How recruitment and human resources can benefit from credit insuranceNeed help? Get in touch.
Credit insurance for recruitment companies
Recruitment companies and employment agencies typically have a long wait for payment. You’ll often have to pay wages months before the client pays the invoice. Large amounts can accrue in that interval.
This is a clear risk because of the stress it places on your cash flow. Another trading risk is the difficulty in keeping track of timesheets and ensuring that they are signed and approved. Disputed bills tend to be unpaid bills.
We understand your business
Credit insurance is the simplest, most effective way to protect your business from the specific risks of the recruitment industry.
At Coface we understand the uncertainties involved. With a bespoke Coface policy you can trade with confidence. Delayed or disputed invoices won’t leave you out of pocket, because you can claim when necessary.
The policy can also make you more attractive to potential investors and lenders. And our advice can help you ensure that your credit management is working as effectively as possible.
Know more, grow more
Team up with Coface and you also have access to a wealth of business intelligence to help you grow your business:
- Through our database of 80 million companies worldwide, you can check out the financial health of new and potential customers
- Monitor existing clients’ balance sheets for hidden threats
- Request authoritative country and sector reports to help you avoid nasty surprises
- Get exclusive insights into economic and business trends