TBOS has the capability to provide Back Office And Accounting Support to agencies makingninternational and currency placements. TBOS can raise the invoices in currency, help arrangenfunding with reputable invoice finance companies and provide credit control services to variousntime zones.
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More and more agencies are now looking outside of the UK to make contract and permanent
placements, often with lucrative results as many countries have skill shortages within certain
industries that can be filled by UK candidates. Whilst the rewards on international placements are
worthwhile, there are a number of precautions that need to be taken to ensure that you do not lose
any profit unnecessarily, especially on currency losses.Whilst in some cases you can make
profitable gains on currency, the large majority of the time there will be losses due to converting the
currency to sterling.
TBOS has the capability to provide Back Office And Accounting Support to agencies making
international and currency placements. TBOS can raise the invoices in currency, help arrange
funding with reputable invoice finance companies and provide credit control services to various
time zones. TBOS also has experience with providing compliance, taxation and contractual
information on placements within numerous countries worldwide. We also work closely with the
agency directors to provide advice and support on ways of reducing currency losses on placements.
For more information on how TBOS can help support your agency making International Contract
Placements, please contact our office.