Sonovate is a London-based technology company that has created a platform that can be utilized for invoicing clients and managing finances associated with transactions in businesses. It can be used by recruitment companies, business consultancies, and individual freelancers. It provides upfront funding for unpaid invoices and utilizes the technology on the platform to aid in getting the invoices paid.
The company's platform focuses on invoice financing. The dashboard gives visuals to manage invoice contracts using graphs created by the client's data. Information that is shown on the dashboard includes overdue timesheets, pending placements, weekly earnings, and more. The timesheet feature is automated and shows dates, hours worked, and any breaks that were taken. The invoice feature keeps track of all invoices funded, issued, and paid so that the client can see all of their invoices in one place. It is also possible to view information about companies with which the client has created contracts and see information such as the number of invoices issued and paid and the company's address.
How Sonovate Works
June 14, 2018
UK fintech Sonovate raises £110m
September 9, 2019