Benefits
Experience
Within the Hydra BPO and AHL Management businesses, Hydra-AHL can call upon more than 20 years experience of successfully processing millions of transactions per annum on behalf of our clients, helping them to increase their competitiveness and profitability. The experience gained is now used for the benefit of current and new clients by way of developing and evolving our systems and best practice processes.
Enhanced Business Performance
Through automating recruiters' business processes, our powerful technology and best practice process workflows ensure that transaction cycles that used to take weeks are completed in minutes. In addition, our rules based system virtually eliminates error rates and the need for high levels of human intervention. Apart from the error rate reduction and improved efficiency, a key result and client experience is their ability to focus on the core competency of recruiting - focusing on what they do best - making money, rather than administration and error correction.
Improved cashflow
The Hydra-AHL solution dramatically reduces the time it takes recruiters to turn a timesheet into revenue. Within minutes of a timesheet being received, our system will have processed the relevant information and raised and dispatched an invoice. This end-to-end process - from candidate timesheet submission through to end client invoice receipt can take 30 minutes. Operating to clients' pre-agreed rules, our credit control function automatically pursues outstanding payments utilising our bespoke credit control ASP. Hydra-AHL's average DSO (Day Sales Outstanding - average number of days to get invoices paid) is 39 days across all industry sectors - public, construction, finance. IT.
Reduced Debtor Days
Our advanced invoicing and credit control solution allows invoices to be raised automatically and in real-time with the frequency of dispatch dictated by our clients. Our document checking and verification service ensures high levels of accuracy - thereby significantly reducing the scope for disputes and late payment. The result of the combination of our system, rules and process is a reduction in interest charges as the number of days the debt is outstanding to the Funding provider is reduced.
Cost Savings
Through automating complex transactions and reducing error rates, our solution removes the need for expensive human intervention and freeing recruiters to focus more of their resources on front end revenue generation. Quite simply, we increase clients' efficiencies while reducing their costs, improving cashflow and reducing interest charge costs.
Real time reporting
Operating in real-time, our systems provide recruiters with a powerful business management tool providing accurate up to date management reports accessible via the web. Instead of waiting weeks or months for a report, clients can log on via the web and check the performance and status of their business against a wide range of indicators, giving up to the minute information on critical areas such as revenue, cashflow and debtor days. Whilst a standard set of reports can total over 100, further bespoke reporting can be developed to suit specific client needs.
NEWS
- Hydra-AHL launch new brand and website
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In July 2008, Hydra-AHL launched their new brand and website.
More» - Hydra BPO acquire AHL Management
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In November 2007, Hydra BPO Services Ltd successfully completed the acquisition of the AHL Management Ltd to form one of the largest dedicated UK Recruitment Industry Back Office Outsource Service Providers
More» - Hydra-AHL to re-locate Kingston and North London offices in August 2008
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As a result of the recent merger between Hydra BPO Services and AHL Management, Hydra-AHL has taken the opportunity to consolidate all staff and operations in a single office location
More»