Award winning recruitment agency Bespoke Recruitment (Construction) Limited has been a partner of Outsauce Financing since 2005.
Bespoke Recruitment has been serving the construction industry since 2001, offering trades and labour placements, search and selection for management positions, builder’s cleaning services and professional site engineers for a range of clients.
At an early stage Bespoke recognised the need for a dedicated recruitment finance package to help them provide excellent client service but also maintain the competitive payment terms their customers demanded.
They turned to Outsauce Financing to provide a permanent recruitment finance solution, along with payroll and credit control services.
“In our industry, we need to pay the workers on time every week, but we need to offer our customers decent payment terms as well. Outsauce’s factoring product is perfect for us to do that” explains Co-founder and MD Simon Noakes.
At the time, Bespoke considered their borrowing options but decided on an industry-based financier that they felt understood their needs better than a bank.
“Outsauce know the recruitment industry; they understand our business and its pressures, so offer a flexibility that you wouldn’t necessarily get from a bank. Where a bank is often black and white, Outsauce don’t penalise us if a client is a day late on payment. This sort of relationship was critical to the success of our business”, says Simon.
Furthermore, rather than a simple finance partner, the peace of mind offered by Outsauce to Bespoke means they can concentrate solely on growing their business.
“Outsauce’s expertise means we can trade within good terms and do what we are good at without worrying about our support functions. Their support means we can get on with what’s important to our business; getting clients, winning business, placing candidates, all the time knowing that our back office function is taken care of”, he adds.
Part of the support solution offered to Bespoke, their Consultants, Clients and Candidates is the 24-hour access to Outsauce’s online Resauce payroll portal, which offers the flexibility Simon feels is necessary to keep pace with the changing nature of the industry.
“The product we use has developed with the market and provides the flexibility demanded by todays’ recruiters. Many work remotely or from home, not all are full time in an office, so having a system that is accessible in the cloud, from anywhere that offers us, clients and candidates a real-time authorisation and reporting tool is perfect for our needs. It’s suitable for any business from a Single Person company up to a multi-million-pound organisation.” The relationship between Outsauce and Bespoke has grown and developed over time and 13 years on the partnership is still flourishing.