Streamlined Administration
The recruitment industry relies heavily on the processing of paper-based timesheets and invoices. The average error rate on an invoice is 15%, caused by the laborious tasks of creating, submitting, processing and matching both timesheets and invoices. Essential details are often omitted from agency invoices which create additional work for companies in solving such queries.
The conventional means of handling multiple time sheets and the collation, reconciliation and payment of invoices typically adds around 12% to agency service costs.
The Chartered Institute of Purchasing and Supply calculates that the processing of each invoice equates to £50.06 for the receiving company.
Our solutions are supported by a unique web-based timesheet and invoice processing system, e-tips®, which eliminates transactional costs and removes the administrative burden of processing multiple timesheets and invoices, delivering one single consolidated invoice a week. The typical invoice error rate of 15% is reduced to zero. The use of e-tips® helps our clients to save considerable amounts of indirect costs and may help them to reallocate valuable internal resources.
One weekly accurate consolidated invoice per week - no administration cost or burden.
As e-tips® removes the need for paper-based timesheets and invoices we are helping the environment by reducing the destruction of trees and helping to contribute to our clients own environmental targets. During 2010 alone, we saved 367 trees from being destroyed.
