In the accounting department, there is always a steady flow of work. However, there are times throughout the year that are especially busy, like fiscal year-end. As the looming date approaches, you may wish you had more employees in your department. However, hiring someone on a permanent basis may not be in the budget. Hiring an accounting temp during the hectic fiscal year-end process is a great alternative. Here are some ways that accounting temps can help your business during one of the busiest times of the year.
You’ll Have the Help of Qualified Candidates Without the Need for Excessive Training
Although every company is different, basic accounting principles apply across the board. When you work with a staffing agency that recruits only accounting and finance temps, you know that they have the expertise to recruit the right individuals. As a result, you won’t need to spend too much time training accounting temps on basics during the already busy time of fiscal year-end. Although temps that are generalized office workers may eventually be able to learn the job, you want someone who can start helping right away. This specialization can make all the difference.
More Help Means Fewer Errors
Accounting is a field that does not allow much room for errors. However, as the pressure of the fiscal year-end deadline approaches with the combination of long hours, the potential to make mistakes is greater. By utilizing the help of an accounting temp, you can alleviate some of this stress. Even just having the accounting temp do simple data entry can take the pressure off so that your staff can focus on a successful wrap-up of year-end procedures.
Accounting Temps Can Help You Meet Tight Deadlines
Most accounting departments have their staff work long hours in order to meet the fiscal year-end deadlines. However, there are only so many hours in a day to do this. In addition to wrapping up year-end procedures, business continues as usual, and the accounting department is pulled in multiple directions. By having a staffing agency send you qualified accounting temps, you can ensure that you have the proper backup for when these issues arise. More staff means there’s a better chance of meeting those tight deadlines.
Temps Can Bring New Knowledge and Fresh Insight
Many of the temps that work through a staffing agency that is specialized in accounting and finance have a wide array of expertise within the field. Year-end closing procedures are not a foreign subject to many of these temps, and they can even bring some of the knowledge that they have gained working with other companies into your business. By working as a team with the temp, you may find fresh ideas on how to streamline some year-end closing procedures based on their personal experiences. For business owners and managers that are always looking to improve their processes, this is another great benefit to working with an experienced accounting temp.
After Fiscal Year-End is Over, You Can End Your Contract
The great thing about working with a temp is that you can get a qualified candidate during your busiest times and then end the contract when business returns to normal. Just make sure to let your staffing agency now the dates that you expect the year-end workflow will be completed, and they will work with you to find the right candidate for the project.
Fiscal year-end can be very stressful. However, you don’t have to do it alone. A staffing agency can get you all the help that you need without the worry of hiring a full-time employee yourself. For more information on how our agency can make this your most successful fiscal year-end, feel free to contact us.