Verzögerter Zahlungseingang durch langsame Timesheet‑Freigabe

Definition

Temp staffing revenue is driven by billable hours, but invoices generally require client‑approved timesheets. Where workers submit paper timesheets or spreadsheets and managers approve by email or manual signature, processing and chasing approvals often takes several extra days. Australian time & attendance vendors highlight that digital timesheets and real‑time capture streamline payroll and billing, eliminating manual handling and delays: ManpowerGroup notes that its web‑based time capture system allows temporary staff and managers to complete and review weekly timesheets fully online, saving both time and costs and supporting integrated payroll and billing.[1] Smartmates/Zoho Workerly emphasise that agencies struggle with time tracking and approvals, and that digital timesheets provide accurate records so workers are paid on time and clients receive transparent billing.[3] Entire OnHire similarly promotes end‑to‑end digital timesheets, approvals and payroll in one platform to reduce processing friction.[8] Logic: if manual approval adds even 5 extra days on average to invoicing for wages worth AUD 2m/month (typical mid‑size temp provider), that is about AUD 333,000 of additional working capital permanently tied up (2m × 5/30). At a 6–8% annual cost of capital, this equates to AUD 20,000–27,000 per year in financing cost alone, plus the opportunity cost of not being able to deploy this cash.

Why This Matters

The Pitch: Temporary help services providers in Australia 🇦🇺 regularly add 7–14 days to their cash cycle because of manual timesheet approvals, tying up hundreds of thousands of AUD in working capital. Automating mobile time capture and instant client approval shortens this delay and frees cash.

Affected Stakeholders

Finance managers and controllers, Accounts receivable staff, Branch managers in temp agencies, Client liaison consultants, Agency owners/directors

Related Business Risks