Managing the diverse client needs and navigating the dynamic market demands pose significant challenges for the Recruitment and Staffing industry. Streamlining candidate sourcing, managing payroll efficiently, and ensuring compliance with ever-changing regulations are crucial for operational success. By addressing these challenges effectively, recruitment firms can enhance efficiency, improve client satisfaction, and foster long-term relationships.

How We Support the Recruitment and Staffing Industry

  • Specialized solutions.
  • Expertise in accounting, finance, and back-office operations.
  • Streamlined candidate payroll management and regulatory compliance.
  • Empowerment for agencies to focus on core competencies and drive growth.

Our Services

Pay & Bill and Payroll

Pay & Bill and Payroll are prominent functions of any business and often comprise complex processes. Whether handling billing tasks, reporting, or payroll for temporary and permanent employees, we are equipped to manage these functions in compliance with your country's legislation.

We work with all leading software platforms, enabling us to offer flexible solutions that allow you to choose the service level that suits your business. Our solution produces accurate results and reduces your existing process costs by up to 50%.

Our services include:

  • Fully Managed Payroll Service
  • CRM Integration
  • Time and Expense Capture
  • Contractor Payments
  • Client Invoicing
  • Helpdesk Support
  • Tax Submissions
  • Real-time Reporting

Bookkeeping is central to managing your business cash flow and budgeting and requires careful execution. As a low-margin, time-consuming task, having a cost-effective solution is essential to your business efficiency.

Our bookkeeping services are delivered according to your specific requirements. We will review your existing processes and manage the transition to a flexible offshore delivery model, immediately delivering accurate results and substantially reducing existing process costs. We work with all major software platforms, allowing us to integrate with your business seamlessly.

Our services include:

  • Journal Entry and General Ledger Maintenance
  • Accounts Receivable and Accounts Payable
  • Bank, Credit Card, and Expense Transaction Processing
  • VAT Reconciliation and Submission
  • Asset Register Maintenance
  • Multi-currency Processing
  • Intercompany Processing
  • Accrual and Prepayment Preparation
  • Balance Sheet Control Account Reconciliation
  • Real-time Reporting
Credit Control and Collection

Credit controllers build relationships with your clients and enable faster payments, ultimately improving your cash flow. Our controls and processes help your business gain expert support across various credit control functions to protect you from financial risks.

We offer a bespoke credit control service to ensure faster invoice payment, improving your cash flow and reducing the risk of bad debts. We can also support you in the event of non-payment by providing a litigation service.

Our services include:

  • Manage Client Credit Risk Register
  • Produce Statements
  • Correspond With Clients to Determine Payment Dates
  • Resolve Invoice Disputes
  • Manage Escalation Process Where Appropriate
  • Real-time Reporting
Management Accounting and Reporting

In conjunction with our bookkeeping service, we offer additional accounting and reporting services to provide your business with a complete end-to-end finance and accounting function.

Our management function enables you to receive weekly, monthly, quarterly, and annual financial support across the entire spectrum of your business, allowing you to manage all your accounting needs safely and affordably in one place.

Our services include:

  • P&L and Balance Sheet Statements Preparation
  • Annual Statutory Accounts Preparation
  • Calculate and Submit Annual Profits Tax Returns
  • Cash Flow Preparation
  • Budget Preparation
  • KPI and Variance Reporting
  • Decision and Planning Support
  • Audit Assistance
Accounting and Payroll Consultation Services

Your business must evolve in today’s fast-changing world, often at short notice. 2020 has highlighted the crucial nature of having complete control over your business’ finances for it to realise its full potential.

With our consulting services, our experienced consultants provide a complete check-up on your business’s financial health, identifying inefficiencies and cost-saving opportunities. Equally, if you want to streamline your accounting function, our experts can assist with the planning and transformation.

Our services include:

  • Financial Health Check-Up
  • Accounting Software Consulting and Migration
  • Risk and Compliance Analysis
  • Business Intelligence Reporting
  • Finance Strategy and Transformation

Experience the power of precision in your finances with IMS Decimal!

Contact us now