Heavy hangs the head that crunches the numbers. Such is the nature of the payable specialists’ role in an organization. While it is an important job, it also experiences a high turnover rate because the hours are long, the work is repetitive, and the recognition is low. Companies face significant challenges with accounts payable hiring; they lose great candidates to higher-paying competitors or struggle to find one that aligns with industry needs. However, more and more millennial clients plan to increase their use of staffing companies in the next five years to access quality talent. Let’s take each hurdle and determine the advantages of hiring an Accounts Payable Specialist with a remote staffing agency.
Let’s find out!
Skills Shortages in Accounts Payable Hiring
When hiring an accounts payable specialist for your firm, you need someone who understands the ins and outs of your specific industry. You might be able to source someone with payable experience, but their exact expertise determines whether they are a good fit for you. Robert Half predicts that 9 out of 10 hiring managers need help finding the talent they need. Your local talent pool will have accounts payable specialists, but their exact skills are needed to match your needs.
A remote staffing agency casts a broader net to search for AP specialists with the exact skill set you need. Whether it is proficiency with specific accounting software or understanding the vendor dynamic from your industry, they can differentiate between various candidates to find your ideal match.
Time-Consuming Hiring Processes
Quality hiring takes time, especially if you are filling a position with a high-skill demand. Talent acquisition and recruitment take resources and time to identify reliable and suitable candidates. It takes about 23 days for recruiters to finish the interview processes alone, which is not fast enough when facing turnover and operational delays. Most companies hire the wrong person because they don’t conduct these Top Accounts Payable Interview Questions during recruitment. You can reduce your accounts payable hiring time by engaging a remote staffing agency.
They can conduct screening processes like background checks, skill tests, and behavioral assessments to ensure the chosen candidate aligns with your company goals. With the expertise of a staffing agency taking over your hiring process, you can focus your resources and energy on core competencies and free your HR team to manage existing employees. They can assist with onboarding and training processes, reducing the time for new hires to integrate with your team.
Geographic Limitations in Accounts Payable Hiring
The scarcity of talent in a small radius is one of many issues firms face when hiring accounts payable specialists. Expanding businesses requires multiple specialists in varied locations to collaborate and manage financial processes smoothly. To accomplish a proper workflow and maximize productivity, hiring accounts payable specialists in various locations requires the capabilities of a remote staffing agency as well. They allow firms to acquire more talent in diverse regions to drive greater productivity and meet business goals faster, as 78% of CEOs intend to add remote collaboration into their long-term business strategy.
Remote Staffing to Reduce Hiring Costs
Hiring a new candidate means going beyond their monthly salary. There are considerable costs before the candidate is even finalized. Regardless of the kind of talent you are hiring, the recruitment cost of new hires often needs to be accounted for, reaching approximately $4700 per hire, according to SHRM. Imagine how much you spend before you even shortlist the ideal candidate. You advertise on job boards, pay recruitment fees, and conduct screening tests, behavioral assessments, and background checks. Once hired, onboarding and training costs and in-house management costs like IT support, HR support, and office equipment add up.
Partnering with a staffing agency is cost-effective. You get personalized guidance from trained account managers to reduce hiring costs by taking over screening, onboarding, and in-office management. They save executives countless hours otherwise spent in decision-making, recruitment, and employee management by providing their expertise.
Remote Scouts – Your Ultimate Staffing Partner
If you have yet to leverage the skills of a staffing agency, you probably have previous unsuccessful experiences that force you to eye the whole service with suspicion. Rest assured, hiring a reputable and results-driven staffing agency can save you from inefficient hiring processes that affect the quality of candidates you get.
Remote Scouts is a seasoned remote staffing agency with 13 years of experience in quality offshore and nearshore hiring. Our vast network and data-driven recruitment techniques facilitate your accounts payable hiring. Our talent acquisition experts comb through qualified candidates to find you an expert well-suited to your business needs.
What makes Remote Scouts unique? We can tap into a rich vein of remote talent from offshore and nearshore locations. We have access to a broader talent pool of accounts payable specialists with relevant industry experience and skills to reduce your hiring time by 40%.
You don’t have to endure accounts payable hiring and firing cycles with your fluctuating workflows. We recruit remote, scalable talent that can adjust their services to meet your growing operations without requiring in-house expansion, equipment, or training.
Most importantly, whomever you choose through Remote Scouts differs from an ordinary remote worker working from home. We handle in-office placement for you by placing every worker within an on-site secure facility, with proper HR support, IT support, and equipment to help them provide the best services for you. Compliance protocols monitor them and receive regular feedback on their performance to ensure they continue to add value to your business as dedicated resources. Quality hiring and expert retention begin here – hire your ideal accounts payable specialist now.
