In temporary recruitment there are a lot of services you can outsource. From basic admin and tech support to advanced CRMs and recruitment funding services, all designed to free up your team and grow your business in a sustainable manner.  

However, some temporary recruitment agencies are resistant to the idea of outsourcing, despite the benefits we and our peers make clear. So to find out why, today we’re going to be talking about why you should outsource your recruitment funding, and why Back Office Support Services are the best in the business.  

Our service includes:  

These are all essential features of our all-in-one service. You pay a single fee and have access to all the support and resources we provide. But as each of these can be outsourced individually, we’ll talk about each in their own section. Just keep in mind that with us, you get everything all from one provider.  

 

The Benefits of Outsourcing Payroll  

Effective payroll is all about two things: consistency and accuracy. These go hand in hand, if your tax returns and other documents are accurate 99% of the time, there will be few issues that affect your business.  

However, if your payroll isn’t accurate, and there are mistakes and/or inconsistencies, this will cause major delays that will harm your reputation. You also have to keep an eye on changing employment regulations, which takes valuable time away from your team.  

The main reason to outsource payroll is to free up team members so they can focus on what they do best. Even simple admin tasks drain time from their workday – it makes much more sense to pass the burden to a professional payroll manager who will dedicate all their time to getting the job done.  

We guarantee accuracy by checking every document we send on your behalf multiple times. We’ll also keep our ear close to the ground for upcoming changes in legislation so that there are never any issues.  

Another reason is if you’re lacking the resources to manage payroll effectively. This isn’t always a lack of personnel; you might not have the software or systems in place that help with payroll and are instead doing it manually. This leads to more mistakes and takes longer. We have advanced systems in place, being used by some of the best payroll account managers in the UK, so you can rely on us to manage payroll effectively.  

 

The Benefits of Outsourcing Credit Control 

If your clients go over their credit limit, the knock-on effect can be severe. You shouldn’t be affected by a client struggling with debt or one that’s overreaching their budget. 

Credit control is something few temporary recruitment companies do themselves, which means they can be caught off guard by a client’s money troubles.  

Outsourcing credit control gives you peace of mind. It’s mutually beneficial for both you and your clients, as we’ll let you know when they’re approaching their credit limit, and work with them to extend it if you feel it’s necessary.  

Your dedicated credit controller will also help to improve your cash flow. Overdue invoices directly affect how you pay your temporary workers, and even if you have recruitment funding in place, it can still be a headache when you’re trying to grow your business. By sending reminders about late invoices and putting overdue accounts on hold, your clients will be more likely to pay on time, and those that don’t won’t affect your cash flow.   

 

The Benefits of Outsourcing Invoicing 

Speaking of invoices, there is a lot an outsourced team can do to help your invoicing as a whole. As with payroll, accuracy is key, and our team of invoicing pros will ensure that they’re spot on every time. They’ll also send them promptly, giving clients as much time as they need to pay them, so you in turn can pay the workers you provide.  

Some temporary recruitment agencies don’t like to outsource as they want clients to believe they handle everything themselves. We understand this, and make sure that every email and document we send has your name and branding on it, not ours. We work on behalf of you, strengthening your team so that you can succeed.   

 

The Benefits of Outsourcing Recruitment Funding 

Last but certainly not least is the 100% recruitment funding part of our service.  

As we mentioned, cash flow is crucial to your growth. Recruitment funding gives you access to the value of invoices before they are paid. This means that, if any are delayed, you still have the funds needed to pay your temporary workers on time.  

Your temporary workers rely on you to be paid on time. And with so many other temporary recruitment agencies they can work with, keeping them happy is essential if you want to only provide the best for your clients.  

Reputation is key to growth in any industry, but it’s especially important in recruitment. If your temporary workers are happy with where they’re placed, and are always paid promptly, they’ll sing your praises to others, helping you to expand your pool of candidates, and they’ll stick around themselves too!  

This will also keep your clients happy. There are a number of reasons why a company can use temporary workers, reasons we’ve talked about in a number of blogs in the past. If they need these workers on a temporary basis, but will need them again in the future, you want them to come to you and not switch to one of your rivals.  

Recruitment funding, as well as the other parts of your service, are the way to keep clients coming back whenever they need temporary staff.  

 

The Best Company for Outsourcing Recruitment Funding Services 

We’re working hard to break the stigmas around outsourcing recruitment funding. As you’ve probably realised from this blog, the benefits are plentiful, and you’ll see an immediate increase in efficiency if you choose to work with us. 

But outsourcing can be a pain if you need to go to multiple providers. If your payroll is being handled by one company, and your invoicing by another, you’ll be swimming in emails and being pestered on all sides. We keep things much simpler by including all aspects of recruitment funding in one service; all bases will be covered, and you’ll only have a couple of points of contact whenever you have a question or need an update.  

We also build a relationship with our clients. When there is mutual trust and the emails are a friendly back and forth, work gets done to a much higher standard.  

If you’re interested in outsourcing your recruitment funding or aren’t happy with the current services you’re paying for, get in touch for a free consultation and we’ll show you how it should be done.