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Accounts Receivable Financing for Staffing Firms & Payroll

Posted by Chris on Sep 28, 2017 in Non-Recourse Accounts Receivable Factoring, Payroll Funding, Staffing Factoring | 0 comments |

Accounts Receivable Financing for Staffing Firms & Payroll

As the US economy continues on its upward path, the demand for temporary staffing is growing even faster. However, from 2020 to 2024, the global average increase in revenue is expected to be roughly 2%. These trends reveal sustained growth in revenues and profitability for staffing firms. At the same time, growth also means continuing and ongoing struggles in staffing companies’ cash flow. The reason: Client companies often take their time paying their invoices; normally taking them 30 to 60 days. Meanwhile, the staffing firm needs cash to...

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The Best Staffing Payroll Services

Posted by Chris on Jun 27, 2016 in Business Tools, Payroll Funding, Staffing Factoring | 0 comments |

How to Choose the Best Payroll Service Provider for Your Staffing Firm Staffing agencies have unique needs when it comes to processing payroll, which is why many use an outsourced provider. Using a professional payroll service rather than an in-house accountant could save your staffing agency time, money, and legal issues. Take a further look at the advantages and best providers out there if your staffing agency struggles with making payroll. While you get paycheck generation services from every payroll company, you should note that not all of...

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Advanced Payroll Funding

Posted by Chris on Dec 29, 2015 in Payroll Funding, Staffing Factoring | 0 comments |

Advanced Payroll Funding

How to Get Advanced Payroll Funding for Your Staffing Agency America’s staffing companies hire nearly 16 million temporary and contract employees per year. Temporary staffing is overgrowing, and the companies that provide these services should keep up with the constant growth and battle the ensuing cash flow issues. Workers want to receive weekly or bi-weekly payment at the very least, and big companies take 45-60 days to pay. Advanced payroll funding is necessary when it comes to growing your business and keeping both employees and...

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