We know how precious time can be and just how vital flexibility is to our clients because we've been there! Our team has extensive recruitment industry experience and Zodeq was created to support recruitment businesses with a range of finance solutions and back office support services.
Back Office Services
Giving you more time to focus on new business
Our suite of back office support services has been created with recruitment agencies in mind.
Years of experience working in and with the recruitment industry has taught us just how busy and high pressured the recruitment industry can be. We aim to save recruiters time and alleviate the pressure of carrying out back office tasks in-house. When it comes to taking care of your business it makes sense for you to focus on what you do best and let trusted experts take care of some of the time consuming administration.
Timesheet processing can be time consuming. Whether you require weekly, fortnightly, 4 weekly or monthly processing we can provide a service which meets your needs.
We know how important accurate and timely payroll is. We can process payroll for your candidates ensuring that
- Tax and NI are taken care of
- Holiday, sickness, maternity and paternity pay are all managed and processed
- Auto-enrolment is in place and pension contributions are managed
- Payslips are distributed as well as related documents such as P60 and P45
- RTI submissions are provided to HMRC
We can create and issue invoices ensuring they are accurate and issued on time.
Struggling to chase payments? Let us take care of your credit control. We will chase payments from debtors saving you time, improving your cash flow and minimising the risk of bad debts.
In addition to standard payroll we can take care of processing for all your CIS registered contractors. Ensuring that your monthly CIS returns are accurate and submitted on time; giving you peace of mind that you are fully compliant with all the relevant HMRC legislation.
Invoice financing, or factoring as it is often referred to, is commonly used by businesses to improve their cash flow. With invoice financing rather than waiting for an invoice to be settled, a proportion of cash tied up in the invoice can be released by us as soon as the invoice is issued. We will then collect the payment from your debtor on your behalf saving you time and hassle.
Invoice discounting works in a similar way to invoice financing but you remain in control of collecting your payments. It can be a great alternative to traditional forms of business finance and offers a flexible solution to releasing cash which would otherwise be tied up in unpaid invoices.
Bad Debt Protection
The damage bad debts can have on a business can be unthinkable but there are steps you can take to minimise the risk of bad debt and to guard against the impact on your business. With our bad debt protection we can offer reassurance and peace of mind as well as saving you time chasing bad debts or dealing with administrators if the worst happens.
Asset based lending
Asset finance can help businesses release capital from assets they already own or can be an effective form of financing for acquiring new equipment, machinery, vehicles or other assets.
With Zodeq's asset based lending everything is clear and transparent. Charges and monthly repayments will be agreed in advance so you will have a clear repayment plan and know exactly what your financial commitments are.
Zodeq's Interactive Software
We know how precious time can be and just how vital flexibility is to our clients. With this in mind we have invested heavily in the latest cloud based interactive IT software to ensure our clients, temporary workers and end customers have a slick, easy to understand and professional platform to interact with whether it be on a daily, weekly or monthly basis.
Service and Compliance
At Zodeq we're committed to high service levels and professionalism. As experts in our field we pride ourselves on always staying up to date with changes to legislation and ensuring compliance for our clients at all times. We know that changes to legislation can prove challenging for recruiters but we are here to ensure that even the most onerous legislation is taken care of.