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Small consultancies need more specialists but only 15% are planning to hire

85% of small UK consultancies need to hire more specialists but only 15% are planning to recruit

UK consultancies need more specialists but only 15% are planning to hire. The vast majority of the UK’s SME consultancies need to hire

Four in ten UK SMEs take over 90 days to pay their contract staff

Four in ten UK SMEs take over 90 days to pay their contract staff according to new research from leading funder Sonovate

Two-thirds more SMEs experiencing difficulty in accessing finance from mainstream lenders

Press release: 65% more businesses are experiencing difficulty in accessing finance from high-street banks than they were in 2022

Sonovate adds new tech capabilities, introducing automation tools to help recruitment businesses boost operations

Sonovate introduces new automation tools to help recruitment businesses boost operations and access industry leading invoice funding solutions

The Pros and Cons of specialism in consulting

Press Coverage in Consultancy UK: The Pros and Cons of specialism: Specialisms are key to success, but can make recruitment difficult.

Sonovate expands internationally with new funding hub in the Netherlands to support the country’s buoyant recruitment industry

The emerging value of embedded finance for the flexible workforce

Coverage on Altfi: The emerging value of embedded finance. Open Finance is gaining momentum and equipping organisations with the right tools

Small and medium-sized consultancies say offering specialist consulting services can stymy growth, but remains key to long-term success

Consultancies say that offering a specialist service can hinder short-term growth, but remains crucial to long-term competitive advantage.

Sonovate, the leading provider of embedded finance and payment solutions for the contingent workforce has significantly enhanced its funding technology platform to enable it to better serve large, multinational recruitment businesses and launch new lines of products in the future as it continues to grow and expand its customer base.

Sonovate launches new platform to significantly enhance its offering for large, multinational recruitment organisations

Sonovate partners with Deel to help organisations to grow internationally

Sonovate partners with Deel to fund international expansion of organisations across the globe

Embedded finance provider, Sonovate, has partnered with global HR platform, Deel, to support customers with on-demand, scalable funding

Press release: Do Londoners get the best job perks? Half of firms in capital consider offering unlimited holiday allowance

Press Release: Flexible London – London firms almost twice as likely to see permanent staff request move to contract roles

Flexible London: London firms almost twice as likely to see permanent staff request move to contract roles

Millennial business leaders more likely to embrace flexible working than Baby Boomer counterparts

Press coverage in HRnews. A company’s approach to creating a flexible work culture can depend on the age of those running it. Read the article

Press Release: Millennial business leaders more likely to embrace flexible working than Baby Boomer counterparts

A company’s approach to creating a flexible work culture can depend on its leaders with younger business leaders more likely to receive flexible working requests,

Press release: Business lender Sonovate surpasses £3.5bn in funding to support customers during ‘cost of running a business’ crisis

Business lender Sonovate surpasses £3.5bn in funding and £1 billion in annual funding for the first time as rising costs force businesses to seek finance to manage cashflow and drive growth

Press release: Businesses know workers want flexibility – but many are still slow on the uptake

Businesses know workers want flexibility – but many are still slow on the uptake. Workers are increasingly demanding autonomy and flexibility, but employers are slow to acquiesce.

In Forbes: Are Britain's SMEs willing to embrace flexibility

Hybrid And Beyond: Is “Flexible Working” Helping Britain’s SMEs To Deal With Wage Pressures?

Hybrid And Beyond: Is “Flexible Working” Helping Britain’s SMEs To Deal With Wage Pressures? Are Britain's small companies willing to embrace more flexibility?

The rising cost of running a business forces more companies to think flexibly

Press coverage in Business Leader: The rising cost of running a business forces more companies to think flexibly

Press Release: The rising cost of running a business forces more companies to think flexibly

Press Release: Rising costs are forcing companies to think flexibly. 67% of UK businesses believe offering flexibility is crucial

Workers See Flexibility as key to battling cost of living crisis

Flexible working practices are helping workers weather the cost-of-living crisis, especially older people who are now unable to retire.

UK – Nearly half of workers see flexibility as key to battling cost of living crisis

45%, of workers in the UK think freelance working will allow more people to get back to work or earn more to ease the financial burden caused by a rising cost of living, according to a survey by Sonovate.

Press release: Workers see flexibility as key to battling cost of living crisis

Workers see flexibility as key to battling the cost of living crisis: Data reveals that almost half of workers think freelancing will help

Press release: SMEs see opportunity to use fintech to reduce expenditures and add capabilities

SMEs see opportunity to use fintech to reduce expenditures and add capabilities as cost of living pressure intensifies

Press Release: Banks won’t lend to us, say more than a quarter of UK’s businesses

Research shows that more than a quarter of businesses surveyed have had difficulty accessing finance from main banks.

1/4 of freelancers wait three times longer to get paid

Sonovate News in Business Leader: Contract work is on the rise following the pandemic, but due to cash flow and payroll issues.

Freelancers wait three times longer for payment than permanent staff

SMEs are blaming cashflow issues for delays in paying freelance workers. New Research on SME contractors-Sonovate

Sonovate: Freelancers having to wait three times longer to get paid than full time staff

A recent study by Sonovate reveals Freelancers wait longer to get paid than full-time staff as SMEs struggle with cash flow.

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