Tackling Margin Leakage in Social Care Recruitment
Don't let incorrect rates and billing errors drain your profits
In the UK's social care sector, margin leakage costs agencies around £42 million annually (Skills for Care). AI can recover these losses, improving profit margins by up to 25% without increasing workload.
The True Cost of Margin Leakage in Social Care
Incorrect rates and missed charges are commonplace due to the complexities of pay rates (e.g., sleep-ins, travel time), qualifications, and location. These errors can lead to significant revenue loss, impacting profitability.
How AI Prevents Margin Leakage in Social Care Recruitment
BLOOT's AI solution automatically checks and adjusts pay rates based on real-time data, ensuring accuracy and completeness. It integrates seamlessly with your existing systems to flag errors before invoicing.
Proven Impact: Recovering Lost Revenue in Social Care
One of our clients recovered £350,000 in just 6 months by eliminating margin leakage. With BLOOT's AI, they saw a 21% increase in profit margins without additional administrative burden.
Frequently Asked Questions
How does the AI handle different pay rates for sleep-ins?
Our AI considers various factors like location and shift patterns to accurately calculate sleep-in rates, ensuring you're never underpaid or overcharged.
Can the solution adapt to changes in social care regulations?
Yes, BLOOT's AI stays updated with industry regulations and standards. It learns from new rules and adjusts calculations accordingly.
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