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  • Products
    • Funding & back office

      Everything you need to run and manage contractors at scale

    • Funding Only

      Hook up your accounts software or access funding via API

    • Instant credit

      Secure credit for your clients in seconds

    • Timesheets

      Industry leading timesheets for your candidates

    • PAYE services
    • API

      Embed our services invisibly in your own websites, apps and systems

    • Company formation

      Open a company with the joined Sonovate and Tide proposal

  • Compare
  • Use cases
    • Recruitment

      From startups to £150m+ enterprises we’ve got you covered

    • Consultancies

      Fund everything from SOW to retainers and upfront fees with ease

    • Labour marketplaces

      Everything you need to fund large pools of workers globally

    • Contractors

      Remove admin time with Sonovate’s apps

  • Company
    • About

      Learn more about Sonovate

    • Careers

      We’re working together to build the future of work pay. We’d like your help

    • Media coverage

      The world’s press are with us. Check out our coverage here

    • Brand assets

      Get hold of our logo and photography

    • Get in touch

      Get in touch and let us know how we can help

  • Resources
    • Blog

      New product features, the latest in technology, funding solutions, and business ideas

    • Ebooks

      No sales pitches. Just quality information and insights in our ebooks

    • Success stories

      See the businesses that use Sonovate’s growth fuel

    • Support

      Videos and step-by-step guides for all use cases

  • Partnerships
    • Our Partners

      Get more growth opportunities from our partners

    • Partner with us

      Benefit your current customers and acquire new ones

    • APIs

      Embed our services invisibly in your own websites, apps and systems

  • Get started
  • Sign in

Why Contractors Get Paid Late

The truth about the growth of contract work, payment terms, and how fintech can transform the contingent labour industry.

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 who use contractors admit they can take more than 90 days to pay them.

Download this report to learn more about the contractor economy, the opportunity it continues to represent for recruiters and how best to grow your share of this market.

 

Published: 14th September 2022

Simple, fast finance for a new working world

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