Agile Turnkey™ streamlines the onboarding process and ensures compliance, freeing up staffing firms to focus on client acquisition and placements, while reducing the costs associated with non-compliance and increasing profitability through efficient operations.
Agile Turnkey™ provides an efficient payroll processing and filings service which reduces the time and cost associated with these tasks, enabling staffing firms to focus on revenue-generating activities and enhancing profitability.
By managing timesheets, Vendor Management Systems (VMS), and Managed Service Providers (MSP), Agile Turnkey™ eliminates the administrative burden, allowing staffing firms to concentrate on their core business, thereby reducing operational costs and boosting profits.
Agile Turnkey™ allows us to handle all of the basic HR queries which reduces the need for staffing firms to maintain a large HR team, thereby cutting costs and increasing profitability by allowing them to focus on their core business.
By handling benefits administration, Agile Turnkey™ allows staffing firms to focus on client and candidate engagement, reducing overhead costs and increasing profitability through improved employee satisfaction and retention.
Agile Turnkey™ offers a comprehensive data and reporting service which provides staffing firms with valuable insights to make informed decisions, reducing the time spent on data analysis and increasing profitability through strategic decision-making.
By managing invoicing and accounts receivable, Agile Turnkey™ reduces the administrative load on staffing firms, allowing them to focus on revenue generation and increasing profitability.
Agile Turnkey™ has an embedded payroll funding solution which reduces the financial burden on staffing firms, allowing them to focus on growth and profitability without worrying about cash flow issues.
By handling client contracts and redlines, Agile Turnkey™ reduces the legal complexities for staffing firms, allowing them to focus on client relationships and placements, thereby reducing costs and increasing profitability.
By managing insurances and Certificates of Insurance (COIs), Agile Turnkey™ reduces the risk and administrative burden for staffing firms, allowing them to focus on their core business, thereby reducing costs and increasing profitability.
Without Agile Turnkey™, a staffing firm has two options. They can either hire, manage, and operation an in house back office and compliance team and equip them with all the supporting software, processes and infrastructure, or they can pay an Employer of Record to handle many of the tasks. Hiring in house is tremendously expensive, time consuming, and can be stressful to manage. The EOR option can be a great fit when the firm is smaller, but as it scales up the costs of an EOR model can tend to erode the staffing firms profitability as it grows. The Agile Turnkey™ model stands as a cost-effective solution for staffing firms, particularly as they scale up.
According to multiple staffing associations, most staffing firms in the USA spend around 21.3% of their revenue on Sales, General, and administrative (SG&A) expenses. While the bulk of this number is labor and salaries for salespeople, executives, and recruiters, a substantial portion is on back office, compliance, and supporting software and third-party organizations.
When a firm starts using Agile Turnkey™, that firm can reasonably expect to reduce their SG&A spend by roughly 1%, which results in a 15%+ increase in EBIDTA! This cost savings arises from the firm not having to spend time, money, and resources on either EOR fees or the recruitment, hiring, training, and ongoing management and support of an internal back office team.
Naturally, any increase to EBIDTA results in an exponential value on market value of the business itself.
By outsourcing back office operations to Agile Partnering, staffing firms can focus on their core competencies such as finding clients and making placements. This not only reduces stress but also increases efficiency. Agile's BPO Agile Turnkey™ solution offers a streamlined and proven process, backed by expertise in the field, ensuring smoother, faster, and more compliant operations.
As a staffing leader, you no longer have to worry about your payroll person quitting, your compliance team needing training, or having to figure out and implement yet one more back office process. Agile Turnkey gives all that to you on day one.
The Agile Turnkey™ model facilitates increased compliance and reduces disruption risk from attrition in the back office. Not only does Agile bring industry leading expert compliance and embedded process to your business, but the Agile executive team will also help facility introductions to other industry experts.
Agile Turnkey™ comes readymade with embedded payroll funding for staffing firms eager to expand swiftly without the burden of payroll float. This unique payroll solution allows you to capitalize on your clients' credit through invoice factoring. As an invoice factoring solution for staffing firms, it eliminates cash flow restrictions, paving the way for unhindered growth.
With Agile Turnkey™, payroll funding for staffing firms becomes a seamless process, enabling you to focus on your core business. Experience the freedom of growth without financial constraints with our embedded payroll funding and invoice factoring for staffing firms.
