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How Temp Agencies Can Help Recent Grads Find Employment

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You’re finished with your studies, but now the real challenge begins: finding a job that allows you to apply that pricey degree. Many recent graduates stumble and have a harder time finding their dream job than they thought they would. According to Money magazine, it takes the average graduate from three to nine months to find a job after college. Depending on your field and the local economy, it can even take longer than that. However, you can shift that average in your favor by going to a temp agency first. Temping can benefit your longer term job search in many different ways.

 

Get Career Experience

One of the things that can stand between a recent grad and a great job is experience. If you have never held a real job, your resume will look a little slim when compared to those with a longer history. Looking for temp jobs in your industry, even if they are not in your specific field, can help you get some job experience to fill in the gaps in your resume.

Plus, you’ll get experience relevant to the job you eventually want. No matter what field you are in, learning to juggle multiple tasks and learning on the fly can be of value. This is a skill that transfers. Just being in the workplace and getting used to the rhythms of a full-time job can prepare you for your permanent position and help the transition into that job go more smoothly.

 

Make Connections

The ironic reality of job hunting is that most jobs are never listed. No matter how much time you spend on job sites and classified ad pages, you’ll never see listings for some of the best positions. Instead, they are offered through internal channels; the average job-hunter will never find out about these openings because they’re filled through word of mouth. This can make it especially hard for someone right out of school to find a good position.

However, when you start temping, you start meeting people. You will get a chance to show off your work ethic, your problem-solving skills and your people skills to potential employers. If the people who you work for and with see that you are an asset in the workplace, that will go a long way toward building trust.

Even if the company where you are temping is not hiring, you may come into contact with people who know businesses that are. These coworkers may hear about openings through the grapevine, which they will then pass on to you.

When you are temping, it’s vital to make an effort to get to know people and form relationships. These relationships can help you find out about all of those unadvertised positions that may just be perfect for you.

 

Wait for the Job You Really Want

If you have student loans, then you know that you only have six months before you need to start paying them back. Most grads don’t want to move back in with their parents for long. If your folks are helping with the costs of an apartment, you probably already know that they can’t do that forever. Because of this, getting a steady paycheck is a high priority.

For some people, the need to start earning money right away can lead them to take any job in their field, even if it does offer the work that they want, or the pay and benefits they need. Then, once they’ve taken a full-time job, they can be stuck. They may feel that it’ll look bad to jump ship too quickly or that they don’t have time to look for new jobs at all.

When you add temping to the mix, however, you are able to stretch your search for the perfect job as far as you need to. The paychecks will help you keep the lights on and your student loans up to date. And, the flexibility of temping means that you can carve out days for interviews when you need them.

 

You’ll Learn That It’s Easier to Find a Job When You Have a Job 

Job-hunting brings yet another apparent paradox: employers are far more likely to choose candidates who are currently employed than those who do not have jobs. According to a report on NPR, many employers say that they feel more comfortable hiring someone who is working. They say that these applicants look more responsible. They like the fact that this workers was an attractive hire for their current company.

When you list your current agency as your employer and share the skills you have been acquiring, you will find that you look a lot better than an applicant who has a huge gap after graduation.

 

Turn a Temp Position Permanent

In some cases temp positions are offered because an employer needs extra help dealing with a backlog of work. In others, the position is offered to temps because a current team member is on leave. The third reason for most temp positions is that a permanent employee has left and the boss wants to try out a few people in the position before filling it. Do well as a temp, and the job could be yours.

In some cases, employers who are impressed with a temp’s performance will go so far as to create a new position at the company for them. People who make their own way like that get to guide their careers in the direction they want from the start.

Working with temp agencies has a million upsides for recent grads who are just beginning to feel out the working world. At a temp job, you’ll learn about life in the office and get the information that will help you decide where you want to be later on in your career. If you are graduating soon or just got out of school, look up the temp agencies near you. It’s a chance to get your bearings in the workplace and jump start a successful career.

 

Additional Resources for Graduates Looking for Employment

 

LinkedIn
One of the better places to start is with LinkedIn. While not a traditional job site, it is one of the most valuable. You should carefully construct your profile for optimal results. If not, now is the time to build one and perfect it for the job search.

 

Indeed
Indeed is one of the single largest sources of job postings online. Highly recommended it’s a job aggregator, meaning it draws postings from company websites, other job listing sites, jobs posted in niche industry websites, jobs posted in online classifieds, and other places like TemPositions.com!

