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Stuart Gentle Publisher at Onrec

Providing KPIís not IOUís!

Key Performance Indicators

One of the biggest issues facing recruitment agencies providing temporary or contract staff is how profitable is the agency and more importantly, how profitable are the recruitment consultants. This headache has been solved with SPA.SPA, from Accsoft, is a leading timesheet management system specifically designed for temporary or contract staff .SPA contains all the elements needed for independent time sheet processing (including data on Contracts and Agreed Rates) and is capable of seamless integration with the leading accounting systems such as Sage, Exchequer and Access.

SPAís timesheets are flexible enough to cater for the most complex payments, including different currencies, agreed rates, and out of date contracts.With todayís competitive environment, being able to see how much profit sales consultants are bringing into the business per week is one of the Key Performance Indicators (KPIís) that dictates how the business is performing. For most business owners this is an onerous task, involving multiple spreadsheets, and probably the biggest issue ñ time taken to pull the information together. Another KPI is the profitability of the recruitment consultants themselves, and again this is a mixture of business and contract costs plus time taken building the information.

These issues have been solved by SPA and with the touch of a button this information is available at any time of the month. This means that you can see how profitable contracts are, how the business is performing and also the profit contribution of each consultant. You can also compare contracts and also compare the relative profitability of all consultants. Tim Blackler, director at Accsoft comments ìWe work very closely with our customers and listen to their requirements to develop the system further, and one of the main issues that kept coming up time and time again was the profitability issue, as businesses did not have a handle on it and therefore could not make fully informed business decisions.

The introduction of these KPIís puts them back in control.îAbout AccsoftFor over 15 years Accsoft have successfully delivered management solutions to businesses throughout the UK.SPA is Accsoftís comprehensive system for recruitment and temping agencies with seamless integration to the market leading accounting software packages. Using the SPA timesheet you create all payments, invoicing and payroll processing smoothly quickly and efficiently.