Sonovate
Sonovate provides finance and technology services to recruitment businesses, consultancies and labour marketplaces that engage contractors and freelancers across the world.
Its global platform delivers invoice financing solutions to free up cashflow and simplify financial processes. It also helps take the hassle out of managing contractors’ appointments, assignments and payments. Sonovate enables its customers to get back to growing their businesses, confident that funding is in place to meet payment deadlines.
Since it began funding organisations in 2014, Sonovate has lent over £4 billion to more than 4,500 businesses in 40+ countries to ensure over 45,000 contractors are paid in full and on time for the services they provide.
.png "Sonovate Rectec")
.png "Sonovate Rectec")
%20(1).png "Sonovate Rectec")
Software Feature Overview
Funding
- Up to 100% of the invoice paid.
- 95% bad debt protection.
- One simple fee.
- IR35-ready.
- No concentration limits.
- No reserves.
- Global coverage.
Back office
- Effortless manual and online timesheets in app, iOS and Android.
- Credit checks and control.
- Real-time metrics for visibility across your contractor base.
- APIs support a variety of potential use cases for recruitment businesses.
- Generating contracts.
- Invoicing
Software Category
Applicant Tracking Systems
Recruitment CRM
Other Integrations