 

StartJobs.net
StartJobs offers a seamless user experience by using a unique algorithm allowing users to find the perfect career fit within a certain radius.

 

After College
Their vision is to help every college student and recent graduate discover their career path. In their 15 year history, AfterCollege has become the largest career network for college students and recent graduates.

 

Grad Staff
GradStaff serves as a career matchmaker, helping companies find the ideal fit for open entry-level positions, while also helping recent college graduates discover how their transferable skills and abilities translate into the workforce.

 

College Recruiter
They help college, University students and recent grads find internships, entry-Level jobs, and careers.

 

Cool Works
Cool Works gives recent grads the chance to embark on experiences that enhance their lift and the lives of others, change the way they interact with the world and connect them with amazing places they may want to live.

Sources:

http://blog.advancedresources.com/how-temp-work-can-help-your-career/

https://www.totaljobs.com/careers-advice/content/10-benefits-of-temping-074

http://www.npr.org/2010/11/16/131367533/some-will-only-hire-if-you-already-have-a-job

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How Does a Temp Agency Work?

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How Does a Temp Agency Work?

Temp agencies are often used by a huge variety of industries. The primary advantage of a temp agency is that companies looking for large volumes of temporary work can be easily connected with the required talent – but over recent years, many such agencies have become even more robust, offering temporary, temp-to-hire, or even permanent jobs, in some cases.

However, there remains some confusion about the precise role of a temp agency – both for clients and for candidates. Clients often wonder what they’re paying for – why not find candidates ourselves? And candidates are sometimes concerned that they’re simply being used, and may be hit with hidden costs, fees, or miss out on benefits of other work.

We’re here to break down the basics about how temp agencies work, both for clients and for candidates.

Infographic - How Does a Temp Agency Work?
Infographic – How Does a Temp Agency Work? (click to enlarge)

How do Temp Agencies Work for Clients?

Here’s the breakdown of how a temp agency relationship works for clients, step-by-step.

1. Client Companies Contact a Temp Agency

The first step is working out exactly what kind of staff you need. Generally, temp agencies will ask for pertinent information about the type of work being done, job descriptions, job expectations, skills required, and so on. After this initial consultation is finished, the process of finding the required candidates begins.

 

2. Candidates Are Identified

Using third-party search tools, as well as in-house databases on contacts, candidates, and recruits, the agency takes the particular requirements of the client company, and begins searching for suitable candidates – candidates who have the required skills, experience, and knowledge to perform ably in the given job position.

This is one of the most important services that temp agencies provide – searching for and finding desirable candidates isn’t always easy, and most agencies have in-house databases and dedicated staff who can ensure that the process goes as smoothly and efficiently as possible. This decreases the time taken for the hiring process, which allows open positions at client companies to be filled quickly and effectively.

Once candidates are identified, they are contacted and interviewed.

3. Contact and Interviews

The temp agency reaches out to the appropriate candidates and informs them about the job opening. Generally, candidates who are new to the agency are asked to undertake a battery of tests that will ensure they are suitable for work, after which the agency will usually begin asking them to come in for a physical interview, or an interview conducted over the phone or through an online interview via Skype.

Interested candidates are then spoken to, and vetting and background checks are done to ensure that they are not misrepresenting their skills. If everything checks out and the candidate is a good fit, they are then placed by the temp agency into the position open in the client company.

4. Placement and Remuneration

Once the employee is placed in the client company, they begin work. Technically, the worker in question is an employee of the temp agency – which is why they deal with remuneration, work scheduling, taxes, and other basic employer tasks.

Work schedules are made per the length of time required for an assignment, and changed depending on client requirements. When the period of work concludes, the worker is removed from the client company, and then begins seeking other work.

During the contract period, the client company pays the temp agency a set rate per worker, depending on the hourly wages and fees associated with that worker, along with a markup that’s passed on to the agency.

5. Understanding Markups

Markups are what often make people question the need for a temp agency – why pay $32 an hour to a third-party temp agency when an employee is only making $24 an hour?

Well, the fact that the agency is responsible for the worker, their performance, and for finding and placing the worker in the appropriate position is the primary reason that they make a surplus – after all, great service isn’t cheap, and good candidates can be hard to find fast.

In addition, $24 an hour isn’t really $24 an hour. The temp agency is responsible for a number of taxes and fees including payroll taxes, paying the recruiter, company rent, paying for ad postings along with employee insurance and benefits. Combining all of these costs is how the temp agency creates the appropriate markup for each client.

