A significant move has been made in the recruitment sector as a back office firm has acquired an admin-focused company for an undisclosed sum. This acquisition is set to enhance the firm’s capabilities and streamline operations.
Acquisition Details and Rebranding
Stockport-based back office business has completed a noteworthy acquisition of an admin-centric firm. The acquired company, formerly known as My Digital Timesheets, has now been rebranded as Quartz by the acquiring firm. This established platform, specialising in pay and bill, timesheet, and expense approval, aims to boost productivity within recruitment agencies.
Technological Advancements and Developer Team
The deal includes the formation of a team of developers, underscoring the firm’s commitment to innovative, technology-driven solutions tailored to recruitment agencies’ needs. Quartz is a cloud-based platform designed to simplify invoicing, payments, and financial data tracking. It processes thousands of timesheets weekly and can accelerate back office operations by up to 80%, significantly reducing administrative burdens.
Platform Features and Integration
The platform’s compatibility with major accounting, payroll, and CRM systems, such as Xero, eliminates manual and duplicate data entry. This saves time and reduces errors.
Advanced Analytics and White-Labelling
The integration of these features highlights the platform’s capability to enhance operational efficiency and support business growth within the recruitment sector.
Management’s Vision and Future Plans
With ambitious plans to develop Quartz into a leading SaaS-based solution, the management is committed to offering advanced features and integrations in the near future.
Client Benefits and Operational Efficiency
By reducing administrative burdens and providing insightful data, Quartz will empower agencies to focus on their core activities, driving success and growth.
Commitment to Innovation and Quality
This commitment is evident from the acquisition and the continuous development of Quartz, reflecting their pledge to deliver quality and innovation consistently.
Employee Ownership and Business Goals
Since becoming an employee-owned business in 2021, the firm has prioritized the well-being of its employees and clients. The acquisition of Quartz further demonstrates this commitment, aiming to foster a collaborative and innovative environment. By focusing on technological advancements and client satisfaction, the business aims to achieve long-term success and stability.
This significant acquisition marks a pivotal moment in the recruitment sector, enhancing capabilities and operational efficiency.
With the integration of advanced features and a dedicated developer team, Quartz is poised to become a vital tool for recruitment agencies.
The commitment to innovation and quality evident in this acquisition underscores the firm’s vision for the future.
