Maximising the contract recruitment opportunity
Contract recruitment, worth £35.7bn to the UK economy*, with over 1.2 million contractors actively working, is a lucrative business.
Contract recruitment remains an untapped opportunity
Traditionally, for businesses that want to enter the contract recruitment market, both startups and established agencies, there have been lots of barriers.
It can take end clients up to 56 days* to pay their invoices, which puts a huge strain on cash flow – the lifeblood of any agency.
Then there’s all the extra admin involved in growing a contract book. From credit checks to credit control, it’s all stuff that keeps you from getting on the phone selling and growing your business.
*Total industry turnover was £35.7 billion in 2017/18. Source: Recruitment & Employment Confederation’s annual Recruitment Industry Trends report for 2017/18
Sonovate removes those barriers and challenges the outdated and limited options traditionally available for contract recruiters. That’s because it was created specifically to solve those problems.
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