Need free consultancy? Book Now
Empowering Growth with Expert Bookkeeping and Strategic Insights
Precision Bookkeeping for Your Recruitment Agency. Gain Strategic Insights for Smarter Decisions.
About us
Al-powered finance department on demand
Breaks Agency
Genzed are brilliant, plain and simple. They make my working life monumentally easier and are absolutely essential to the smooth running of my business.
About us
Al-powered finance department on demand
We specialise in providing tailored financial management services for recruitment agencies. With a deep understanding of the recruitment sector, we combine expert bookkeeping with our proprietary software to offer real-time insights into cash flow, KPIs, payroll, and more. Our seamless integrations with Xero, Google Sheets, and other tools ensure your agency is always in control, helping you make smarter decisions for sustainable growth.
- Bookkeeping solutions tailored for recruitment agencies.
- Combining expert services with seamless tech integration for better insights.
- From cash flow to payroll, we deliver personalised financial management to help recruitment agencies thrive.
Services
What we offer
Accounts Payable
At GenZed, we understand the unique financial complexities faced by recruitment agencies. Managing vendor payments, employee and contractor expenses, and balancing cash flow is crucial to maintaining smooth operations. Our Accounts Payable service is designed to simplify these processes. Using advanced tools like Dext, Hubdoc, and other receipt management software, we streamline and automate invoice and expense handling, with AI-driven error checking for reliable accuracy. This gives you the financial clarity and control needed to focus on matching talent with the right roles while we handle the financial management.
Accounts Receivable
At GenZed, we recognise the unique financial demands that come with running a recruitment agency. Managing client relationships, handling multiple contracts, and ensuring timely payments are essential for keeping your agency’s cash flow healthy. Our Accounts Receivable service streamlines your invoicing and collections process, while also nurturing relationships between your agency and your clients’ finance teams. By blending expert oversight with advanced technology, we take care of daily bank reconciliations, personalised client follow-ups, and accurate reporting, allowing you to focus on placing the right talent while we manage your receivables.
Advisory
At GenZed, we provide comprehensive Advisory services designed to help recruitment agencies optimise their operations, improve financial performance, and make smarter, data-driven decisions. By leveraging technology like Google Sheets, Xero, and custom dashboards, we provide real-time access to your data, enabling us to offer tailored, actionable advice to drive your business forward.
Ad-hoc Analysis
We offer Ad-hoc Analysis services specifically designed for recruitment agencies, combining advanced technology with the expertise of our dedicated team. We understand the complexities of managing a recruitment agency, from tracking placements and commissions to monitoring revenue and expenses. Our customisable solutions, combined with deep industry knowledge, enable us to provide you with tailored financial insights. We work closely with you to ensure that you have the data you need to make informed, strategic decisions, while our expert team is always available to deliver personalised service every step of the way.
Billing
At GenZed, our primary goal is to help recruitment agencies manage their billing processes promptly and accurately, ensuring your cash flow remains smooth and your operations run efficiently. Our comprehensive services streamline everything from time-based billing to subscription retainers, allowing you to focus on growing your business while we take care of the financial details.
Bookkeeping
At GenZed, we offer comprehensive Bookkeeping services tailored specifically to the unique needs of recruitment agencies. Our services combine advanced technology with in-depth financial expertise, ensuring your data is always accurate, up-to-date, and accessible. Consider us your finance department on demand. By integrating with platforms like Google Sheets, Xero, and more, we ensure seamless data management to strengthen your agency’s financial health and empower informed decision-making.
Budgeting & Forecasting
Our deep expertise in the recruitment industry allows us to offer Budgeting and Forecasting services tailored for recruiters. Combining hands-on service with advanced technology, we deliver accurate financial insights aligned with your goals. Acting as your specialist finance department on demand, we work closely with your team to create budgets and forecasts that drive growth. Through seamless integration with tools like Google Sheets, and Xero, plus a customisable dashboard, we make financial management easy and effective.
