The Problem
You are great at matching clients with candidates with your special strategy, but there's a problem, operating a temporary staffing business is operationally intense and especially so as you expand across states and countries.
You need professional and general liability insurance with high limits, workers' compensation insurance, state registrations, knowledge of payroll and other HR laws, plus the myriad of operations required to run a staffing firm smoothly.
The Solution
Instead worrying about being an employer of your candidates, with Ascen's Employer of Record for staffing agencies, Ascen handles onboarding, payroll, benefits, and insurance in an affordable, pay-as-you-go solution.
- Compliant Onboarding and Payroll in US and Canada
- All Required Insurance Coverage (Workers' Comp/General/Professional)
- Health and Other Benefits (Vision, Dental, Life, Disability, 401(k))
- HR Compliance and Guidance
- Background Checks and Drug Tests
White Label Pay and Bill Platform
As a staffing organization, you do not just need an employer of record built for end clients, you need to handle back office needs of a staffing company like billing and payroll.
- White-label, Rules-based Onboarding
- One-click and No-click Timesheet and Expense Management
- White-label Payroll and Portal for Candidates and Clients
- Real-time and Custom Reporting
- Full API Access for all operations
Embedded Payroll Funding
Temporary staffing requires large amounts of capital: pay is required weekly or bi-weekly but clients pay in net 30 days or more. Many staffing firms turn to lenders or factoring companies to provide payroll funding. Ascen's embedded financing provides some key benefits:
- Funding built into the EOR
- No need to post invoices to the factoring firm and manage cash
- No need to manage collections
- No personal guarantees
The process
