Finance & accounting and payroll teams are the backbone of recruitment agencies – performing a range of key tasks like processing contractor payments, generating invoices and managing credit control. However, these tasks require a specific set of competencies, specialist software and the need of having to stay on top of everchanging legislation, IR35, AWR, expenses and more.
QX provides finance, accounts and payroll services to more than 30 leading recruitment agencies and has been serving the sector since 2004. With payroll processing accuracy rate of 99.8%, our comprehensive pay & bill services have benefitted agencies across sectors like healthcare, education, oil & gas and IT amongst others – enabling them to streamline processes, build flexible workforce and reduce operational costs.
Pay candidates accurately and on time to deliver delightful experience. Bill clients correctly and on time to receive payments on time and optimise cash flow.
Implement an effective order-to-cash cycle through an effective accounts receivable process to better manage customer ledgers and cash flow.
Outsource your agency’s Accounts Payable to implement strategic automation, identify cost saving opportunities, build smoother supplier relationships and increase process efficiency.
Reduce DSOs, decrease unbilled amount, achieve ambitious year end cash balance targets and slash aged debt ledger balance by outsourcing your agency’s credit management.
Stay on top of evolving regulations and mitigate risks. We maintain all the records you need, deliver assistance during inspections, and help you stay on the top of latest legislations.
Access easy-to-digest & reliable financial information customised reports to help you mitigate risks, assess financial performance and maximise profits.
Mitigate business risks, boost process efficiencies and cut down on operational costs with our Treasury Management service, tailored to meet the demands of your recruitment agency.
Our finance, accounting and payroll services enable recruitment agencies to reap significant business benefits
Experience QX’s unique partnership approach to build a strong business relation where you stay in control
Set up a team of qualified and experienced accountants with proven industry expertise to implement best practices, automate repetitive tasks & manage compliance
Leverage process improvement and automation to cut down on your pay & bill costs by up to 50%
Process optimisation, digitisation and automation. Proprietary systems for automating timesheets downloads and managing PO.
Benefit from accurate and reliable financial data to take growth-driven decisions
Work with a GDPR compliant team to ensure data security and end-to-end compliance management
Here’s what some of our top recruitment industry clients have to say about us
Technology is at the heart of QX’s payroll, finance and accounting services for the recruitment industry. We work with the following software suppliers but if you use a system provider not mentioned here, just let us know as we are flexible with the systems we can use.
Read how QX brought about organisational growth for top recruitment agencies:
Explore more to gain insights into the recruitment industry
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