Posts Tagged ‘Recruitment Invoice Finance’
WHEN DID YOU LAST REVIEW YOUR INVOICE FINANCE ARRANGEMENT?
Invoice finance is essential for any recruitment agency placing contract or temporary workers, as it provides the funding needed to pay contractors before clients settle their invoices. Once these facilities are set up, they can often run smoothly and consistently provide the required funding with minimal administrative oversight, provided they are managed correctly.However, these arrangements…
Read MoreHOW TO READ A BALANCE SHEET
Year-end accounts and management accounts are extremely important tools for any recruitment director, as they tell the story of the company’s performance and enable owners to make informed decisions about the future of the business. These accounts are usually made up of two key documents: the balance sheet and the profit and loss sheet. However,…
Read MoreINVOICE FINANCE – WHAT ARE YOU PAYING FOR?
Invoice finance is a staple in the recruitment industry, especially for agencies placing contract or temporary staff in the UK or overseas. That said, many recruitment directors don’t fully understand the benefits of these facilities. It’s common to question whether to use company funds, take out a loan or overdraft, or even bring in an…
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