Insight from the platform.
Analysis, product thinking and perspective from the Sonovate team, written for people running workforce businesses.
SonoTalks #1: Interview with Louise Triance on Recruitment in 2023, AI and RecTech adoption
In this blog series, we interview industry-leading professionals to share their experience and outlook for the market. Our first guest is Louise Triance, MD,…
Guest blog: What recruiters need to know about IR35 and the off-payroll working rules
IR35, and the off-payroll working rules, in particular, are back in the headlines. From the revelation in the now infamous September 2022 mini-Budget that…
Busting 5 Common Myths About Invoice Finance
As spiralling inflation, tax rises and the war in Ukraine slow the post-pandemic economic recovery, the UK’s recruitment consultancies will need to explore different…
What is invoice discounting?
Invoice discounting is an invoice finance facility used by businesses to improve their cashflow by getting an advance on outstanding invoices.
What is invoice finance?
Invoice finance is a service in which invoice finance lenders purchase unpaid invoices from businesses who need an advance on their payments. This finance…
How to smash Q4
A lot has happened so far this year so it’s easy to forget that Christmas is just around the corner, and after two consecutive…
When should you switch your invoice funding provider?
It is often said that cashflow is the oxygen of a business, and like oxygen, if it’s not in constant supply, a lack of…
Why contractors are paid late and what can be done about it
Businesses don’t pay their contractors on time. It’s a fact. It’s not something they set out to do, but as chaotic cash-flow ripples across…
What is invoice factoring?
Invoice factoring is a financial service that gives you immediate cash in exchange for your unpaid invoices. Find out how invoice factoring empowers your…
Why Contractors Get Paid Late
Late payment is an epidemic. We know that flexible and contract working is on the rise. Yet over a third (37%) of medium-sized businesses…
Guide to switching your invoice funding provider
Is it time to review your invoice finance facility? Then this guide is not to be missed. This insightful guide covers everything you need…
What is Payroll Funding?
Payroll Financing: What It Is and How It Supports Your Business Contingent labour workers play a crucial role in the economy. We’ve seen in…