How Sonovate help
Sonovate removes those barriers and challenges the outdated and limited options traditionally available for contract recruiters.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.
Maximising the contract recruitment opportunity
86% of industry turnover is contract
Contract recruitment, worth £35.7bn to the UK economy*, with over 1.2 million contractors actively working, is a lucrative business.
But it’s one that remains untapped by many recruiters.
Why? 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.
86% of the UK recruitment industry turnover is comprised of contract and temporary placements.
Your profit
100% of your invoice profit a week after an invoice is raised - boost your cash flow and guarantee payments.
Simple setup
The simplest set-up out there - no fees, personal guarantees or long notice periods..
Flexible finance
Truly flexible finance - we don’t have concentration limits so you decide which contractors you fund using Sonovate.
Thousands of happy customers
See how easy it is to take your business to the next level