This is the 6th edition of our look at business case studies and this month we are looking at Recruit 121.
Overview
Recruit 121 is a SAP staffing specialist both in the UK and US with offices in Chicago, Cardiff, Amsterdam and California.The business prides itself on being flexible and connecting great businesses with the best talent available. It’s mission:
“To connect the world’s best-run businesses with the very best talent.”
The Company
Recruit 121 started in 2000 with the simple aim of focussing on the SAP workplace and has been growing ever since. Its goal was to build a company with global reach and offer a smoother connection in a previously disjointed sector. They now work for clients and candidates all over the world and are able to see both perspectives of the market as well as linking them together.
The company’s philosophy is based on five business principles: Quality, Honesty, Screening, Simplicity and Speed. It is these principles and their proved track record in the market that has allowed them to become a trusted partner of SAP AG, their partner and customers since 2003. This has further assisted the business to continually strive to grow and develop further.
The Global Expansion
The company then started on an expansion strategy and looked to find financial support and The Royal Bank of Scotland became their new banking partner. A collaboration between the RBS commercial banking team and the RBS Invoice Finance team lead to a working capital worth £1.75 million.
The finance was used to assist Recruit 121 in its international growth and securing their place in the SAP professional recruitment market.
The company now has over 2,500 placements in more than 30 countries and is one of the leading supplier or SAP employees worldwide.
Do you know of a UK based business which is doing well in these tough economic times? If you do, leave a comment below and we could feature them in a future post…
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April 2, 2023
business