Good service and fast responses aren’t free. Temp agencies aren’t cheap – not as cheap as hiring workers yourself – but the opportunity cost of work being delayed and other issues can often hurt your bottom line.

How do Temp Agencies Work for Candidates?

Here’s how a temp agency works from the candidate side.

1. Candidates Apply to The Temp Agency – Or Are Contacted Directly

Often, large temp agencies have a large pool of candidates already, as many professionals submit their information to them directly in hopes of finding good temporary work assignments. These are usually the first resources that agencies will go to for candidates. If there are no appropriate candidates, other third-party HR resources can be used to find appropriate persons for any given position.

Regardless of the way that a candidate is found, the candidate will be contacted by the temp agency, and informed of the position that is available to them. The candidate will perform basic tests if necessary, and then be vetted and interviewed to ensure they are appropriate for the task at hand.

Once interviewed, all candidates will be placed in a database for consideration for future work.

One misconception that some candidates have is that they must pay a temp agency. We’ll say it in bold:

 

They make money by profiting off of a client’s immediate need for short-term work – by providing your services to the agency, you’re helping them make a profit. You absolutely never should have to pay for job placement. If you do, you’re being scammed.

2. Candidates Are Placed in An Appropriate Position

This may take some time – depending on the skills of a candidate. Once an appropriate position is open, a candidate will be contacted by the temp agency if they are determined to be a fit.

The agency will provide the candidate with all of the pertinent details of the job – required skills, dress code, location, requirements, scheduling, and so on. Once the candidate agrees to the job, they are sent to the appropriate location to begin work.

3. Candidates Are Handled by The Agency For The Duration Of Work

When you work for a staffing corporation, you’re not technically employed by the client company. The temp agency that hired you will take care of payments, taxes, scheduling, and other basics, as well as handle complaints – both from workers and from client companies. The temp agency also handles the candidate’s benefits including insurance, vacation, retirement plans and child care assistance.

The worker will show up to the specified location, begin work, and continue in that manner until the conclusion of the duration of their work term, receiving payments, schedules, and so forth from the staffing agency.

4. At the End of Work Term, Candidates May Inform Temp Agencies of Further Work Needs

A candidate/temp agency relationship doesn’t usually end after just one job. If performance was good, and a candidate makes it clear that they are seeking more temporary work, another assignment may be found relatively quickly, and the candidate may be placed in a new position at a new client company. The agency only makes money if the temp is out working so their goal is to find the temp as many jobs as possible. The temp can aid in this process by keeping the agency updated on their availability so the agency can notify them when a suitable position becomes available.

Doing so allows a temp company to continue providing work to good candidates, and helps candidate, earn a steady income.

Conclusion

Hopefully, this article has helped clear up how a temp agency works. By providing short-term, skilled work for clients in need, they make a small profit, which allows them to find appropriate candidates quickly and easily.

Temp agencies aren’t magic – they can’t replace your HR department, and they’re not usually alternatives to finding full-time employees. But for those times when clients need large amounts of work done in a short time-frame, or when times are tough and many talented folks who are in need of part-time work are seeking employment, temp agencies can be very helpful indeed.

For more information, feel free to check out our FAQ’s

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Will Tipping Soon Be a Thing of the Past?

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Let’s face it. You always feel a little embarrassed when you pull out your phone at the restaurant to calculate the percentage for how much tip you need to leave. But, it appears that all this anxiety about percentages and fraction that your feel when you get the bill at the end of the meal might soon become a thing of the past.

Tipping is a distinctive part of America’s culture. When the practice of tipping was first introduced by wealthy Americans in the late 19th century, people considered it bribery. But restaurants saw an opportunity there. They could pay servers ridiculously low wages and have the customers pay the rest.

The federal minimum wage for tipped employees is set at $2.13 per hour. So, it’s no wonder that servers across the country rely on tips to make up the majority of their income. But, here’s the thing. More and more restaurants are currently moving away from a tip based model for servers. Waiters are now being paid an hourly wage and restaurants are raising prices on dishes to cover the costs.

The no-tip system is considered either a very good thing for employees or a mere fantasy, depending on who you ask.

Could tipping become a thing of the past? Let’s explore.

Consumers Are Concerned That a No-Tip Policy Will Affect the Quality of the Service They Get

Tipping is supposed to encourage good service. But, does it really make sense? Many argue that tipping doesn’t encourage hard work. The factors that determine the tips’ size have almost nothing to do with the quality of service. We tip more if the waiters tell us their names, draw smiley faces on our check or touch our arm. A large group of people with a considerable bill will leave a disproportionately small tip. Cash tips are smaller than credit card ones. And the list goes on.

