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December 15, 2020Why Staff Augmentation?
Temporary staffing is an area where employers can make efficient large scale strategic savings on staffing requirements, keep a flexible effective workforce to hand and maintain staff through difficult times. The temporary staffing agencies will place temporary staff according to contracts available. This means employers will not have to outlay costs such as holiday pay, sickness benefits or other fringe benefits of permanent employment - except where official government regulations stipulate, temporary staff receives the same benefits.
Staying lean during these times also makes sense...
Time is key
Easy and fast mobilisation of skilled and Niche Resources
Increase Flexibility
Flexibility in ramping up and down of resources, staff levels can be managed to be at productive levels throughout the year
Reduce Cost
Savings on HR, Administration Cost, Staff costs such as healthcare, insurance, taxes and benefits
No Payroll Processing
No need to process payroll for the temporary staff or generate year-end tax documents
Recruitment Made Easy
All the advertising, screening, interviewing and reference checking needed to attract & qualify potential employees is not required
Reduce Training Cost
As they are pre-screened for the necessary skills, limited training is needed before the new employee becomes productive
related services
The role of the CFO and the corporate controller’s group continues to grow and evolve beyond managing the company’s books. It is an increasingly critical role and they are relied upon to manage strategic accounting and financial reporting work that is core to communicating company performance.
Our income tax compliance process ensures the accurate and up-to-date administration of your direct and indirect taxes. Our tax advisors will help you save precious time spent on mandatory activities, assuring your company’s compliance with local tax regulations, such as: preparing the tax returns/tax filing, solving the local tax authorities’ enquiries and representation during inspections.
Slow, manual, error-prone processes, ERP systems that aren’t optimized, high costs, a lack of control and visibility into data. These aren’t just problems that pop up in a single department within finance, like accounts payable. They extend across all financial process chains, including procure-to-pay, order-to-cash and record-to-report.
FinsQ’s Accounts Payable outsourcing services at India are focused at transforming our customers entire payment activity by effectively automating the processes of documents management, transaction management, exception resolution, elimination of duplication and disbursement-related services.
