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New Millennia Payroll Services Ltd – part of New Millennia Group plc (NMG) - have been providing integrated funding and payroll services for the recruitment industry since May 2000. We are proud to be REC Business Partners, upholding the values of a highly respected professional body with recognised industry standards. Our standing is such that, at the end of 2010, we were working with hundreds of recruitment agencies throughout the country. That's probably because we're the UK's only true, fully-insured, non-recourse, non-retention 100% funding facility operating successfully in the market today! It's also to do with the fact that our client service manifesto is very clear about the company's commitment to every one of our partner agencies. That is to say: in all our dealings, we act honestly, ethically, with integrity and a desire to continually improve the quality of our service by listening, responding and being flexible.
On a day-to-day basis, this translates into providing innovative payroll and factoring services that deliver 'no risk' financial benefits and security for every one of our clients – large and small, start-ups or well-established businesses. New Millennia offer – to name but a few: • 100% of agency profits paid immediately • All 'back office' functions provided which leaves the agency free to focus on winning new business • NMG fund the whole employer/candidate transaction including invoicing and paying wages weekly • NMG process all credit checks and handle credit control • No minimum turnover is needed. As an REC Business Partner, New Millennia provides all of its agency partners with complete peace of mind. This includes a mutual professional affiliation with the REC and the standards we support. These values are reflected in our sponsorship of the REC's in the 2011 Client Kit in whose creation New Millennia played a key supporting role. As the only professional body dedicated to representing the whole of the UK recruitment industry, the REC will support all of its members on every current employment issue. Teamwork, professionalism and trust underpin every aspect of the working relationships between the REC, New Millennia and its partner agencies. Business Process Management Software (BPMS) gives immense power and extra ordinary features to our upcoming new systems.