According to one study, quality of service has an insignificant impact on the size of the tip, accounting for between 1 and 5% of a customer’s overall satisfaction. It is, therefore, fairly obvious that letting the customer reward good service does not encourage hard work, considering the size of the tip has almost always nothing to do with the service received. Many restaurant owners believe that by giving servers a decent minimum wage, rather than having customers control their salaries, hospitality will change and for the better.

Tipping Promotes Unfairness

Not only does tipping have almost no impact on the quality of service, but it also creates disparity among workers. Most of the time, the cooks don’t receive a share of the tips. This practice only deepens the disparity of compensation between restaurant workers. Implementing a no-tip system is believed to make compensation fair among all the employees since they all play a part in the customer’s satisfaction.

Getting Rid of Tips Means That You Will Pay Less

One of the first restaurants to eliminate tipping at their locations in certain cities is Joe’s Crab Shack. Servers at Joe’s Crab Shack will now be paid a wage of $14 per hour. This additional expense will be covered by increasing the food’s price by 12 to 15%. Considering that most customers leave a 20% tip, this new policy will not only make servers’ life better but will also make your nights out cheaper.

The Effects of a No-Tip System

Although giving servers a decent wage should be normal, not everybody is happy with the results. Restaurant owners who implemented a no-tip system complained that servers started to leave because their minimum wages were less than their tipped wages.

Part of the problem is that restaurant owners need to raise prices enough to make up for the decrease in income that some of the tipped workers were seeing. But, they are afraid that by raising prices to 30% or 40% they will lose customers. It’s a vicious circle, and many don’t see a way out of it – don’t raise prices enough, and you will lose your staff; raise it too much and you will lose customers.

The no-tip system is still in its experimental phase. Many restaurant owners don’t know how employees and customers will react to it. But one thing is clear: a server’s pay should not be determined by whether or not you have room for dessert.

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How Long Will Programming Remain a Hot Career?

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Computer programming isn’t exactly new. There were programmers before the turn of the millennium, but it wasn’t necessarily a well-known job. Over the last ten to fifteen years, computer programming has risen to prominence as one of the hottest careers. Within the job market as a whole, a record number of people are learning to program. From 18-year-old college freshmen choosing computer science as their major, to adults who self-teach using online resources like Khan Academy, it seems like everyone is learning to code.

Programming has quickly become a go-to skill set and occupation for a large swathe of relatively young and well-educated people. The market for computer programmers continues to grow, but will this be true in five or ten years? Programming is hot right now, but it’s important to think ahead. A tech bubble burst or over-saturated market could severely impact the viability of programming jobs as a ticket to financial security. Offshoring also presents challenges to domestic workers in North America and Western Europe. With these issues in mind, it’s worth asking what the future of programming will be like.

Learning to Code is Easier Than Ever

Computer programming is useful and interesting in its own right, but there’s another reason why so many people are so eager to learn this skill. Job seekers in 2016 face a difficult and uncertain employment market. Competition is high, many graduates face student loan debt, and millennials are increasingly unable to pursue things like home ownership. In this tough economic climate, computer programming jobs stand out as one of the few remaining professions that can essentially guarantee a comfortable middle-class lifestyle.

Simply put, computer programming pays quite well. According to the United States Bureau of Labor Statistics, the median annual wage for computer programmers in 2014 was $77,550. Even the bottom 10% of programmers earned a respectable $44,140. For millennials facing high student debt and a job market dominated by low-paying service industry positions, it’s no wonder programming is so appealing.

Not only does computer programming pay very well, but the barrier to entry isn’t all that high. Over two thirds of IT workers do not have a four-year college degree. Of those that do have a degree, 38% majored in something other than mathematics or computer science. Programming and IT require skills that can be developed independently, and these jobs can be accessible for capable individuals without a relevant formal educational background.

That isn’t to say that it doesn’t require a certain degree of analytical intelligence and creative problem solving skills. However, for a reasonably bright person with the motivation to take it seriously, there are plenty of resources out there for aspiring programmers to self-teach. Online courses are available from sites like Khan Academy, and even MIT have free open coursework available. For those with a bit of money to spend, programming “boot camps” provide an immersive educational experience to bring amateurs up to speed.

