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Outsourcing credit control helps avoid late payment, and the domino effect..
At least one fifth of UK corporate insolvencies in the past year were caused by late payment or the insolvency of another company, according to new research by insolvency and restructuring trade body...
View ArticleSearch underway for UK’s first Small Business Commissioner
The Small Business Commissioner, expected to be based in Birmingham, is just one part of a package of measures designed to tackle this and drive a real change in the UK’s payment culture. Regulations...
View ArticleSmall firms deserve to be paid on time – Margot James
The UK is already one of the best places in the world to start and grow a business. It is home to a record 5.5 million businesses – that’s 1 million more than in 2010. Through our Industrial Strategy...
View ArticleMandatory reports will start to be required from October 2017
We can assist you collecting late payments from your clients, the penalties which the debtors may incur should deter them from doing so again. Don’t leave late payment too late before reacting. Cash...
View ArticleA Financial Director’s opinion on outsourcing credit control
“The outsourced solution provided by Sterling is not just cost-effective but also one that ensures effective and comprehensive management of all aspects of the accounts receivable function.” Our...
View ArticleWe started working with Sterling Outsourcing in March 2016……..
We started working with Sterling Outsourcing in March 2016, due to the need to have a credit control function, but not having enough to justify employing someone to do the job. I cannot give anything...
View ArticleCost is minimal when considering the benefits of the service.
In an ideal world your credit control service should never be stuck completing admin duties. Any time away from the phone, chasing outstanding payments is time lost. Our goal is to reduce admin time as...
View ArticleManaging cash flow and customer relations for a top 50 UK accountancy firm
This client, a top London accountancy firm, has used Sterling since 2009. Sterling began by having discussions with them regarding their credit control function. At the time it was being managed by a...
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Outsourced finance and accounts for a global technology company
In 2016 Sterling were engaged by a $500m turnover global tech company to provide billing and accounts receivable services for Europe and the Middle East. This function had previously been run from the...
View ArticleSterling acquires debt recovery client base from Octempo Receivables...
On 18th November Sterling Outsourcing Sp zoo came to an agreement with Octempo Receivables Management Ltd to acquire certain assets including Octempo’s debt collection client base. The majority of this...
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