Any big decision requires a lot of thought, and choosing whether or not to outsource the entirely of your recruitment agency’s back office is no exception. Total Back Office Solutions are an outsourcing firm dedicated to the recruitment industry and it’s unlikely that you’ll find more knowledgeable people anywhere. Here are the five biggest things you need to consider when it comes to outsourcing.
1. Money – you have the potential to save a substantial amount of money by outsourcing your back office, as you’ll be spending less on staff – having an in-house administrator and employing the services of an external accountant can be a big cost, which is even bigger when you consider office space, licencing needed for computer software, and other office equipment. This can add up to make a considerable saving.
2. Time – It is often the case that the back office in a recruitment agency, particularly a recently set-up agency, is being handled by the director or a senior management. This can seriously impact on the performance of that individual’s primary function, and can also lead to back office errors resulting in lack of experience in the process, which can be time consuming to rectify. Outsourcing eliminates this as a problem. It also cuts down on time taken dealing with employment issues such as sickness, holiday or disciplinary procedures.
3. Current Status – If your back office team are very busy and in need of an extra pair of hands to handle the job at hand, but the addition of a new employee is not feasible, outsourcing cold be the perfect answer to your problem. Or, if the extra work is temporary (for example it could be due to a contract), hiring more staff is unlikely to be a long-term solution, as they will be surplus to requirements after the busy spell has passed.
4. Contingency – If you don’t have a contingency plan in place for staff absences, your business stands to suffer. By outsourcing your back office, the continuity of your services becomes assured and you needn’t worry about holidays or sickness interrupting the flow of things.
5. Extras – Only the largest recruitment agencies will have access to a range of experts across their back office team – most will be utilising a diverse set of skills provided by one person. However, outsourcing provides you with a multitude of options, including payroll administrators, credit controllers and many more specialists. Having these additional utilities allows you to project the appearance of a larger agency, increasing trust and dependability in your clients views.
Not every recruitment agency is suitable for the outsourcing model, and it depends on scale, timing and many other factors besides. However if outsourcing would save you time and money, it should not be ruled out.
For a full service outsourcing company, get in touch with TBOS at www.tbos.com, or call them on 0845 881 1112. Whether you are a permanent or contract recruitment agency, you will be able to find a use for their invoicing, payments, credit control, book keeping, management reporting, end of year statutory work, and other services besides, leaving recruitment agencies with more time to do just what they are named for – recruiting.
