STAFFING & RECRUITMENT SOLUTIONS
Interim Management and Loan Staffing
Replace key accounting and finance professionals without losing productivity with our accounting and finance staffing solutions. Immediate access to our team on an interim or long-term basis.
No matter the reason for your staffing needs - whether it be resignations, terminations, medical or parental leave, retirement, or any other circumstance - our accounting and finance staffing solutions deliver top-notch experts who are ready to hit the ground running.
ProNexus Interim and Loan Staff solutions will handle your day-to-day responsibilities with industry expertise and allow you too:
-
Address immediate requirements and maintain productivity
-
Provide additional time to identify the right long-term solution
-
Mitigate the risk of making a costly hiring mistake
Maintain productivity while searching to hire accounting and finance candidates. Once a full-time replacement is found, we transition knowledge and responsibilities to them for a seamless solution.
"ProNexus, LLC helped us when we had a resignation of a key employee, and helped us implement a new budget process system, as well as the new lease standards implementation. I knew they had a good reputation and I worked very well with them."
Trisha Koczent, CFO, Finger Lakes Health
OUR DIFFERENTIATORS
ProNexus, LLC
-
Defines the scope of work with the client
-
Provides client with a letter of intent
-
Limitless resource availability
-
Quickly assign a resource
-
Resources can be hired
-
Continuity
Big 4 / CPA Firm
-
CPA firm defines scope of work with the client
-
Provides client with a letter of intent
-
Limited resource availability
-
Slow to assign a resource
- Resources can't be hired
- Continuity
Staffing Firm
-
No scope of work-define skills/experience
-
Deliver multiple resumes based on keyword search
-
Resumes are not all necessarily qualified candidates
-
Continuity is at risk
Ways to use our team:
-
Interim: when you need knowledge and experience to maintain productivity, for any period of time, due to gaps in your department.
-
Interim-to-Hire: when you need interim services and you can potentially meet your long-term needs with the person assigned to your account.
-
Fractional: when you have a need for accounting and finance support on a part-time, as-needed basis.
-
Project: when you need specialized knowledge, expertise, or bandwidth to solve a problem or advance a specific initiative with defined activities and deliverables.
-
Recruitment & Retained Search: when you need to find the perfect employee at any level.
Maintain productivity while searching to hire accounting and finance candidates. Once a full-time replacement is found, we transition knowledge and responsibilities to them for a seamless solution.
Our Process:
A client services team member will talk through your project and define a customized scope of work designed to solve your specific business problem. Our team is made up of CPAs and CFOs with years of private industry experience, which puts us in the position to best understand what other finance executives are going through and what they need. This allows us to properly assign you with an experienced professional who will deliver the solution you need.
Within a short period of time, we'll assign you with a professional who will seamlessly integrate with your existing staff, adding value from the start. Whether working closely with your existing teams or taking on an advisory management role, our professionals hit the ground running with no significant ramp-up time. So your productivity stays level - or better.
Our team will stay committed to you throughout the life of your engagement - and beyond. If your project ends up requiring an extension, we're equipped to handle that. And unlike most consulting firms, we oftentimes allow our clients to hire our consultants as full-time employees. Plus, if you need support outside of your assigned professional's field of expertise, we have strategic alliances and dedicated teams to make sure your problem is 100% solved.
-1.png?width=1000&height=150&name=Improve%20Your%20Profits%20by%20Hiring%20the%20Right%20Accounting%20Staff%20(600%20%C3%97%20200%20px)-1.png "Improve Your Profits by Hiring the Right Accounting Staff (600 × 200 px)-1")
No matter your needs or capabilities, we have solutions so our team can work securely from home. Our dedicated team of technical professionals will help you choose the best setup for your organization.
Whether you need one person or an entire project team, we will assign you experienced professionals to be onsite and meet your requirements. Results matter and so does your time, so let us help you build a productive, engaged workforce that will help your company move forward.
Find the perfect employee at any level. In a fast-paced and competitive business enviornment, it is not always possible to hire staff using a traditional approach. Using ProNexus for Retained Search means we work exclusively with you, evaluating talent against our agreed-upon criteria, understanding the company culture and role, in order to ultimately lower your risk of an unsuitable hire. We guarantee delivery.
Frequently Asked Questions
What is Interim Management?
Interim management is the temporary provision of management resources and skills. Interim management can be seen as the short-term assignment of a proven heavyweight interim resource to manage a period of transition, crisis or change within the organization.
Interim management can mean anything from managers to executives. Managers could be just managers and not executives. ProNexus provides interim accounting and finance services from manager all the way up to executive.
Our people have a track record of taking initiative, are organizationally aware, with excellent project management and communication skills. ProNexus interim management differs from consultants because they assume executive responsibility with a clear mandate to act on the client's behalf.
What kind of assistance could interim management provide?
