USA Finance And Accounting Staffing Services

1. US Staffing Industry: 1 Staffing Services: Staffing solutions come in a variety of forms to meet specific client needs, from short assignments to full-time hires. Here are definitions of the basic types of staffing services, as well as the occupational categories typically served by staffing firms. 2 Types of staffing services :  Placement: A staffing firm brings together job seekers and potential employers for the purpose of establishing a permanent employment relationship. Temporary Staffing: A staffing firm hires its own employees and assigns them to support or supplement a client’s workforce in situations involving employee absences, temporary skill shortages, seasonal workloads, and special projects. Temporary jobs can also lead to permanent placements. Temporary-to-Hire: A staffing firm employee works for a client during a trial period during which both the employee and the client consider establishing a permanent employment relationship. Long-Term Staffing: A staffing firm supplies employees to work on long-term assignments. Employees are recruited, screened, and assigned by the staffing firm.    3 Staffing Process :  Manpower requirements: The very first step in staffing is to plan the manpower inventory required by a concern in order to match them with the job requirements and demands. Therefore, it involves forecasting and determining the future manpower needs of the concern.  Recruitment: Once the requirements are notified, the concern invites and solicits applications according to the invitations made to the desirable candidates.  Selection: This is the screening step of staffing in which the solicited applications are screened out and suitable candidates are appointed as per the requirements.  Orientation and Placement: Once screening takes place, the appointed candidates are made familiar to the work units and work environment through the orientation programs. Placement takes place by putting right man on the right job.  Training and Development: Training is generally given according to the nature of activities and scope of expansion in it. Along with it, the workers are developed by providing them extra benefits of in-depth knowledge of their functional areas. Development also includes giving them key and important jobs as a test or examination in order to analyse their performances.  Remuneration- It is a kind of compensation provided monetarily to the employees for their

2. work performances. This is given according to the nature of job- skilled or unskilled, physical or mental, etc. Remuneration forms an important monetary incentive for the employees.  Performance Evaluation- In order to keep a track or record of the behaviour, attitudes as well as opinions of the workers towards their jobs. For this regular assessment is done to evaluate and supervise different work units in a concern. It is basically concerning to know the development cycle and growth patterns of the employees in a concern.   Promotion and transfer- Promotion is said to be a non- monetary incentive in which the worker is shifted from a higher job demanding bigger responsibilities as well as shifting the workers and transferring them to different work units and branches of the same organization. Nimble Accounting for US Staffing – Industry: 1 Nimble Accounting : Nimble accounting is a Software - as - a - service model (SaaS) application which provides access to all financial transactions in your organization to ease work of accountants and entrepreneurs to keep track of complete business transactions and timely analytics reports at any time. 2 Nimble for staffing agency: Nimble accounting offers a unique module for Staffing industry which has diversified features supports in managing various processes bills, payments, receivables. The staffing organizations can keep track of contributions made by employees, institutions and clientele separately. The organizations can understand the financial status at any time through automated timely analytics and reports. 3 Features :        Handles complex data, calculations, commissions, payables and receivables. Can enter, save and track all day – to – day transactions, expenses in operations. Can create ledger, journal books, and profit and loss statements. Complete payroll process can be performed. Various recurring transactions can be scheduled and automated. Keep track of your business financial status with timely analytics and reports. Profit and loss statements, expenses, payments, intercompany transactions, bank, cash account statements and all the information can be tracked. Lock & unlock the users to protect the privacy of the data. Can print multiple checks at a time. Gives notifications, alerts through pop-ups and mails to track your receivables & payables. A customizable platform to adopt with any staffing organization's rules and regulations. Cloning or copy the data of Accounts, Cards, Customers and Vendors can be performed. Schedule about loan repayments and alerts. Can track about your employees working hours for salary and commission payments. Visa status of the employees can be tracked.        

3. 4 Unique Selling Point :     Owner friendly accounting system More than 50 intuitive reports including LCA/GC compliance Can track each projects and complete financial information about them Can track complete business health at any time, without waiting for the accounting team to prepare for reports 5 Benefits to Staffing companies:      Saves lot of time and efforts by managing complex data and financial information. Protects the data, since the database is in cloud server and is accessible at any time Generates accurate reports, analytics at any time, and ease of use. Alerts and notifications helps as reminder to track your customers about payments. Automated payments helps in avoiding interests, and late payment fee. Content for Nimble Accounting: 1 Types of content that can be posted in website, blog :  Content for nimble accounting is created and curated with reference to the Nimble accounting software. Content about Features, Benefits & importance of the nimble accounting. Content about staffing industry: Updates about Legal Laws, News in staffing industry. Any suggestions, analytics, forecasting reports for staffing industry.  2 Target customers :US Staffing Agencies 3 Pain areas of staffing agencies : a. Rejection faced by employees to adopt to new technologies b. Well established team for accounts c. Loss of information and database d. High costs for hiring financial consultants at peak hours