In the recent years, there’s been a surge in IT consulting and staffing industry across USA due to the rise in business firms. About a decade ago, economic downturn negatively impacted the entire staffing cosmos, but now in 2018 the market illustrates continued growth and adoption of staffing in the US. However, the competition among […]
Multi Company Accounting Is No More Complex
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, […]
Start Leading PROFITS Stop Bleeding Revenue LEAKS
Every year every day, businesses bleed money somewhere along their revenue cycle and the saddened part is many stay unnoticed. Running a profit analysis manually could take several days for completion. Unfortunately, by the time you finish, the damage may already be happened. Identify the ROOT cause to boost PROFITS For instance, you own an […]
Automation – It’s all about working SMARTER, not HARDER.
As we all know, there’s been an age-old tedious practice of using excel sheets. Especially, in Accounting! But, have you ever wondered how efficient is it to rely on ’em? Let’s take an instance – In the modern day era, Staffing companies still tend to use excel to track their consultants’ timesheets, calculate commissions, process […]
Leveraging comprehensive technology on problem-solving for business SUCCESS
Crossing over a valley of staffing & consulting companies’ death gets more and more common these days in U.S. This phenomenon refers to the fact that there are plenty of tough challenges being faced by firms in the staffing & consulting industry, who must embrace change and quickly adapt to the latest technology landscape in […]
Staying up-to-date with your Compliance to avoid penalties
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 […]
Consultant Bench Period Management – An Integral Component for Success in Staffing Business
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 […]
Profitability Analysis, the cornerstone that empowers better decisions
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 […]
Toughened H-1B Visa Extension in US and its Impact
The Trump administration is toughening the rules for H1-B and L1 (non-immigrant) visa holders, who want to extend their stay in the U.S. In the previous directive, immigration officials used to consider a visa extension of an applicant usually if he/ she was once found to be eligible for a work visa initially. But now […]
Let ‘Dreamers’ Stay – Tech giants urging the US government
According to the recent reports revealed, nearly two dozen of major companies in technology and other industries are planning to launch a coalition to demand legislation that would allow immigrant ‘Dreamers’ a path for permanent residency. Going in detail, the Coalition for the American Dream intends to ask Congress to pass bipartisan legislation this year […]