Contractor Payroll & Client Invoicing sorted
3R Finance can give a flexible, low admin, 100% finance solution. Our service offers a clear benefit to established businesses which have self-financing, invoice discounting or factoring facilities already in place.
3R Finance pay your contractors by Faster Payment within two working days after an authorised timesheet is received. No deadlines—no frustrated contractors who must wait a week to be paid having missed a deadline by an hour.
The automated authorisation process allows hours to be approved at any time, even when contractor and authoriser are in different locations.
When your contractors are paid, your margin is calculated and paid on a weekly basis. Each weekly payment is clearly explained on a contractor by contractor statement, which is loaded weekly to your Back Office portal and stored for future reference.
It’s really simple
Step 1
Request Credit Check
Action by Recruiter
Simply fill in some basic Company details on our system and we will give you a credit check, at no additional cost!
Step 2
Add Contractor
Action by Recruiter
Fill in your contractor’s details, start date, client authoriser information and payment details.
Step 3
Confirmation of assignment
Action by Client
An email will be sent to your dedicated approver and with one click from that email they can check and confirm the placement details.
Step 4
Submit Timesheet
Action by Contractor
Using our app or the web page your contractor can complete their timesheet and these will be automatically sent to the client for approval.
Step 5
Timesheet Authorisation
Action by Client
Your client will be emailed the timesheet and with two clicks they can approve, decline or query it.
Step 6
Contractor Paid
Action by 3R
Your contractor will receive payment within 2 working days after their timesheet is approved. Daily payroll means no more timesheet deadlines for your contractors!
Step 7
Recruiter Paid and Client Invoiced
Action by 3R
You receive your money every Friday and leave the invoicing and credit control to us!
Step 8
Realtime Status View
Action by Recruiter
Real-time information is there for you to deal with any queries you may get and to manage your accounts.
It's as easy as that
Automation not only creates a secure & accurate process, but also generates precise MI for you the Recruiter as well as your Clients and Contractors
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Measure your back office performance
Undertake a back office audit with 3R and gain insight into industry leading best practice and software. For free.
Request AuditCustomer Success
Here are just a few examples of how our customers have benefitted from using 3R.
We can offer a tailored reference service – let us know about your business and we will introduce you to a similar company that uses our services.
SB Digital
3R have helped not only with the set up of my company and ongoing support in Back Office, database, invoicing etc., but, with years of combined industry experience, they have also helped me make big business decisions such as new partnerships and the hiring of staff. 3R are a must-have for any consultant looking to […]
Butler Ross
We have used 3R now for a number of years for our contractor finance agreement and I can honestly say the service levels we receive are fantastic. Nothing is ever too much trouble. They can manage Limited Company, PAYE or Umbrella Contractors and are very responsive to all queries that need answers or resolutions. Creating […]
Mexa Solutions
We worked with 3R to start our business in 2015. When choosing a partner to help start the business, it was important that we were not giving away equity or locked into a long-term agreement. At the end of our first year we sat down with 3R and agreed a tailored service for year 2. […]Get started with 3R today
We can provide a bespoke quote for your business and arrange demonstrations of our systems within a few hours. Please drop us a line.
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