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Immediate delivery and seamless integration of electronic invoice and self billing functions.

 

Zbill is another significant module developed by Zeel Solutions to sit alongside Zrecruiter and offer simple effective electronic invoice and self billing functions.

 

With more and more RPO service providers, recruitment agencies and master vendors recognising the benefits of self billing, a process widely acknowledged as being the most efficient means of providing better customer service, speeding up payment processes and reducing administration, Zeel Solutions have developed a module that eliminates any manual processes.

 

Zbill seamlessly eliminates the process of exporting data from Zrecruiter and importing this into a financial system to produce an invoice before then importing the data and invoice image back into Zrecruiter for the clients and agencies to view.

 

Electronic invoices are accessible to view with almost immediate affect after the client, agency and service providers have authorised the weekly spend.

 

Through Zbill invoices and self bill can be produced at a consolidated level or even broken down to departmental divisions or operating unit level. This provides the client with up to the minute valuable management information on how the departments and service providers are performing against budgetary controls. This can be fully configured within the set up of each client and agency.

 

Once the electronic invoices and self bills have been produced then with Zxchange the data can be seamlessly integrated into the existing financial systems of clients. Invoices and self bills can be viewed not only on line but also as a download-able PDF document.

Industry facts & figures

The recruitment markets have been valued at £24.84 billion in the year ending March 2006 by the Recruitment and Employment Confederation (REC)

UK RPO market being valued at £1.5 billion representing around 6% of UK recruitment.

Global BPO (Business Process Outsourcing) market is estimated to be worth $120 - $150 billion.

Global HRO (Human Resource Outsourcing) market expected to reach $80 billion by 2008.

45% of all companies using agencies do not operate on an exclusive preferred supplier basis.

17.500 agencies within the UK market with over 65% operating from one location.

1.2 million temporary candidates go out on employment every week in the UK.