New On-Line System takes the pain out of Payroll and helps Recruiters Manage their Businesses
Friday 15 July, 2011 - 04:30 PM
Specialist in back office support and finance for recruitment companies, Calverton Business Support, has launched an on-line system to make employee payrolls and the payment process even faster and simpler, as well as providing essential business management information.
Invoice Finance or Factoring is often perceived as an expensive option for a business looking for additional cashflow. But what are the costs versus the benefits of using an invoice factoring arrangement?
Factoring provides funding against the value of invoices combined with credit control. Firstly we should define the costs associated with factoring invoices: