It has long been a frustration for small to medium business that the upfront costs of using a recruitment and staffing provider are seen as prohibitive from a cashflow perspective, standing as a towering impediment between them and what may well be the best talent in their field.
The APay system, an initiative of APositive Workforce Finance introduced in 2018, now offers businesses the option of paying permanent recruitment fees in instalments rather than as an up-front fee, finally conquering the impediment many small and medium sized businesses face in accessing professional recruitment services.
Megan Shorter, Managing Director of People Medical Consulting and a RCSA member, explained that their own attempts to establish a recruit now-pay later system to enable smaller businesses to access their services had not been very successful.
“We were attempting to do it beforehand by providing an extended due date on fees and having clients pay in instalments,” Shorter explained. “It wasn’t being direct debited, people would forget to pay and we would have to follow up forgotten payments.
“It was an incredible amount of administration for our team.”
Shorter said when contacted by APositive about the APay system, she was immediately curious.
“The system they were describing was exactly what we were looking for at that point in time,” she said. “The key benefit for our team is that we are able to get our fee upfront. Beforehand we weren’t getting it for up to six months which, from a cashflow perspective, can be really difficult.
Click here to watch Megan discuss the benefits of APay