs.
Your Challenges – Our Solutions
If you’re experiencing any of these issues, it’s time you spoke to us:
Our Complete Solution
This is a comprehensive back office and accounts product for agencies supplying temporary or permanent placements with clients in the UK and internationally.
If you want everything done for you in one place this is a trusted solution. If you don’t already have a bank or finance provider, we can help you to arrange this.
The service:
- Accounts department (email correspondence and phones answered in your name)
- Timesheet management
- Temps and contractors paid from your bank account
- Invoicing in your name
- Credit control
- Supplier, credit card and commission payments
- Bookkeeping and reconciliations
- Monthly management accounts
- VAT returns
- Year End statutory accounts
The benefits:
- Charges based on transactions not percentage of turnover
- No need for External Company Accountants
- Online Timesheets and Accountancy software provided
- Rolling contract with 90 days’ notice
Our Comprehensive & Flexible Service
Outsource as much back-office as you like – our service can be flexed to suit your business needs.
- Thorough workflow reviews and onboarding set up ensures a tailored service
- Pay and bill service on world class API platforms
- Credit collections and cash allocation
- Credit checks and credit insurance management
- Proactive credit control
- Funding facility administration
- Management and statutory accounts
- Front to back workflow for full integration to funding providers or umbrellas companies
- Includes timesheet input for contingent payroll
- Staff salaries
- Compliant payroll
- Consultancy and training for system installation and creating efficient processes in-house
- Significant reductions in overheads and distractions from delivering your core business
Compliance
Management
Contracts management
Your contracts and will check terms of business and contractual agreements.
Candidates auditing
Your candidates’ right to work, check ID and DBS.
Contractor compliance
All aspects of contractor compliance, including AWR, IR35, Pension Auto-enrolment and holiday pay.
Pay & Bill
Looking for the most flexible and effective, outsourced pay & bill services available?
Our flexible, cost-effective and friendly service allows you to choose the service level that suits your business best – tailored exactly to your needs.
We simplify all the administrative tasks of managing payroll with everything branded to your agency, delivering a seamless, reliable and completely compliant service.
- Timesheets, invoices and payslips are branded as your agency with online portals for both your workers and clients
- Online timesheet submission and approval
- Our unique ‘Side by Side’ document processing tech digitises paper documents including timesheets, payslips, tax forms, proof of ID & certificates. All to be stored against a candidate’s record.
- Sales invoices are auto-generated and delivered to clients either by email or post. With a variety of invoice aggregation methods available, as well as delivery tracking and confirmation.
Credit Control
Why not hand over to our expert credit control team and convert your invoices to cash?
By utilising our best-in-class credit collection platforms, our team can increase your cash conversion significantly and reduce your ageing debt.
By customising our solution to your specific needs we can help you get ahead by removing the administrative burden that so often slows you down.
- Account setup, verification and credit checks
- Chasing debt and client liaison
- Query resolution with all stakeholders (consultants/clients/back office)
- Cash allocation
- Weekly debt reviews
- Credits and invoice re-issues
Accountancy Service
Many agencies employ an external accountant, but we’ve found that many clients have struggled to find an accountancy package which can work seamlessly alongside their funding provider, or which appreciates the nuances of recruitment finance and practices.
We can save you time and trouble by offering an excellent accountancy service delivered by experts in recruitment back office.
The service includes:
- Monthly management accounts
- Monthly income statement and balance sheet
- Monthly accounts report
- Book-keeping services
- Filing of VAT returns and corporate tax return
- Annual financial accounts
Solutions to Meet Your Needs
Whilst the challenges faced by our clients are sometimes similar, they are never exactly the same. That’s why we never suggest an off-the-shelf solution. Instead, we offer tailored service, blending our people, processes and technology.