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Tenon Outsourcing launches Tenon Timesheet Pay & Bill

Tenon Outsourcing launches Tenon Timesheet Pay & Bill
         Back-office solution for the recruitment sector designed to save time and money
Tenon Timesheet Pay & Bill, a flexible back-office system for recruitment agencies placing temporary staff, launches today.  It integrates client billing, candidate management and financial reporting in a comprehensive and cost effective way. 
The system removes the need for temporary recruitment agencies to carry out internal back office functions and offers benefits, such as access to online time recording for temporary staffs working hours. 
The online time recording automatically generates accurate client invoices.  Quicker dispatch means that payments are paid faster which improves cash flow for agencies using the service.  Temporary workers are also paid on time as the system automatically feeds through to Tenons payroll service.
The significant benefits of outsourcing solutions are not confined to cost saving in the current difficult economic climate business owners and managing directors are increasingly turning to outsourcing in order to focus on business promotion and development issues which are crucial to the survival of their business.
Richard Fifield, Managing Director of Tenon Outsourcing, said:
The recruitment sector is feeling the pinch of the global economic slowdown, making it an even more competitive marketplace.  Tenon Timesheet Pay & Bill addresses three key issues that could mean the difference between make or break: reducing overhead costs, increasing cash flow and improving insight into business performance.  Principals will be able to see at the press of a button the gross profit deal by deal, consultant by consultant, thus enabling them to better informed and faster business decisions.
Tenon has considerable experience working in the recruitment sector, offering practical advice across a range of issues, including performance improvement, tax and VAT planning, Corporate Finance and Recovery.  Additionally, Tenon Outsourcing is a leading UK financial outsourcer to entrepreneurial business.


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