Our Invoice Discounting facilities are usually combined with a number of our back office products
A RANGE OF FINANCE PRODUCTS
We offer a range of different finance products for recruitment agencies to help their businesses grow.
Watch this video for more information on how we can help your business.
What is Invoice Discounting?
Invoice Discounting (ID) is an alternative solution to standard business finance products available from a bank such as loans and overdrafts.
ID provides instant access to funds from your unpaid invoices.
You will continue to manage your Credit Control.
With an Outsauce facility, you could access up to 100% of your invoice value.
Choose the best recruitment finance product for your business.
Recruitment Invoice Discounting is better for larger, more established recruitment agencies that have the robust finance systems such as Credit Control and the collections process in place. Factoring is more suited to smaller firms that have lower invoice values and limited access to bank funding.
How will Outsauce Invoice Discounting, work for me?
1. You raise an invoice
2. Upload to Outsauce using our online Candidate Manager System
3. We will advance up to 100% of the invoice value instantly
4. You liaise with your customer for payment
5. Once the invoice is settled in full, if you have not received 100% of invoice value, you will receive the balance of payment, less our standard fees
Access to cash flow
Maintain control of your collections process
Facility amount grows with Sales Ledger
Can be used in conjunction with our modular services including Payroll