CPM - The Umbrella Company - Supporting the Freelancer

FOR AGENCIES | Click here for Expresspay for contractors

What is CPM ExpressPay™?

The short answer is: It's the quickest, simplest way to ensure your contractors get paid, on the dot; week in, week out. But it's more than that. We pay your Contractors immediately upon receipt of their signed timesheets, it saves time and cuts your admin.
So, you reduce costs, increase revenue, provide an enhanced service and improve the bottom line.
Oh, and it's free! The contractors pay a small service charge, but there is absolutely no cost to you!

How CPM ExpressPay™ Works

o The contractor completes his/her timesheet, gets it signed-off in the normal way and forwards it to CPM. On receipt, CPM pays the contractor via BACS, CHAPS or cheque. Immediately. Even if you're still waiting to be paid, your contractor won't be.
o The freelancer pays a small service charge to CPM.
o You process the timesheet; you invoice the clients in the normal way and then forward the funds to CPM. It's painless - and completely transparent to client and contractor.

The Benefits of CPM ExpressPay™
£ Improve revenue generation - more satisfied contractors + less "non added value" work = improved client relations, more clients, and more profit.
£ Improve Efficiency - Eliminate non productive paperwork and you improve efficiency. Eliminate wasted time and you make time. So hand responsibility for your contractors' payments over to us and free up the time to build better relationships with your clients.
£ Risk free - No risks, just benefits: to you, to the client, to the contractor.
£ No tedious and expensive factoring schemes - ExpressPay™ saves money and reduces risks. Your funds work for you, not the financier, leading to improved liquidity; cheaper funding and a better credit rating. The enhanced cash flow can be used to grow the business and attract even more clients.
£ Better contractor relationships - Contractors are paid up-front. They're happy. You're happy. You retain them longer. More contractors mean you can attract more clients and increase profits.
£ Improve client relationships - Contractor and client relationships run more smoothly. Better relations all round make for better retention rates and the best referral rates.