6 Ways to Waste Money in Your Recruitment Agency

6 ways to waste money in your recruitment agency etz Keep using on- premise software Keep printing out workers' timesheets 5:1 £30 Yearly cost ratio of on-premise software vs. Saas online applications Typical cost of laser printing 1,000 pages of mono (B&W) A4 timesheets Typically the cost of a Saas solution over 5 years is on par with the capital cost and Ist year licensing and maintenance for an equivalent on-premise solution. Often though, you aso have to invest in upgrading an on-premise solution after year 3... This ratio does not include the additional cost of energy for running on- premise servers, storage or air conditioning.. An online timesheet system prevents the need to print timesheets out for workers. Workers, line managers and back office agency staff simply logon to the timesheet system to perform their appropriate actions. Keep receiving faxed timesheets 3 Keep processing paper timesheets £30 70% Typical cost of laser fax Maximum reduction in timesheet printing 1,000 pages of mono processing costs with Etz (B&W) A4 timesheets An online fimesheet system prevents the need to receive faxed timesheets. Workers, line managers and back office agency staff simply logon to the timesheet system to perform their appropriate actions. Online timesheets save time by eliminating manual processing overheads such as copy- keying, errors from illegible handwriting. over payment and incorrect invoicing. Integration with front office. payrol and finance systems enables streamlining and timely payment and invoicing Keep printing paper invoices Keep posting printed invoices ££ £30 £600 Typical cost of laser printing 1,000 Cost of sending 1,000 printed invoices by UK Standard Royal Mail 1st Class letter post pages of mono (B&W) A4 invoices A PDF invoicing workflow elminates the need to print invoices. Most businesses would use laser printers: Producing PDF Involces is the first step in a digital invoicing workfow. The next step is to use emal to deliver your invoices. Large clients may use however if you use inkjet printers 1.000 invoices might cost 550. Some recruiters may print a fle copy as wel as the one sent to the clent. If you use fancy letter headed paper that is extra as wel. invoice purchoase-to-pay systems which accept PDF invoices on speciic email addresses and gutomate and manage the payment process. £30 70% £30 £30 5:1 £600 References, sources and notes: ELOE If you want to eliminate all this waste from your recruitment business contact Etz. Etz is the back office software of choice for recruitment agencies. Automate and streamline your back office processes with the most feature rich and automated timesheet solution on the market and save up to 70% on back office processing costs. www.etzbackoffice.com