6 tips for choosing a legitimate background check firm

Your staffing service provides a valuable commodity: people. And just like any other business, you need to ensure your commodity meets certain standards before it heads out your door to your customer. Performing a background check on your temporary employees gives you peace of mind knowing you’re sending out an employee who is a perfect […]

How Factoring Can Help with Accounts Payable

In a perfect world, you would send an invoice to a client and the client would send you a check upon receipt. But in reality, it hardly ever works that way. Instead, you send an invoice, and it could be 30, 60 or even 90 days before you get paid, which can make it difficult […]

Advantages of Payroll Funding for Staffing Companies

Being the middle man can have its disadvantages, especially if you’re a staffing agency. The payment structure that makes staffing agencies profitable – invoice for services – causes delays in payment processing that can make it difficult to pay employees on time. However, there are organizations that specialize in payroll funding for staffing companies that […]

How to Start The Payroll Factoring Process

You’ve completed a TemPay application for temporary payroll factoring, been approved, and are ready to begin your funding relationship with TemPay. Now what? Here are the 3 steps to get your company ready for your initial payroll funding: TemPay’s processing department will advise you on our process and procedures and how to send your payroll/billing requirements to […]

Full-service versus money-only payroll factoring

Most factoring companies offer two payroll factoring options: money only and full service. Money-only factoring is strict payroll funding without any additional services. With full-service factoring, the factor provides administrative support, including filing payroll taxes, sending invoices, paying temporary employees and making collections. Both options have their merits, and your choice depends on your staffing […]

Why staffing agency software isn’t just for large firms

Staffing agency software is designed for a wide range of staffing agencies — regardless of employee size, revenue or the complexity of your operations. It can be tempting to think that smaller firms can get by with spreadsheets and generic accounting software, but that’s just not the case anymore. Today’s best staffing agency software solutions […]

Why your payroll funding strategy can help – or hurt – your marketing efforts

Investing in marketing initiatives such as social media, direct mail and paid advertising can help your staffing firm move the needle on building your client base. But if you’re trying to keep costs in check, marketing is often one of the first investments that gets cut from the budget.   Want to make marketing a […]

Why is payroll factoring an effective form of financing for small businesses?

Payroll factoring is a perfect form of staffing agency finance for small businesses because the process is quick and easy. In payroll factoring, you sell your accounts receivables invoices for a fee to obtain immediate cash. Your clients then pay the factor. This type of staffing agency finance allows you to manage your agency’s cash […]

Five Steps To Winning Over An Unhappy Customer

No matter how careful you are, something is eventually bound to go wrong with a customer account. How your team responds to a dissatisfied customer can be the difference between lost business and a renewed relationship. Here are five steps to take to turnaround a bad situation — and to make sure it doesn’t happen […]