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SERVICES
What we offer
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.
What We Offer
Accurate Data for Comprehensive Management Accounts
Our detailed bookkeeping and data entry ensure that every financial transaction is accurately recorded, forming the foundation for precise management accounts.
Seamless Integration with Financial Tools
We integrate with platforms like Google Sheets, Xero, and others, allowing us to manage your data quickly and accurately, ensuring your management accounts are always up-to-date.
Customisable Dashboard for Real-Time Insights
Our secure, user-friendly dashboard allows you to track KPIs and financial performance in real-time. With the ability to pull data from various platforms, the dashboard can be customised to your specific needs.
LLM-Powered Instant Data Insights
Our integrated LLM provides instant answers to your data-related questions, helping you compare and understand your financial data quickly, while our expert team is always available for deeper analysis.
Accurate Reporting and Commentary
We prepare detailed management accounts with in-depth commentary and visuals to explain the numbers, making it easy to track your agency’s performance and profitability across different departments and disciplines.
KPI Tracking and Reporting
We track key recruitment KPIs like Time to Fill, Cost Per Hire, Placement Rate, and more, helping you monitor recruiter productivity, placement efficiency, and financial performance. These insights allow you to streamline operations and increase profitability.
Revenue Recognition and Profitability Reporting
We provide detailed reports that recognise revenue across different placements, ensuring you can easily track profitability by client, department, or recruiter.
How We Work
Monthly Reconciliation of Balance Sheet Accounts
We reconcile balance sheet accounts monthly, ensuring accuracy and full transparency, making it easy to handle audits, due diligence, or other financial checks.
Daily Bank Reconciliations
We perform daily bank reconciliations to ensure that your financial data is always up-to-date, helping you stay on top of your cash flow and financial obligations.
Comprehensive Management Accounts Delivered on Time
We meet the deadlines we set with our clients, ensuring that your management accounts are delivered accurately and on schedule, allowing you to make timely, informed decisions.
Actionable Insights for Growth
Our management accounts go beyond the numbers. We deliver actionable insights and work closely with you to help your agency improve profitability, efficiency, and overall performance.
In-Person Review of Management Accounts
We don’t just send you reports—we meet with you to walk through the management accounts, answering questions and offering suggestions for improvement. This hands-on approach ensures that you fully understand your agency’s financial health.
Why Choose GenZed?
Choosing GenZed as your finance department on demand, you benefit from knowing your agency’s financial data is always accurate and up-to-date with seamless integration across platforms. We track KPIs that matter the most to your agency. Regular reconciliations and in-person reviews ensure transparency and informed decision-making to drive growth. Our detailed bookkeeping supports precise management accounts, with LLM-powered answers and expert guidance making your data easy to understand and act on. Let GenZed handle your management accounting needs, while you focus on growing your recruitment agency and placing top talent in the right roles.
◾ Seamless integration with Google Sheets, Xero, and other tools ensures your financial data is always accurate and easy to access.
◾ Our AI-powered LLM offers instant insights into your data, making financial comparisons and analysis easy.
◾ Detailed bookkeeping and data entry provide the foundation for precise, in-depth management accounts.
◾ Customisable dashboard with simple visuals makes it easy to track KPIs and financial data in real-time.
◾ We track recruitment-specific KPIs such as Time to Fill, Cost Per Hire, and Placement Rate to help you monitor your agency’s performance.
◾ Our monthly reconciliation of balance sheets and daily bank reconciliations ensure all financial data is accurate and transparent.
◾ We meet regularly to discuss your management accounts, providing expert advice on areas for improvement.
◾ Our experience in the recruitment industry allows us to offer detailed commentary, helping you understand profitability and key metrics across your business.
◾ We provide backup and workings for all calculations, making audits, due diligence, or external reviews smooth and easy to manage.
◾ Detailed revenue recognition and profitability reporting help you assess performance across clients, departments, and recruiters.
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EXPERT CONSULTANCY
Book Your Free Consultation
EXPERT CONSULTANCY
Book Your Free Consultation
Drive growth and streamline your finances with GenZed. Get free consultancy today and discover how we can support your recruitment agency’s success.