Whether you’re an owner with a company in growth mode, or an established company looking to build your brand, you may be focused on sales and recruiting. This is only natural.
But back-office savings can help you achieve your goals in growth and extension. As employment cycles swing up and down, this can be crucial to your business’s healthiness.
Let’s look at three ways staffing firms can enjoy the benefits of back-office support.
Benefit #1: Bigger margins, Less Paperwork.
This is a big one. Savvy staffing firm owners know that there is magic in the margins, when it comes to profit and growth. In addition, less paperwork gives you more time and energy to focus on what you do best: sales, recruiting, and service.
At Madison Resources, we provide 100% of the back office support your staffing firm needs. From outsourced payroll services and outsourced billing services to our complete back office support solutions.
All back office services are conducted to your specifications, with your branding by a team of professionals. And all included under our one-fee structure.
Benefit #2: Streamline and Professionalize Your Payroll Services.
This service not only allows you to professionalize your businesses but also reduces your risk, with a professional team on call and on your side.
For example, at Madison, we offer multistate payroll processing, which helps you in growth mode and eases worries about expansion.
You’ll also get printed checks or direct deposit with online paystubs; in-house staff payroll; an online payroll processing application; an online timecard system; and multistate new hire reporting. All of this will add to your professional luster and keep your staffing associates and your clients happy.
On the risk factor, we provide the data for all workers’ compensation reporting and audit; census reporting and ACA reporting required as well as PTO & sick pay tracking and reporting.
That should help you sleep well at night!
Benefit #3: Payroll and Tax Services
You’ve probably just been through tax season, and hopefully, that wasn’t a problem. But back office support can help you with payroll tax filing and W2 processing.
Again at Madison, we provide annual W2 processing; tax withholding and unemployment returns; electronic payments of federal, state and local payroll taxes; and quarterly tax filing package for recordkeeping; as well as state registration guidance. This will help you grow and keep you out of tax trouble.
There are other benefits as well. For example, Madison will assess your client’s credit, which will solve headaches or failed business relationships.
Back office can save you time and money.
Are you looking for solutions from a company that gets staffing companies?
At Madison, we provide unlimited payroll funding; Cloud-based ATS/CRM technology and reporting available to you 24/7; fully outsourced (and scalable) back office support; and expert business advice. Give us a call today and see how we can make your growth successful.