Direct Hire Placement Fee Schedule
Direct Hire Fee Schedule
As your recruitment company grows and the number and nature of your fees grow with it, it becomes harder but no less important to invoice your clients accurately.
Accurate invoicing helps make sure you collect your fees quickly and reduces the stress and paperwork between your direct hire sales staff and back office specialists.
TempWorks automates the invoicing of direct hire placement fees with the direct hire fee schedule.
Front-office sales or recruitment professionals can set up the fee schedule as shown in this example of a $12,500 fee that is split up into two separate payments that are to be invoiced roughly one month after the employee's start date.
The user interface gives clues that make sure the fee schedule is set up accurately and that the front-office users have done their arithmetic correctly. For example, it auto-fills the fee field with the amount of fee remaining to pay.
A convenient calendar pop-up makes it easy to set the date:
The back office receives the fee schedule on an automated queueing process for each week that a fee is due to be billed. The invoicing specialist reviews fees that are due for the week and schedules them for processing.
Invoices can be sent via snail mail or e-mail.