Cash Flow

The fragmented use of multiple agencies with varying payment terms prevents organisations from controlling and forecasting monthly cash flow. The withholding or delay of passing paper invoices to head office for payment presents an inaccurate cash-flow picture and can adversely affect the supply of workers from agencies.

Typically we find that agency invoices are being paid to standard agency terms, with payment terms being anywhere from 7 to 30 days depending on the agency, the branch, the invoice and the clients' internal team.

Our clients pay de Poel to standardised payment terms, providing the ability to control and forecast cash-flow more accurately. In most cases we are able to push back payment terms by one working week, giving the optimum level for both the client and the agency. Typically this process will give our clients a cash uplift equivalent to one week's spend to improve their working capital.