Introducing WFMA, a SaaS product for the staffing organizations as end customers

Work Force Management & Accounting

Kickstart a SaaS business with WFMA and run your business self-propelled way. And let the WFMA-powered services reap increasing profitability of your customers’ businesses by boosting up operational efficacy

Product Owner's Business Model

WFMA is a web-based SaaS software architected, designed and developed for providing value-added services to the organizations in staffing business. An entrepreneur or an organization will own the software product. The owner will deploy the software with a cloud service provider, and start running his/her SaaS business. The terms, “Host” and “Business Owner” have been used in the website synonymously for the owner.   

Any organization in staffing business can apply online to get registered in this SaaS business. Upon getting registered, the staffing organizations will run their businesses, by availing the services on cloud. The owner may conduct necessary marketing for getting staffing organizations as customers. In fact, the news of the product’s value-added services and the tangible benefits of the customers thereof, will spread out quickly, and the owner will start getting increasing number of customers through referrals only.  The owner will raise invoices to their customers on pay-as-you-go model. WFMA product’s special features will enable the owner to run the business self-propelled way with limitless business expandability.

The staffing organizations, as customers of the SaaS business, will run their businesses in silo. The staffing organizations will conduct business transactions with their respective clients, vendors, contractors, and other resources, including raising invoices and paying bills to their clients and vendors/contractors, respectively.

WFMA provides self-operated portals for the business owner, the staffing organizations, and their respective clients, vendors, contractors, and other resources. Please browse through the website to get a comprehensive understanding about the product in making the owner’s business successful.

Addressing Staffing Organizations’ Problems and Challenges

By and large, staffing organizations encounter a myriad of problems and challenges, particularly those lacking effective integrated software solutions. These obstacles hinder their ability to scale up operations, boost revenue, increase profitability, and maintain relationships with their business partners as desired. Through our extensive experience, we’ve identified the most significant problems and challenges faced by staffing organizations. WFMA alleviates these problems and challenges with its value-added solutions.

  • Expanding the count of billable resources drives growth for staffing organizations. However, to effectively handle the growing operational demands, these organizations must also scale up their non-billable resources in proportion. Since the productivity of non-billable resources isn’t easily scalable, despite revenue growth, the profit margin remains stagnant.
  • Staffing organizations can’t afford to focus, neither has the ability to enhance comprehensive relationships with their clients, placement agents, resource vendors, contractors, regular employees, and vendor resources.
  • Staffing organizations struggle to incorporate flexibility and often lack the ability to adapt to changes in business processes, hindering efforts to enhance operational efficiency.
  • Staffing organizations frequently experience data integrity issues due to fragmented tool/software usage combined with sporadic manual interventions.
  • Staffing organizations struggle to provide impromptu data, resulting in dissatisfaction among internal and external business entities.
  • Staffing organizations’ deficiency in event-based communications diminishes the effectiveness of expediting work.
  • Staffing organizations face challenges in ensuring data authenticity due to a compromised single source of truth.
  • Staffing organizations expend operational resources’ bandwidth on maintaining the integrity of business data and carrying out repetitive tasks, ultimately impeding resource productivity.
  • Staffing organizations are obligated to rely on the individual skills of resources to operate the business efficiently and effectively.
Product Capabilities Snapshot

WFMA is architected and designed on multi-tenancy model. The host (the SaaS business owner) can register any number of customers. Customers will operate their business and handle data in silo and securely.

WFMA brings in tangible benefits to the staffing organizations with special features, processing flexibility, processing automation and end-to-end integration. WFMA will enhance the staffing organizations’ operational efficiency as a whole. Apart from the staffing organizations’ respective self-operated portals, WFMA provides self-operated portals to the interfacing business entities like organizations’ clients, vendors, placement agents, regular employees, contractors and vendor resources. WFMA’s end-to-end operational coverage with maximum process automation enable the staffing organizations maintain their non-billable resources pool size significantly low and constant, which results in increasing profitability perpetually with the staffing organizations’ business expansion.

WFMA provides solutions to overcome the inherent problems and challenges faced by most of the staffing organizations. These challenges practically fetter the staffing organizations from scaling up their business faster, increasing revenue, increasing profitability, and maintaining CRM. WFMA services alleviate the problems and challenges, and thus help the staffing organizations exceling in their businesses.

WFMA provides services in two levels; “Core Services” and “Special Services and Features”. Staffing organizations have to perform certain functions for running their businesses. WFMA obviously covered those functions and implemented them as “Core Services”. WFMA’s core services raise the staffing organizations’ operational efficiency bar and take the staffing organizations achieve to a standard capability level, by which the staffing organizations leave their competitors behind. “Special Services and Features” further boost up organizations’ operational efficiency and efficacy level. WFMA’s special services take the staffing organizations beyond the standard capability level and help them standing out of the crowd.