Could the popularity of computer programming be its undoing? Recently, an oversupply of recent law graduates has left many JDs underemployed and burdened by substantial debt. Could the same thing happen with programming? It’s difficult to say. However, the most obvious threat to programmers’ job security isn’t an over-saturated domestic market. Instead, the threat comes from overseas.

The Problem of Outsourcing

You may have heard of the phenomenon of the “digital nomad,” millennial professionals who work remotely from home or while traveling. One facet of programming’s widespread appeal is that in many cases, it can be done remotely. Quite a few professional programmers make a good living as freelance consultants, or work remotely full-time for their employer. The upside of this is flexibility, but there’s a darker layer beneath: offshoring and outsourcing.

In many developing nations, like India and the Philippines, there are quite a few very talented programmers. In many cases, programming work can be outsourced to these overseas workers. Because the cost of living is so much lower in these nations than in Western Europe and the United States, the workers can charge quite a bit less while still achieving the same degree of purchasing power. This boon to overseas workers presents a serious challenge for their counterparts in the US. An American freelance web developer may charge $50-100 per hour, while someone in India can accept $15 per hour for the same work.

Along with offshoring, there’s also the matter of H1-B visas. The H1-B program is designed to bring in skilled workers to fill job positions for which employers cannot find a qualified US candidate. However, many would argue that H1-Bs are being abused in order to reduce the cost of labor, to the detriment of US citizens.

How Long Will The Programming Boom Really Last?

“Learn to code” is common career advice, especially among educated 18-35 year-olds. But have we reached peak programming? It’s difficult, if not impossible, to predict the future. However, the US Bureau of Labor Statistics did release some future projections at the end of 2015. The BLS predicted that although IT jobs in general will grow 12% by 2020, programmers will be the exception. In 2014, there were 328,000 computer programmers in the United States. Over the next 10 years, this number is predicted to decline by 8%. That’s over 26,000 jobs.

However, while the market for general programmers might suffer, the market for software developers is projected to increase by 17%, the equivalent of 186,600 jobs.

Is Learning to Program Still Worthwhile?

Although the job market for programmers may decline somewhat over the next decade or so, it’s still a hot job field today. Resources like Khan Academy and boot camps have helped make programming skills accessible to almost anyone with the motivation and intelligence to learn how to code, and skill is often valued over formal education and college degrees. Computer programming and other IT occupations provide something that’s often hard to come by in today’s job market: a good middle-class salary and financial security. If you’re interested in programming, or looking to switch careers into something more profitable, learning how to code is a very viable option.

Looking for a career in programming? CompuForce is the perfect resource to aid in your transition.

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Keeping Personal Employee Information on Lock Down

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In an age of instantaneous communication, sharing data on a global scale has become easier than ever. Despite many apparent benefits of these technological advances, companies of all sizes are met with many security challenges. When employees are hired, they must release information such as social security numbers and banking information to the Human Resources department. It’s more important than ever for HR to take a series of steps to ensure security breaches are avoided at all costs, and that employee information remains well protected.

#1 Keep Information Contained

The first step no matter the size of the company is to clearly outline who has access to what documents. As a basic rule of thumb, limiting the number of staff members involved will strengthen accountability and consolidation of personal information.

#2 Make a Time Schedule

Limiting staff access is the jumping off point, but to take the matter of security seriously, staff login times also need to be recorded. Although it may seem frivolous, this is important in the case that time stamps are deleted or specific employee involvement is called into question.

#3 Separate Data Groups

Give HR employees specific tasks when it comes to handling individual employee information without giving any one employee access to an entire case file. Rather, divide personal data so that each set of figures becomes less valuable, and therefore less likely to be tampered with.

#4 Establish a Flow

The next step is to clearly outline for HR the protocol for employee profile details. Online systems and company computers should be protected at all times with password verification. These computers should never be left unattended, or lent out to unauthorized employees.

#5 Save, Save, and Save Again

Data should always be backed up to an equally protected hard drive, that remains locked at all times. This will be of the outmost importance when it comes to any emergency situation of lost files because of technical problems or damage done to the computer.

#6 Prioritize Sophisticated Computer Software

Of course, this also points to the importance of computer software that has highly sophisticated login username and passwords. This should be a high priority of the company: to invest in software that is not only user-friendly but also impenetrable.

#7 Hire a Computer Forensics Expert

Managing employee personal data in the case of a computer hack is a delicate task. This should not be left to the IT department alone, but rather handled by a specialized forensics expert.

