Multi Company Accounting Is No More Complex

Staffing business solution

Any business that has a presence in multiple locations can easily face ‘double trouble’ situation when it comes to accounting. Each subsidiary or division has to streamline its books, manage Accounts Receivable (AR) and Accounts Payable (AP), and operations. Centralizing group finances efficiently at one place will avoid this emergence. Because recording& tracking inter-company operations, […]

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Staying up-to-date with your Compliance to avoid penalties

LCA/GC Compliance

Purpose Nowadays, missing on compliance matters may cause economic damages to companies. Especially, if you’re running a Staffing Business, it becomes crucial to keep up-to-date with your consultants’ travel compliance information. So, staying abreast of Form I-94, the Arrival-Departure history, H-1B Visa file extensions or renewals, regulatory changes and employment laws becomes compulsory as they […]

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Consultant Bench Period Management – An Integral Component for Success in Staffing Business

Banch consultant Management

In the staffing arena, it creates an impact for the business owner if he/ she is not being notified on consultants’ project end date. Consultants staying on bench will lead staffing owners to revenue loss. It hampers the overall growth of business, leading to impatient consultants because consultants never love to stay on bench and […]

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Profitability Analysis, the cornerstone that empowers better decisions

Consultant Profitability

Today, most staffing companies are struggling with identifying which of their consultants are the most profitable. They can measure overall revenue, but not the profit associated with the particular consultant — which means they make decisions based on partial or inaccurate information. Operating a business without having a focused vision on profitability can be inefficient […]

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President Trump’s Executive Order “Buy American, Hire American” Impact on the Immigration and IT Staffing

Accounting Trending

In the US, the IT unemployment rates are currently being hover around 2%, while some occupational pockets becoming tighter. The IT talent supply equipped with the most coveted skills is now undoubtedly tight and the competition is high. The talent to meet the demand can be driven from both homegrown and foreign workers, becoming the […]

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