The recruitment industry’s finance team
In a sector as competitive as recruitment, you need to be sure you’re making the right decisions, every time. This is where A&B’s expertise and experience can add value to your team. We give you the data and insights you need to make better decisions that will help you to grow your business.
Here are some of the ways we help recruitment businesses to thrive.
Management accounts and quarterly reviews
You demand the highest standards from your teams. To keep ahead, you need to know exactly how well they are performing against your business objectives.
The experienced team at A&B makes that process much simpler. We will help you to produce monthly or quarterly management accounts, giving you a clear insight into your key numbers. These insights aren't just simple updates on your sales either. We will help you get the full picture of your balance sheets, with a clear sense of your costs and profits too.
We will also hold quarterly review meetings with you to help you to track exactly where you are against your objectives - and provide actionable insights into next steps.
Commission and bonus structure
Your business and your reputation depend on having the very best recruiters in your team. A key part of attracting and retaining this talent will be your commission and bonus structure. It is how you reward your top performers and incentivise everyone to be at their best.
We have extensive experience in working with these kinds of schemes. To ensure that you are getting the best out of yours, we will review your current commission or bonus model. We will look at its effectiveness, analyse its impact on performance and then advise you on how it could add even more value to your business.
We will also provide you with in-depth analysis of exactly how profitable your individual consultants are. And finally, we will make recommendations on improvements to help you to beat your competition – invaluable in such a tough sector.
Cash flow forecasting and budgeting
Budgeting effectively is essential to any business - but we also know that it is not always easy to do it accurately. Demand in the recruitment business is always uncertain, and in the current climate the only thing we can predict is that this volatility will continue.
If you are struggling to correctly forecast key financial aspects of your business, then you need the partnership and expert support we provide at A&B.
Our cash flow forecasting and budgeting experience and expertise will help you to plan your budgets in detail to achieve your key goals. We will help you to put plans in place for any challenges ahead, and to prepare for any unexpected outgoings.