1PS provides recruitment agencies with advanced invoice funding to boost cash flow, and back office services to reduce admin and improve efficiency.
Frequently Asked Questions
What type of funding does 1PS provide recruitment agencies?
We specialise in providing finance to recruitment agencies, so they can get cash into their business quickly and easily. We enable our clients (start-up and small to medium sized recruitment agencies) to receive their commission from outstanding invoices quicker, which means the agencies are able to expand and focus their time and efforts on what they do best.
What back-office services do you provide recruitment agencies?
Our back office services are delivered through the 1PS online portal, including contract creation, timesheet submission, raising of invoices, credit control and reporting. You are allocated a dedicated Account Manager who provides full support guiding you through the process and answering queries along the way.
What is the vetting process for recruitment agencies applying for funding?
Our team will conduct credit checks on your clients and aim to return results within 24 hours, informing of credit limits.
Will you contact my current recruitment finance supplier if I decide to switch to 1PS?
Yes, our support team can contact your clients upon transfer of debts to inform them of the switch and handle the communication on your behalf.
Is the 1PS online portal available on mobile devices?
Absolutely, the 1PS portal is fully functional on all mobile devices.
Where is the information in the portal stored?
All your information is securely held in AWS, based in the UK. It is fully compliant with ISO27001.