WFMA embraces staffing organizations of all sizes and financial capabilities, without compromising on any business functions. Thus, the business owner gets the opportunity to have larger number of customers. Depending on the spending decision, staffing organizations can avail “Special Services”, as top up services. But without any special services also, staffing organizations can avail all the business functions as core services.

WFMA provides a unified platform for all the users of the business owner, the customers, and all the interfacing business entities of the customers. Users have 24X7 real-time access to the unified platform through their self-operating portals. The unified platform makes the system operational/maintenance work of the business owner’s infrastructure/system engineers less complex.

WFMA services for the staffing organizations span across resource pool management, contract management (client, placement agents, vendors, contractors), resource deployment management in billable and non-billable projects with different timesheet cycles, timesheet management including generation, approval and rejection, billing management including bill generation, and invoice management including invoice generation. Staffing organizations’ resource pool consists of regular employees, contractors and vendor resources.

WFMA does automatic monitoring of the important events like staffing organizations’ contract expiry, resource separation, deployment expiry, client project expiry. WFMA keeps giving email alert on the events, which helps the staffing organizations management taking effective decisions and proactive actions. Apart from the automatic monitoring and alert, WFMA provides monitoring findings online also.

Using WFMA services, staffing organizations capture and prepare data at source. Staffing organizations have departments like Finance, Payroll, Leave Accounting, Human Resource. These departments require input data for further processing. As for example, finance department needs bills data for making payments and posting the same in ledgers. Payroll and leave account departments need working hours and leave data, etc. As WFMA captures and prepares those data at source they are correct and authentic, i.e., there is no chance of the data getting manipulated or tampered. WFMA can cater required data to the Finance, Payroll, Leave Accounting, and Human Resource departments of the staffing organizations for downstream processing.

WFMA provides capability to the staffing organizations in configuring computational behaviors as per their business decision. For example, a staffing organization may want to have internal projects timesheet approval in one level, whereas another organization may want to have it across three levels of approver. A staffing organization may want to set contract expiry notification threshold at 7 days, whereas another staffing organization may want to set it to 15 days. WFMA provides many such controllers for configuring the computational behaviors of the staffing organizations.

Access and control on WFMA functions and data is driven by Roles of the Users. WFMA provides a set of roles for the staffing organization business. Each user in the system is attached to a role. Upon successful login, a user lands up on a dashboard, pertaining to his/her role. Dashboards show data pertaining to the logged in user and the user’s role.

WFMA provides powerful functions with flexibility to the business owner for managing and controlling the business. The business owner “Root” Administrator is the role of highest privilege. The Host Root Administrator can create other host administrator users to distribute the job load, which may be required when number of customers goes high. The Root Administrator is privileged to perform certain critical business functions.

The business owner earns revenue from the invoices raised to its customers. Invoice generation is one of the most important functions in the business. The business owner just needs to configure service prices and other relevant parameters as per his/her business decision, and WFMA keeps generating the customer invoices automatically. The automatic invoice generation facility enables running the business self-propelled way. The business owner can enable or disable the automatic invoice generation facility anytime. In case the automatic invoice generation is disabled, the business owner can generate invoices online.

WFMA processes customer invoices on the basis of how the staffing organizations use various services and the service prices configured by the business owner. WFMA lets the business owner configure price at service level and at the service slab level, as well. For the purpose of setting service prices at more granular level, the business owner can break down the services in slabs. Service slabs are defined by the load handled by the system pertinent to the service. As for example, the “bill generation service” can be broken down in slabs by number of bills generated. The business owner has the control to configure the monthly invoicing cutoff date also.

The business owner can control free trial offer for staffing organizations. As per the business decision, the business owner may or may not offer free trial. The business owner can revoke an existing free trial offer any time. The business owner can change the number of days of the free trial period.

A staffing organization can unsubscribe at any point, irrespective of being in free trial period or regular invoicing cycle. A staffing organization not unsubscribing during free trial period implies that the organization intends to continue with WFMA services. In that case, WFMA transforms the staffing organization to regular invoicing cycle, as soon as free trial period is over. WFMA provides facility to the business owner for performing the transformation both online and automatic mode.

Get the comprehensive details of WFMA capabilities
Product USPs

Substantial process automation features of WFMA enable the business owner run the SaaS business almost self-propelled way. This capability significantly lowers the operational cost for the business owner. The business owner need not increase manpower for handing additional operational load due to expansion of business, i.e., addition of more customers.

Similar to the business owner a major chunk of processes is automated for the customers also. Because of this, the staffing organizations can keep the non-billable supporting at a bare minimum level. This is the key of staffing organizations increasing profit margin. While staffing organizations expanding their businesses by increasing billable resources and thus increasing revenue, non-billable resources cost remains practically constant.

Apart from the one-time cost of ownership, the business owner does not have to invest any more on any software for running the business. WFMA equips the business owner with all the necessary functions to run the business smoothly. Similarly, the staffing organizations need not invest on any other software to run their business operations.  

Staffing organizations undoubtedly will get tangible and substantial benefits from WFMA services. Satisfied customers will speak for the SaaS business. This will naturally improve the business brand value and bring more customers to the business, as well.

Doing the business with WFMA the business owner will face less business competition. We conducted market research on products offering services in the staffing organization business domain. Most of the products provide services in resource recruitment management area. Some products’ services come somewhat similar the WFMA services, but not they are not the same. Moreover, WFMA implemented the services at much deeper level, handling all possible business exceptions and complex use cases. Please see below a summary of our market research findings.

Product Owning Decision Making Criteria

We are offering exclusive ownership of the product to a sole buyer. Below are the criteria you may find important in making your purchasing decision. Feel free to reach out to us for any questions or clarifications.

Our offered price is 125,000 USD.

We are offering the product to a sole buyer, granting exclusive ownership of the software. Exclusive ownership of the software will provide you a distinct competitive advantage for your business.

The return on investment (ROI) for your SaaS business utilizing WFMA is guaranteed for several reasons. Firstly, WFMA is engineered to accommodate limitless expansion of your customer base. You can continuously onboard new customers without necessitating any modifications to the software or database design. Once acquired, there’s no need for additional investments in the software to accommodate any number of customers.

The automated task execution capabilities of WFMA enable your business to operate in a self-propelled manner. This means you won’t need to increase non-billable manpower to manage the workload generated by a growing customer base. Consequently, your overhead costs remain stable while your profitability steadily increases.

The value-added features provided to your customers deliver tangible benefits, leading to positive word-of-mouth referrals and further customer acquisition. This not only enhances your brand value but also accelerates your journey to reaching the break-even point.

The WFMA software product is meticulously crafted with a strong emphasis on customizability. It incorporates numerous behavioral control parameters, allowing the business owner and the staffing organizations tailoring the operational behavior of their businesses simply by adjusting these values. Additionally, customers have the flexibility to configure these parameters to suit the specific needs of their own businesses. The breadth of options within these behavioral parameters eliminates the need for the owner to invest in costly software code modifications. This ensures that the one-time ownership cost remains sufficient to meet substantial amount of customization needs.

In software systems, code changes are inevitable due to evolving business processes, logic shifts, and new feature demands. “Maintainability” gauges how changes impact the system in terms of time and cost. A high level of maintainability is indicative of a well-designed software system, and WFMA exemplifies this trait.

We have factored in industry-standard practices and rules into the design of the software application and its database, ensuring robustness and maintainability. The current version of WFMA offers an extensive array of functions and features that adequately support your SaaS business without necessitating immediate modifications. While changes may be required in the future, any such adjustments will have minimal impact on the software.

Your organization’s employees can master the system in just 3-4 days. User interfaces are meticulously designed factoring in user-experience-design (UXD) guidelines. During the onboarding process with new customers, i.e., the staffing organizations, you’ll ensure thorough training sessions for their employees too. Once your team understands the system’s operation, they can efficiently conduct training sessions for the newly onboarded customers, enabling their employees to become proficient in the system within 3-4 days as well. Apart from that, as part of the deliverables, we will provide you the Functional Specifications, Database Design Specifications, Software setup instructions, and User Manual.

  • Source code of the entire application
  • Database script (for creating the database schema and other objects)
  • Functional Specifications
  • Database Design Specifications
  • Software setup instructions
  • User Manual
  • One-time support for deploying the product in your cloud service provider platform.
  • Setting up seed data and configuring the same in application and database
  • Fixing any bugs in the software for a period of 3 months. Please note that bug fixing support does not include any functional enhancement.
About Us

We, two professionals teamed up to conceptualize, analyse, design and develop the software. One of us is from IT industry having 35+ years software architecture, design and development experience, and the other is from staffing business with 25+ years of experience in leading and expanding staffing organizations. We developed the software over two and half years.

Collectively, we have two-fold experience; experience in staffing business handling all nuances in staffing business, and experience as clients in working with staffing organizations taking resources from them. We are well aware of the problems and challenges the staffing organizations face. We understand the reasons that hinder the staffing organization from overcoming the chronic problems and challenges, and we are aware what measures should be taken to alleviate the reasons. We made sure our product covers all the staffing business functions and operate integrated way end-to-end with all the business validations and checks. We implemented value added special services and features in the product for raising the staffing organizations’ operational efficiency bar substantially, and thus reaping direct financial benefit for the staffing organizations.

Our objective is to sell our product with exclusive ownership to an entrepreneur or organization who has SaaS business plan in mind. We are product designer and developers. Our focus is on product development. Running a business is not our priority. We prefer to get into developing another product, which would provide solutions in some other business domain.

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