Interim management could assist in a period of transition or change by temporarily assuming any of the functions that would be the responsibility of executives or project/program managers. Some examples include:
Project Management: Implementation of a new technology, implementation of a new strategy, expansion into a new market, factory or firm relocation, start-up or closing of a division, handling of a new activity or any atypical project
Gap Management: sudden loss of a senior executive, organizational changes, overstretched management, management of rapid growth, management of a start-up, change management, going through or a merger/de-merger/or acquisition, rationalizing, downsizing, or restructuring
Turnaround Management: Manage a crisis or turnaround, turnaround underperforming businesses or divisions, recover failing projects/programs
What kind of companies would benefit from interim management?
The simple answer is all companies that need to manage issues outside their current capacity or their capabilities. Demand for interim management is coming from virtually all sectors.
Some typical events that would trigger this would include turnover, medical leave, retirement, etc.
How long will it take for an interim resource to become effective?
They are immediately operational. The interim finance and accounting professionals ProNexus selects for any particular assignment would have experience in your industry and will often have encountered challenges similar to yours.
As a matter of fact, our clients often benefit from our interim resources' experience before the assignment starts, when we involve him/her during the scoping phase.
What are the advantages of interim management?
The main advantage is a business result brought about by instant access to high-caliber management talent. Significant numbers of our clients tell us that interim managers add value beyond the scope of the assignment.
Why would an organization retain an interim resource rather than hiring additional staff?
An organization might find itself in a transitional period where there is an immediate need to maintain productivity, but the organization is not ready or not able to fill that need with a permanent position. This could occur, for example during a search for a CFO, during a period of rapid change or a crisis or when the management needs have not yet become clearly defined, etc.
But wouldn't employees be more committed to an organization than an interim resource?
This is a common concern among first-time buyers. However, the opposite holds true, typically interim resources have made a commitment to help our clients meet their objectives. They are only as good as their last assignment and live on their references.
If interim accountants are so good, why do they choose uncertainty?
Interim accountants are entrepreneurs, independent by nature, and have chosen interim management as a career path. Often interim resources are classified as "temporary professionals" but at ProNexus we like to avoid language like that. Our resources are over qualified and they like the challenge, variety, and flexibility that the interim work offers, and they find it rewarding.
What happens when the job is completed?
The interim resource will generally provide sufficient documentation and personal handover to their permanent replacement to enable the new incumbent to get off to a good start. If required, ProNexus will help you define or redefine the role and help with selection.
If you need any further help in the future or if you would like a monitoring service, ProNexus is always available to provide this on an as-needed basis.
What if I want to hire the interim manager?
ProNexus does a great job matching our clients to an interim resource and as a result clients will approach us about making a full-time hire. When this occurs, ProNexus will work with our interim resource to facilitate the transfer (if that is what our interim resource also wants) and would charge the client a buyout fee in this scenario.
The advantage to the client is that they would be able to effectively test the resource before hiring them and minimize their risk of a wrong hire. When this happens, we see it as a win-win-win.
However, if our interim resource is set on a life of consulting/interim work (as many are) then we can also work with the client to find a permanent hire. ProNexus also has a Retained Search practice to help clients find the perfect employee at any level.
What is the cost of an interim resource?
Daily fees vary according to several criteria, including market price, complexity of the assignment, level of the function, estimated duration of the assignment, and the risk level of the company, etc.
Clients are only required to pay for the actual time worked by the interim resource. The client always remains in control of costs, by agreeing on the number of days/hours to be worked in advance and afterward certifying the numbers of days/hours to be invoiced.
How cost-effective is interim management?
Many may dismiss the use of interim resources because they are under the impression they cannot afford them. However, the cost of engaging an interim resource could end up being less than hiring a permanent staff member to just take care of a specific project.
A recent survey of clients suggests that most organizations who have tried interim management will use it again.
Is an interim resource an employee or a consultant?
The interim resource would be retained as a consultant on an hourly, daily, or weekly basis. The organization would not be responsible for benefits, insurance, taxes, etc.
How long is an average interim management assignment?
Typically, 3-9 months, but they can be as short as two weeks or as long as several years.
How long will it take for an interim resource to become effective?
They are immediately operational. The interim finance and accounting professionals ProNexus selects for any particular assignment would have experience in your industry and will often have encountered challenges similar to yours.
As a matter of fact, our clients often benefit from our interim resources' experience before the assignment starts, when we involve him/her during the scoping phase.
What happens if the scope of an interim management engagement changes mid-stream?
The interim management model is highly flexible and adaptable. All changes can be handled in a managed way using a project management-based approach to ensure clarity for all stakeholders. If there is an impact on the original contracted period, this is easily addressed as the standard contract includes a provision for modifications to tenure, if necessary.
Consultant Survey Comments:
"ProNexus is always professional. They are great at analyzing the client needs and pairing the best ProNexus professionals to successfully execute the contract."
Client Survey Comments:
"ProNexus provided us with an outstanding consultant. He took the time to properly train our new hire."