Services for Recruitment Agencies

We thoroughly understand the critical factors that are specific to your business. Here are some examples:

Reporting KPI's - fees, gross margin (temp), staff cost ratios, debtor days…
The challenges of cash flow when temp payroll proceeds customer payment
Revenue recognition issues when targets are based on candidate placement date (as opposed to start date)
Issues of margin management when you have a temporary/permanent service mix
P&L / Chart of Accounts structure that accounts for temp payroll as "cost of sales" as opposed to staff cost
Performance KPI's - Hit and conversion rates, time spent on business development versus delivery….
Contractual relations with clients, candidates and your own consultants
Conflict between business effective versus attractive commission structures
Interface between CRM systems and billing / accounting systems
Communication challenges when running multiple service provisions across sectors / disciplines

This in-depth understanding means we can provide intelligent and cost effective bespoke accounting services together with creative and results driven consulting solutions.