Britain's unpredictable weather will cost the recruitment industry millions of pounds in lost productivity and delays in cash collection, according to research undertaken by Etz Timesheet Solutions. With many workers being advised by to stay at home due to the current weather conditions, and many people flooded, the back offices of some recruitment businesses may well grind to a halt.
On average, the recruitment industry is estimated to generate in excess of £500m per week. Any delay to this cash flow resulting from dependencies on paper timesheets may create a significant hole in working capital. Disruption to transport infrastructure often prevents recruitment sector back office staff performing office admin and essential processing that keeps agency invoicing and payroll ticking over.
Etz Timesheet Solutions supports recruitment agencies with a back office system which enables workers, agency staff and client businesses to streamline timesheet processes. Etz and similar online or SaaS (Software-as-a-Service) systems particularly lend themselves to dispersed and remote workforces. The software in effect acts as the centralised hub around which agency business operates.
Etz has published a guide ‘Let it rain, let it snow, let it blow: Avoiding bad weather disruption in the recruitment agency back office with Etz’. This explains how online timesheets simplify routine timesheet processes and enable continuity of admin and processing when normal agency working patterns are disrupted due to extreme weather events.
The current extreme weather event in the UK is unusual in that it has been going on for around two months. The bad news is that these conditions may persist for at least another month. Online timesheets are a good tool for helping to overcome the worst effects of extreme weather events of any duration and the guide shows that adopting such a system provides advantages to agency workers, back office staff and agency clients.
Click here to read more and download the free guide: http://etzbackoffice.com/etz-blog/recruitment-news/let-it-rain-let-it-snow-let-it-blow-avoiding-bad-weather-disruption-to-recruitments-back-office/
