Finding the best people for the job
It’s often said that the recruitment industry is a barometer of our economy. In good times businesses recruit more and employ more contract, temporary or part-time staff. When times are tough though the sector shrinks. It’s hard to keep things on an even keel.
So if you’re concerned, not just about survival, but of making sure that your recruitment business is in great shape to keep costs at a minimum, profits at their optimum, and that any new legislation is fully understood and implemented effectively, who can you turn to?
Talking to your accountant is one obvious starting point. Sadly, many accountants don’t appear to have the depth of experience or specialist technical expertise to help with anything other than your annual accounts – and by then it’s too late.
Dedicated Recruitment Accountants
On the other hand our Recruitment Business team, based just north of London, are specialist accountants who offer recruitment and employment businesses dedicated expertise in accounting, finance, taxation and business growth. You can learn more about what they do on their Recruitment Accountants website.
We understand the recruitment industry and have access to a range of bespoke software and business strategies to help recruitment managers and directors make the most of their businesses, and working closely with you to reduce your tax liabilities wherever possible through our tax planning strategies.
Cloud based timesheet solution
The Nimbus Back Office System, which is used by many recruitment businesses to streamline their temp contractors workflow, takes care of your routine activities – from timesheet processing through to invoicing, credit control and management reporting – giving you time to build your business and focus on increasing profitability.
Nimbus brings together the best cutting-edge software available to deal with:
- Collation of timesheets and associated calculations
- Automatic production of sales invoices and distribution to customers
- Handling self billing and distribution of invoices to contractors
- Integration with payroll software to calculate gross pay and deductions
- Calculation of CIS deductions for those in the construction industry
- BACS payment runs
- Automatic notification to invoice discounting provider where applicable
- Reporting for AWR
For more information on Nimbus or to arrange a free demonstration of how it will work please call 0845 606 9632
Keeping the cash flowing
Anyone who runs a recruitment business knows how cash-hungry it can be, and how slow-paying customers can leave you exposed when it comes to paying the monthly payroll or office overheads. To overcome this we can help select the most appropriate financial product for your business, and introduce you to specialist lenders.
Of course, we keep tabs on what’s happening in the wider economic community, too. So if there’s anything that affects your business, we’ll know about it first and have a plan in place to deal with it. This proactive service means you’ll never get any nasty surprises and will always be ready to face any changes head on.
Arrange a FREE no-obligation meeting
We will happily meet with you to understand the issues that you are grappling with and how your business is performing. We will then discuss solutions to the challenges you are facing. This is free of charge and is an ideal introduction point. We’ll get to know you and you’ll begin to understand how we work and see how we can transform your business.
To arrange a meeting or to find out more about how we could help your business call Stuart Hutchison on 0845 6069 632 or email him at shutchison@uhy-wkh.com
