How Accounting and Finance Staffing Agencies Can Improve Your Bottom Line
Your business wants accounting and finance professionals on staff. Yet, finding and hiring top talent in the accounting and finance sectors is rarely simple. Fortunately, staffing agencies will help you out. If you partner with the right staffing firm, you’ll even improve your bottom line.
Here are five reasons to work with an accounting and finance staffing agency.
1. Save Money and Time
As you consider cost-effective ways your business can attract top talent, limited options are available. You have only so much money and time available. If you don’t use your resources wisely, you risk wasting them. Plus, you could make poor accounting and finance hiring decisions. These will hamper your company’s productivity and damage your bottom line.
With a staffing agency, you’ll be able to get the most out of your money and time. The agency will connect you with recruiters who are committed to your company’s success. These recruiters will learn about your company and the accounting and finance roles you want to fill. Next, they’ll put you in touch with talent that’ll match your expectations. This means you won’t have to commit resources to recruit quality job candidates. Instead, you can let your staffing firm handle the entire recruitment process for you.
Of course, once you hire accounting and finance professionals, they’ll help your company. These professionals will seamlessly fit into your business operations. They’ll manage your company’s financial processes, to the point where they’ll bolster your operations. In the long run, they’ll help you minimize your costs, gain time, and become more productive and efficient than ever before.
2. Adapt to a Rapidly Changing Global Marketplace
In uncertain times, flexibility is key. How well your business adapts to a global market that’s always evolving will dictate your success. Meanwhile, your accounting and finance team helps your company keep pace with marketplace challenges. If you have sufficient staff in place, your company can continue to push ahead in the face of these issues. Alternatively, if you’re understaffed, you may struggle to deal with accounting and finance problems as they come up.
A staffing firm understands the global marketplace and helps your company plan accordingly. The firm gives you the flexibility to add talent at busy times of the year. On top of that, it connects you with talent to fill part- and full-time and temporary roles.
Additionally, with a finance and accounting staffing agency at your side, you can address marketplace challenges before they escalate. For instance, recruiters will review your short- and long-term staffing needs. They will help you identify areas where you will need talent right away. Then, they will help you fill various roles with top candidates. If your staffing needs change, you and your agency will adapt. As a result, you’ll always have enough finance and accounting personnel to keep your business on track.
3. Handle Payroll and Taxes In-House
Initially, hiring a third party to handle your accounting and finance operations may seem like a viable option. However, it can be expensive. According to research, the cost to hire an accountant can range anywhere from $37 to $400 per hour. Thus, if you want a skilled accounting or finance professional to help you as needed, you may have to spend big.
On the other hand, you have the option to hire an accounting or finance professional to join your team. With this individual on staff, your payroll, taxes, and other accounting and finance tasks can be handled in-house. And, if you ever have concerns or questions about accounting or finance, you’ll have someone on staff who’s always available to address them.
If you work with a staffing agency, you’ll be able to add as many accounting and finance professionals to your team as you’d like. With anyone you hire, they’ll help your team. The agency will vet candidates, ensuring they have what it takes to fulfill your job requirements. Over time, this may help you save money, since you won’t have to look outside your business for help with accounting and finance.
4. See How Well an Employee Performs Before You Make Them a Permanent Team Member
You may have doubts about adding someone to your accounting and finance team. If you hire this individual and they cannot handle the day-to-day work, you’ll have to search for someone to replace them. Conversely, you may choose not to hire a candidate, since you’re concerned they’ll fall short of what you want. In this situation, you’ll have to continue to search for talent.
When you collaborate with a staffing firm, you can get a good idea of how well a candidate will support your business before you hire them. As part of the firm’s approach, you’ll have the opportunity to interview a candidate. You can ask questions and find out if the candidate fits within your company and culture. If so, you can hire the candidate on a permanent or temporary basis.
If you want to see how well an accounting or finance professional complements your team, a staffing agency has you covered. You can hire a candidate for a limited period of time. During this period, you’ll get a firsthand look at how this individual helps your business. As a temporary employee, they may do everything within their power to show they deserve another contract or a permanent opportunity. If the worker proves their value, you can offer them a permanent role at their contract’s conclusion. Or, if you do not wish to move forward with them, you can re-open your search for accounting and finance talent.
5. You Won’t Have to Wait to Hire Top Talent
Typically, a talent search will take weeks or months to complete. When you search for accounting and finance job candidates, you may search far and wide. You’ll put job postings on LinkedIn and similar websites. As candidates respond, you’ll conduct interviews. But, even if a candidate is a great option, there’s no guarantee they’ll accept your job offer.
A staffing agency will speed up your talent search, putting you in contact when you need it. First, the agency will answer your hiring questions. It’ll then prepare a personalized plan designed to help you engage with accounting and finance candidates. The agency will execute this plan, track your results, and make sure you’re able to add top talent without any delays or disruptions.
Your staffing firm is available whenever you need job placement assistance. The firm maintains a large talent pool that’s accessible year-round. Therefore, if your staffing needs change, the firm will assist you.
What an Accounting and Finance Staffing Firm Does
If you have previously dealt with hiring bias or other issues that have slowed down your hiring process, partner with a staffing agency. By doing so, your agency simplifies hiring in accounting, finance, and other areas.
An agency engages with talent in many industries. If you are on the lookout for finance and accounting talent but don’t know where to look, working with an agency is ideal. Your agency will find candidates who have the skills and experience for roles with your business. It will share information about these candidates with you, helping you quickly add to your team.
When you work with a staffing firm, you continue to focus on your business. As you do, the firm’s recruiters look for talent on your behalf. If they find candidates for accounting and finance roles, they will let you know. At this point, you can evaluate candidates and determine if they’re the right fit for your team.
What to Look for in an Accounting and Finance Staffing Agency
Learn about a staffing agency’s mission. Not all agencies offer services and support to companies in search of accounting and finance talent. Find a staffing firm that knows the ins and outs of the accounting and finance industries. This gives you access to recruiters who understand what it takes to recruit and retain top talent.
If you aren’t sure about how a staffing firm will handle your request, ask questions. Generally, the best staffing agency carefully reviews requests. Its team will give your request the attention it deserves, making sure you get plenty of help as you search for the best job candidates.
Select a staffing agency that has an outstanding reputation. By choosing an agency that’s earned its clients’ trust, you’re getting a proven commodity. The agency will do whatever’s necessary to find accounting and finance talent for your business.
Want Extra Help with Recruiting Accounting and Finance Talent?
At PrideStaff, we make it easy to get the right people, when you need them. If you are searching for accounting and finance talent, let us know. Our recruiters have a wealth of accounting and finance talent recruitment knowledge and insights. We’re happy to share what we know with you and help you recruit top talent.
Work with us to solve your accounting and finance staffing challenges. Our team can help you fill a wide range of roles across your team, helping you improve your bottom line now and in the future. To get started, contact us today.
