Easing payroll pains in your recruitment agency

Do you know what the hardest part of running a recruitment agency is? It’s not finding the right office, or finding candidates or even getting clients. It’s not even retaining your recruiters.

With enough persuasive arguments, charm and wit, you can keep anyone in the door. However, no amount of smart talking is going to keep cash in your business. You cannot talk your way out of invoicing someone and nor can you tell contractors to wait for their paycheck at the end of the month.

Cash is king for a reason, because it keeps everything working, and as long as you have cash in your agency, you have the ability to operate. Which is why payroll becomes one of the biggest pain points for us all, especially if we’re recruiting in the contractor market. Money is flying out of your business before you have time to invoice clients for it.

It’s a nightmare…