Cash Flow Management
At GenZed, we understand that effective cashflow management is crucial for recruitment agencies to thrive. Cashflow issues can hold back growth, and we’re here to ensure your agency stays financially healthy. By combining hands-on service with advanced technology, we offer tailored Cashflow Management solutions, so you can focus on growing your business. With our extensive experience in working with recruitment agencies, we’re well-versed in handling unique challenges such as sales conversion rates, targets, and managing invoice discounting and loan facilities to ensure a smooth cashflow process.
Cap Table Management
We understand that recruitment agencies often don’t need to update their cap tables frequently, but when changes are necessary, accuracy and efficiency are essential. Our Cap Table Management service ensures that every adjustment is handled smoothly, allowing you to focus on driving your business forward. Whether you’re raising investment or managing equity distribution, we provide the tools and support to keep everything in order.
KPI Management
At GenZed, we offer specialised KPI Management services tailored to the needs of recruitment agencies. Tracking and analysing key performance indicators is essential to streamline your recruitment process and improve agency performance. Mirroring an in-house finance team, we help you monitor crucial metrics like Time to Fill, Cost Per Hire, Placement Rate, and more, enabling you to make informed, data-driven decisions that drive success and growth in your agency.
Management Accounting
At GenZed we mirror an in-house finance department, offering comprehensive Management Accounting services specifically designed for recruitment agencies. Our service provides deep insights into your financial performance, enabling you to make data-driven decisions and improve profitability. With seamless integration with tools like Google Sheets, Xero, and others, we ensure that your financial data is handled accurately and efficiently, providing you with detailed management accounts that track your key performance indicators (KPIs) and financial metrics.
Payroll Management
At GenZed, we understand that recruitment agencies often have complex payroll needs, from managing the payroll of permanent team members to handling freelancers, bank staff, and contractors. Our payroll service is designed to streamline every aspect of payroll management for recruitment agencies, ensuring your staff—whether salaried or hourly—are paid accurately and on time. We also manage commissions, bonuses, and other variable pay structures, allowing you to focus on growing your agency without worrying about payroll complexities.
VAT Returns
Managing VAT for recruitment agencies can be a time-consuming task, with complex transactions involving staff placements, contractor payments, and operational costs. At GenZed, we streamline this process by combining advanced AI technology with expert oversight to ensure all transactions are accurately recorded and all legally reclaimable VAT is captured. Using tools like Dext and Hubdoc to process invoices and receipts, our team reviews every entry, while AI verifies the accuracy of VAT applications. With our meticulous approach, we help recruitment agencies stay compliant, maximise VAT reclaims helping to improve cashflow, increase profit margins, and ensure audit readiness.
How we work
Our Proven Processes
Testimonials
What Our Clients Say About Us
Illa Sharma
Genzed are always a pleasure to work with. Every interaction has been marked by professionalism and a genuine dedication to our success. Their exceptional team not only simplified our complex needs but anticipated and solved issues before they could even arise.
Tom Kirkby-Jones
Genzed have transformed our business; not only have they given a level of financial transparency we desperately needed to make better decisions, but also they’ve given indispensable advice and they’re always there to support. We wouldn’t have had a year like this without them.
Join us in
three easy steps
Get in touch
Get in touch to find out how our accounting and bookkeeping solutions can streamline your finances and boost your business.
Chat to an expert
Chat with our experts today for tailored accounting and bookkeeping solutions to enhance your business performance.
Get a fixed quote
Secure a fixed quote today for accurate pricing on our expert accounting and bookkeeping services. No surprises, just great value.
Talk to us
Get in Touch
Frequently Asked Question
Find answers to key questions about our bookkeeping and accounting services.
Our Location
Office Near You
newsletter
Subscribe to Our Newsletter
newsletter
Subscribe to Our Newsletter
Receive expert tips and insights on accounting and bookkeeping to help grow your business with confidence.