THE COMPLETE BACK OFFICE AND FINANCE SOLUTION FOR YOUR RECRUITMENT AGENCY
We are the Recruitment sector experts that provide Back Office and Finance solutions and support to enable agencies of all sizes to grow their business.
15 years of experience within the Recruitment sector has enabled us to tailor our Finance, Payroll and Credit Control packages for clients recruiting into any sector. Our services are tailored for both start-up or existing agencies, placing contract, temporary or permanent staff.
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“ESCA Specialist Recruitment is a construction focused recruitment agency with a niche in mechanical and electrical recruitment. We understand the importance of our contractors being paid on time, every time and from the outset, Outsauce have provided us with a flawless full back office service. Payroll is quick and easy with their online portal, we have found their systems a lot easier to use than other back office providers’. We have also been thoroughly impressed with their levels of customer service, whether that be dealing with our dedicated account manager, operations or the credit control team. I would like to take this opportunity to thank the guys at Outsauce for their continued support and highly recommend the services of Outsauce to existing or start up agencies!”
Hollie Rosewarne, Director, ESCA Recruitment
Our online Candidate Manager system allows a seamless interactive payroll process for you, your clients and candidates.
- Online Timesheets
- 24-hour access for Candidates and Clients
- Online authorisation
- Candidates can view payslips on the go
Need to know more about how to manage your Financing and Back Office contracting needs?
Here at Outsauce, we have a range of insightful guides to help you navigate the ever-changing recruitment landscape.
Download our tool-kits and guides and get started.
FREQUENTLY ASKED QUESTIONS
What is Invoice Finance?
Invoice Finance is the process in which invoices are purchased by an Invoice Financier and cash is released against their value before they have been paid. Advances can vary between providers and is generally between 80-90%. Outsauce advance up to 100% so is the perfect solution to cash flow issues caused by slow paying clients.
Will my customers know I use Invoice Financing services?
All invoices will be sent including a Notice of Assignment, this lets your customers know who they need to pay. Outsauce will also undertake your Credit Control, so this notice is also important for when we are chasing payments for your invoicing.
How does Invoice Finance work with Payroll?
Quite simply, Outsauce will purchase the invoice and on receipt of authorised timesheets, we will process your payroll and pay your candidates. Depending on your agreed advance percentage, you can then withdraw the remaining funds (usually your margin) from the facility. Payroll can be processed on a weekly or monthly basis for candidates who receive wages via PAYE, Limited company or a compliant intermediary.
What costs are associated with Invoice Finance?
Invoice Finance facilities are subject to the following charges; Service Fee, Discount Charge and a set-up fee. Our fees are charged against a % of your weekly throughput so with no minimum fees, Outsauce won’t penalise you for seasonal trading.