According to recent research, the UK recruitment sector shrank 0.6% in the second quarter of 2009, and 1.5% in the fourth quarter – the biggest fall since 1980. We are now in the most difficult economic climate since Mrs Thatcher first came to power at the height of the cold war, so how can we keep our recruitment agency competitive and stay on the top of the game?
Industry expert, George Hague tells us exactly how using technology can benefit your agency. “The majority of large agencies are now using software for functions such as billing and payroll processes, timesheets, expenses and scheduling, suggesting that software can provide real benefits in these areas. It’s selecting the software which is the most difficult part!”
BookCheck, a professional book-keeping agency that provides their clients with quality accountancy support through a network of outsourced book-keepers, used technology to keep their successful company thriving through the recession. Anthony Pilkington, Managing Director of BookCheck stated “Using technology has really helped save time with the mundane administration tasks such as generating invoices and timesheets. We have been able to grow and can offer clients the security that our other competitors cannot”.
BookCheck are thriving throughout the recession, and are one of the most successful outsourced book keeping companies throughout the UK. They used a technological system called Agency 360, by GreyRidge Software to develop their business, keeping them at the top of their game.
So how can using technology for a small part of your business, make a significant difference to your cash flow? George Hague states “By using software, it allows your staff to develop your business and help it to run, rather than spending unnecessary time on administrative tasks that can hold up your business and waste valuable time and money. This alone can save an abundance of time and money, freeing up your staff to push your business forward”. He also states that you should “shop around and find one that works parallel to your business, allowing those processes to be run smoothly, giving you the confidence that the administrative part of your business is being looked after securely.”
According to the recent research, we are now in the most difficult economic climate since Mrs Thatcher era. Don’t allow your agency to be blown apart like the cold war, do something about it. Fight for your success, combating competitors and unwanted time wasting, win your battle. Don’t let the recession pull you down, stay at the top of your game, let industry experts lead you to success, making competitors envious of your victory.
