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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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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Accounting Industry driving a shift to Cloud

Cloud Accounting

Accounting essentially refers to that function of any business which closely deals with the essential component of business operations. Businesses, both big and small lay sufficient weightage on the Accounting function, mainly because recording, measuring, verifying, reporting, interpreting and communicating of financial transactions is considered to be the whole and sole, pertaining to a business. […]

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5 Things to be keep in mind while handling your business as an entrepreneur

staffing start up business

Have you ever thought of starting your own business? It’s quite natural that the thought of taking jump can often feel intimidating, especially when you’re not sure where you’re going to land. The ecosystem of entrepreneurship is full of unknowns, especially if you lack experience—it becomes scarier enough and stops you from taking the first […]

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Minimize Bench time process using smart Nimble Staffing solutions

Regardless of the size of your staffing business, every entrepreneur would agree that the most critical aspect of every corporate decision is the financial one. Managing staffing business can be sometimes extremely time-consuming, especially when one works with a patchwork of on-premise systems and legal programs which require constant upgrading. Whether you’re running a consulting staffing firm, […]

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