New Wallets infrastructure introduces a smarter way to manage money movement in Sonovate, with rebates and deferred pay giving recruitment agencies and consultancies more ways to reduce costs, improve flexibility and protect margin.

Sonovate has launched Wallets, a major platform update designed to give recruitment agencies and consultancies more control over how money moves through their operations, while unlocking new value through rebates and deferred pay.

For the first time, eligible Sonovate customers can earn money back on the funding they use, helping to reduce the overall cost of funding and improve margin. At the same time, deferred pay gives customers more flexibility over when payments are made, helping them align cash flow more closely with the way their business operates.

At a time when many businesses are under pressure to operate more efficiently, manage costs more closely and protect profitability, these new options offer a meaningful commercial advantage within the funding model itself.

Rebates and deferred pay are powered by Sonovate’s new Wallets infrastructure, which sits within Sonovate’s Embedded Funding Platform and creates a more flexible, modern way for funds to move through a customer’s business. While the underlying technology is significant, the customer benefit is simple: more control, better visibility and more ways to manage cash flow effectively – directly leading to higher margins and less admin.

For recruitment agencies and consultancies, funding has traditionally been viewed as a necessary cost of growth. Sonovate’s latest platform launch challenges that model by making it possible for customers not only to receive rebates that support margin, but also to make more flexible decisions around payment timing through deferred pay.

Wallets forms part of Sonovate’s wider platform evolution, built to support a more flexible and intelligent customer experience over time. As well as enabling rebates, it gives customers greater control over payment timing and creates the foundation for future functionality designed to help them manage capital more efficiently and get more from the platform.

The launch is particularly relevant for agencies and consultancies navigating continued margin pressure, rising operational costs and growing demand for efficiency. By combining funding support with platform-led innovation, Sonovate is aiming to give customers a more modern alternative to traditional funding models, one that supports both stronger margin management and more flexible cash flow planning.

Sonovate has long focused on building technology that supports the operational realities of recruitment agencies and consultancies, from funding and back office to credit control and customer service. With Wallets, that platform-first approach takes another step forward, giving customers both immediate value and the foundation for more innovation to come.

The launch also reflects a broader shift in what recruitment agencies and consultancies expect from their funding partner. Increasingly, customers are looking for more than access to capital alone. They want visibility, flexibility, operational efficiency and solutions that support long-term growth. Wallets has been built with those expectations in mind.

For Sonovate customers, the immediate headline is clear: Wallets introduces new ways to get more from funding, through rebates that can reduce costs and deferred pay that offers greater flexibility over payment timing, all within a more modern and controlled platform experience.

Want to see how Wallets could help your business gain more control, visibility and value from funding? Explore wallets