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How Can My Agency Reduce Currency Losses

TBOS has the capability to provide Back Office And Accounting Support to agencies making<br>international and currency placements. TBOS can raise the invoices in currency, help arrange<br>funding with reputable invoice finance companies and provide credit control services to various<br>time zones.

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How Can My Agency Reduce Currency Losses

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  1. How Can My Agency Reduce Currency Losses? More and more agencies are now looking outside of the UK to make contract and permanent placements, often with lucrative results as many countries have skill shortages within certain industries that can be filled by UK candidates. Whilst the rewards on international placements are worthwhile, there are a number of precautions that need to be taken to ensure that you do not lose any profit unnecessarily, especially on currency losses.Whilst in some cases you can make profitable gains on currency, the large majority of the time there will be losses due to converting the currency to sterling. TBOS has the capability to provide Back Office And Accounting Support to agencies making international and currency placements. TBOS can raise the invoices in currency, help arrange funding with reputable invoice finance companies and provide credit control services to various time zones. TBOS also has experience with providing compliance, taxation and contractual information on placements within numerous countries worldwide. We also work closely with the agency directors to provide advice and support on ways of reducing currency losses on placements. For more information on how TBOS can help support your agency making International Contract Placements, please contact our office.

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