Recruitment Finance

What is Recruitment Finance?

Recruitment Finance offers agencies access to cash flow with the addition of bespoke payroll and accounts support. Inksmoor can advance up to 90% of the invoice value raised for permanent, temporary or contractor placements. Inksmoor Recruitment Finance clients have the added bonus of being able to utilise timesheet management and payroll powered by ETZ, the leading software provider for Recruiters making this key element of the business management simple, swift and secure.

 

Recruitment Finance with Inksmoor

Overview

  • Invoice finance up to 90% of invoice value
  • Fund temporary and permanent invoices
  • Confidential and disclosed
  • Flexible contract periods
  • Simple pricing structure
  • New start and distressed businesses considered

Timesheet management, payroll and invoicing

Additional accounts support available

Features

  • Fully branded and bespoke online portal powered by ETZ Payments
  • Candidate management including commissions
  • Secure end to end cloud based timesheet management system with the ability to accept timesheets in any format
  • Invoice and payroll production
  • Credit control and receivables management
  • PAYE, Contractor/Umbrella
  • Ability to integrate via API with Xero, SAGE, Bullhorn and others

Add in services

  • An Accounts Assistant confidentially acting on your behalf based in the UK
  • CIS verification (if required)
  • VAT and PAYE returns
  • P11d’s, P45 and P60
  • Bank reconciliations
  • Accounts Payable
  • Financial reporting

How does recruitment finance work?

CalendarCandidates upload timesheets to the cloud based portal.

File and PenInksmoor raises the invoice and sends it to client .

Piggy BankYou receive up to 90% of the invoice value into your cash flow.

The TeamInksmoor completes your liabilities, compliance and process for payroll.

InvoiceInksmoor provide the credit control and collect the outstanding invoice on your behalf (confidential and disclosed facilities).