Start-up construction agencies
For agencies operating in the construction sector affected by the Construction Industry Scheme (CIS), we know that having gross status is crucial as without it, clients deduct 20% from payments. But with QUBA, we’ve got you covered. With us holding gross status, we operate as the principal to the client while you manage client and worker interactions. Our status ensures clients won’t deduct the 20% CIS from our invoices while our services to you, our dashboard functionality, and full recruitment process visibility stays the same – so it really is ‘No Gross Status? No worries!’
Got gross status?
If you have gross status, then all contracts will sit between your recruitment agency and your clients or workers as appropriate. Invoices, notifications, and timesheets are branded with your logo but with invoices assigned to us, clients follow a seamless process that allows us to fulfil your back-office needs with you at the forefront. When you place a contractor with an end client, that worker can enjoy the use of our app – white-labelled to your branding – to fill in their timesheets. Whether payment and billing are weekly or monthly, QUBA invoices the end client in your name and collects the debt. Every Friday, our dedicated finance team processes and pays you your weekly gross profit margin with a completely visible process available on our DynamiQ platform. You’ll benefit from your own Credit Controller and Relationship Manager who are there to help at every stage, answering any questions, anytime. It couldn’t be any simpler!
What’s included?
100% of your profit
Paid direct to you the same week a timesheet is approved, so you can keep your business growing.
Debt insurance protection
Bad debt protection against insured limits to safeguard against client insolvency.
Contractual documents
Terms of business, contracts, assignment schedules, KID.
E-timesheets
App-based timesheets, paper timesheets alternatives, master vendor downloads.
Integrated software & reporting
Payroll software for both pay and billing and HMRC reporting.
Credit control
Dedicated credit control with visibility on all outstanding debt.
Superfast payments
Weekly payments via Faster Payment ensure timely contractor payments.
Knowledge access
Continuous support from your dedicated relationship manager.
Working across a range of industries
QUBA Solutions supports entrepreneurial recruiters with a minimum experience of three years in any recruitment sector.
Let’s chat about
your business needs
Get in touch and find out how we can take your recruitment business to the next level. You can book an appointment or simply give our team a call on 01305 233 178.