H1 Healthcare places registered nurses and medical imaging professionals into permanent and contract roles throughout Australia. Founded in the UK in 2002, the business launched its Australian presence in 2014. It now has offices in Sydney and Melbourne, with contractors working in hospitals and both metro and remote clinics.
The Problem
Needed a full back office set up to streamline its operations.
H1 Healthcare came to APositive needing funding and back office optimisation to set up its labour hire business in Australia. In particular, it was looking for integrated management of contractors, payment of payroll, credit management and collection of invoices.
"The service provided by Danny and Robin is faultless and enables us to focus on managing our contractors and growing the business."
Sam Easen, Director, H1 Healthcare
The Solution
Integrated back office management and funding solution.
APositive introduced H1 Healthcare to a preferred partner, who specialises in managing contractors and timesheets. The partner provides APositive with the information required to facilitate funding on the same day as the invoices are raised.
"APositive were quick to understand our requirements and provide an easy and efficient approval process. They are entrepreneurial and understand the challenges and opportunities we face as a recruitment business."
APositive also assist with follow up collection of late invoices as directed by H1 Healthcare. New customers are assessed to help the business set credit limits for each new customer. And, finally, APositive helped introduce a bookkeeper to further improve accounting systems and to reduce admin time and costs.
The Outcome
The business has grown quickly and organically without traditional borrowing
APositive has provided a debtor finance facility against invoices raised for contractors who need to be paid before H1 Healthcare are. The solution provides a seamless link between invoicing and payroll, and ensures swift payment of both contractors and invoices.
"We have been able to grow our business quickly and organically without traditional borrowing. The service provided by Danny and Robin is faultless and enables us to focus on managing our contractors and growing the business."