Flo Group
Flo Group is a UK-based specialist provider of invoice finance, back-office, payroll, and recruitment-software services integrated into a single offering for UK recruitment agencies, now operating within Accenture's Oracle ecosystem partners program.
- Company typePrivate
- Founded2007
- HeadquartersRotterdam, Netherlands
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Flo Group does
Flo Group's revenue mechanics span three streams: transaction fees and interest on invoice finance facilities, recurring subscription revenue from recruitment software, and professional-services fees for back-office and payroll work. Pricing is negotiated on a per-client basis and is not publicly disclosed. Headcount sits in the 101-250 range, and an £8 million debt facility was drawn in 2025 to expand the invoice finance portfolio. In April 2025, Flo Group was acquired by Accenture and is now referenced within Accenture's Oracle ecosystem partners program in connection with supply chain management services, while continuing to serve its UK recruitment-agency customer base.
Flo Group firmographics
Firmographics- Name
- Flo Group
- Legal name
- Flo Group
- Website
- https://flo-group.com
- Company type
- Private
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Flo Group is a UK-based specialist provider of invoice finance, back-office, payroll, and recruitment-software services integrated into a single offering for UK recruitment agencies, now operating within Accenture's Oracle ecosystem partners program.
- Ownership category
- akta.pro rank
Flo Group industry classification
Industry- Product category
- Recruitment Industry Financial Services
- NAICS
- Professional Employer Organizations (561330), Management Consulting Services (54161)
- SIC
- Finance Services (6199), Services-Management Consulting Services (8742)
- akta.pro primary industry
- Order-to-Cash (O2C) Operations (Order Admin, Credit, Invoicing, Collections Handoff) (BPAAAGAK)
- akta.pro secondary industries
- Accounts Payable (Invoice Processing, 2/3-Way Match, Vendor Payments) (BPAAAGAA), General Ledger & Close (Journal Entries, Month-End Close, Reconciliations) (BPAAAGAC)
Keywords
Where Flo Group is headquartered
LocationHeadquarters
- HQ city
- Rotterdam
- HQ country
- Netherlands
- HQ region
- Europe
Offices1 record
Markets served
Flo Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D
Revenue model
- Recruitment Agency Back-Office Services: Flo Group generates revenue through providing back-office services to recruitment agencies, including payroll management and administrative support functions.
- Recruitment Software: Revenue is generated from providing software solutions tailored for recruitment agencies.
- Invoice Finance / Funding Services: Flo Group provides invoice finance and funding facilities to recruitment agencies, generating revenue through financing fees and interest on credit facilities.
Go-to-market motion1 record
Distribution channels1 record
Flo Group product offering
Product offeringCore offering
Flo Group is a UK-based specialist provider of back-office services, software, and finance (specifically invoice finance) tailored to recruitment agencies. Its offerings include funding advance against sales invoices, payroll processing for contractors and permanent staff, compliance and accounts back-office support, and recruitment agency software for timesheet and rate management. The company positions itself as a non-regulated alternative to banks for recruitment sector clients.
Product overview
Flo Group is a UK-based specialist provider offering an integrated suite of services for recruitment agencies, comprising invoice finance, back-office services, and payroll services. The company positions its combined offering as a differentiated alternative to larger bank-style lenders in the UK recruitment sector, enabling agencies to access funding, administrative support, and payroll processing through a unified provider.
Differentiator
Problem solved
Functional benefit
Products and services
- Invoice Finance Advance funding against sales invoices for recruitment agencies, positioned as a non-regulated alternative to bank lending. Provides working capital tied to outstanding invoices.
- Back-Office Services Outsourced compliance and accounts support for recruitment agencies, handling back-office operational functions typically managed in-house.
- Payroll Services Weekly payroll processing for contractors and permanent staff working at recruitment agencies.
- Recruitment Software Software for recruitment agencies to manage timesheets and rates, available as a downloadable application with Microsoft Excel-based rate management capability.
Companies that use Flo Group
Customer profileSegments1 record
Ideal customer profiles1 record
Flo Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Flo Group partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Recruitment Agencies (UK)primaryFlo Group serves UK recruitment agencies as its primary customer base, providing integrated back-office services, software, and finance solutions. The company positions itself as a differentiated alternative to larger bank-style lenders in the UK recruitment sector.
Scale indicators1 record
Recent moves5 records
Expansion highlights4 records
Flo Group competitors and assessment
Company assessmentBroad incumbents
- IRIS Software Group: UK provider of payroll, HR, and back-office software across industries; overlaps with Flo's back-office and payroll services for recruitment agencies.
- SD Worx: European HR and payroll services provider with UK presence; competes for the back-office and payroll piece of Flo's recruitment-agency customer base.
- AccessPay: UK payroll and payments automation provider used by staffing agencies; adjacent competitor to Flo's payroll and back-office service lines.
- Bibby Financial Services: Large UK and international invoice finance provider serving multiple sectors including recruitment; competes with Flo on funding while lacking Flo's vertical-specialist back-office depth.
- Bullhorn: Global incumbent in recruitment agency CRM and operations software; competes with Flo's software arm and increasingly bundles workflow and financial services for agencies.
Direct peers
- Touch Financial: UK-based invoice finance provider with a strong recruitment-sector focus; offers funding and back-office support comparable to Flo's integrated offering for recruitment agencies.
- Sonovate: UK-based provider of invoice finance, back-office automation, and software specifically built for recruitment agencies; the closest direct competitor to Flo Group's integrated recruitment-finance model.
- Optimum Finance: UK specialist invoice financier focused on recruitment and staffing agencies; competes head-to-head with Flo in providing working-capital facilities to the recruitment vertical.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Flo Group social profiles
Digital presenceFlo Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Flo Group leadership team
Management profileNumber of profiles
Profiles1 record
Flo Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Flo Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Flo Group
What does Flo Group do?
Flo Group is a UK-based specialist provider of back-office services, software, and finance (specifically invoice finance) tailored to recruitment agencies. Its offerings include funding advance against sales invoices, payroll processing for contractors and permanent staff, compliance and accounts back-office support, and recruitment agency software for timesheet and rate management. The company positions itself as a non-regulated alternative to banks for recruitment sector clients.
Is Flo Group a public or private company?
Flo Group is a private company. It is classified as corporate owned and is currently operating.
When was Flo Group founded?
Flo Group was founded in 2007. It employs 101 to 250 people.
Where is Flo Group based?
Flo Group is headquartered in Rotterdam, Netherlands, in the Europe region.
How does Flo Group make money?
Three revenue lines are on record. Recruitment Agency Back-Office Services are the primary driver. The others are recruitment Software and invoice Finance / Funding Services.
Who are Flo Group's main competitors?
Broad incumbents on record are IRIS Software Group, SD Worx, AccessPay, Bibby Financial Services and Bullhorn. Direct peers are Touch Financial, Sonovate and Optimum Finance.
Does Flo Group have an API?
No public API is recorded for Flo Group.
What industry is Flo Group in?
Flo Group's product category is Recruitment Industry Financial Services. Its primary akta.pro industry code is BPAAAGAK, Order-to-Cash (O2C) Operations (Order Admin, Credit, Invoicing, Collections Handoff), with a secondary code of BPAAAGAA, Accounts Payable (Invoice Processing, 2/3-Way Match, Vendor Payments). Its NAICS code is 561330 and its SIC code is 6199.