#8 Evaluate Progress

Periodically, it will be necessary for a company to conduct scheduled or randomized check-ins to make sure all procedures are being carried out as instructed. This ranges from all levels of the company, but especially falls on the Human Resources Department to ensure data protection is executed meticulously.

#9 Minimize Damage

In the case that a security breach does occur, several subsequent tasks must follow. The computer should be immediately powered off in the mode most likely to autosave recent changes. In the case that the company has to revisit a security breach case, it’s essential that time stamps and other records can be traced back.

#10 Make All Employees Part of the Solution

Finally, all employees hold some responsibility in learning about security protection. From the moment an employee is hired with the company, and they begin to sort through legal documents with HR, they must be informed exactly how each piece of personal data will be used. When employees are more aware of the status of their records, they’re also more apt to hold HR responsible for protecting information.

When employees feel they are being looked after with serious concern, they’re more likely to feel at ease as part of the company, and reciprocate the sentiment with higher performance levels that boost company reputation and profitability.

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How has the Cloud Changed the Accounting Industry?

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Over the last few years, cloud computing has revolutionized numerous industries, and accounting is no exception. The recent development of cloud-based accounting software has made it easier than ever for small businesses to manage their accounting processes quickly and easily, while reducing expenses. In fact, online accounting applications are quickly becoming the norm.

As recently as a few years ago, business owners may have been hesitant to trust their sensitive financial information to some distant third-party company. This is now changing. Cloud accounting is actually quite secure and reliable, and it has key advantages over traditional accounting software. Although the accounting industry is traditionally known be conservative, risk-averse, and slow to adopt new technologies, cloud computing is already leading to significant industry-wide changes that will have an impact on accountants everywhere.

Why Small Businesses Are Choosing Cloud Accounting Software


The recent developments in accessible, easy-to-use cloud software has created a quandary for the accounting and tax service industries. While in previous decades, a business may have hired an accountant, they now have access to software programs that allows them to handle their own bookkeeping, accounting, and taxes. They may no longer feel the need for an accountant, creating a problem for professionals in the field. This impact of online software on accounting mirrors the impact of online do-it-yourself tax software such as TurboTax, which has made it easy for individuals to quickly file their taxes without hiring an accounting service.

However, there are still opportunities for professionals to offer value-added services that go beyond what clients can do on their own with access to cloud accounting software. In fact, cloud software for accountants can actually facilitate these value-added services, helping professionals offer better insight and advice to clients.

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Accounting Software-as-a-Service for Professional Accountants


Fortunately, cloud software has not completely eliminated the need for professional accountants. In fact, many cloud-based software-as-a-service offerings are geared toward accountants. They are able to leverage these technologies to streamline processes and reduce cost.

Cloud based software has some impressive benefits for professional accountants.

    • Reducing the need for repetitive tasks. The new cloud approach to accounting minimizes the need for repetitive administrative tasks. This allows professionals to dedicate more time to their actual work. It can also eliminate the need for administrative staff who generally handle simple clerical work.
    • Integrated document scanning. One of the most useful developments within cloud accounting has been the integration of document scanning. Invoices and other documents can be scanned, then posted automatically into the accounting system. This allows invoices to be scanned on a daily basis and entered into the system in bulk. This also helps give accountants an edge in competing with low-cost bookkeeping services for small business clients.
    • Potential for new value-added accounting services. With cloud accounting software, clients can log into a portal any time to see how their business is doing. The fast real-time tracking that these programs allow is invaluable for things like tracking cash flow accurately and assessing the impact of factors like currency fluctuations. Accountants can use this data to provide valuable professional insights into a client’s profitability, efficiency, and potential for growth.
    • There is no need to maintain your own servers. Cloud computing involves storing data in remote servers, where it is accessible via the internet. This removes the need for accounting firms to buy and maintain their own server infrastructure. A low monthly fee for accounting SaaS can replace the cost of secure servers and IT services.

 

Adapting Accounting to Changing Technologies


The accounting industry is known for being relatively slow to change, especially when it comes to new technologies. But as cloud computing continues to grow, and cloud-based SaaS continues to develop and improve, change is unavoidable. To thrive in today’s challenging economic climate, and to compete with “DIY” software solutions for small business clients, accountants can leverage the very technologies that, at first glance, might appear to be a threat to their profession. Software can’t do everything, and a professional accountant offers something that no machine can give: expert insight. Rather than posing a threat to accounting as a profession, cloud accounting software can actually improve the services that accountants can provide.

Looking to hire your next accounting professional?

Looking for your next accounting job?

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