recruitment debt

Boosting cash flow for Recruiters

The current market conditions due to COVID-19 can be particularly harsh for recruiters, especially those specialising in sectors directly hit by suspension of day-to-day operations. Whilst there may be less new business to be had right now, there are still actions you can take to help cash flow. Collecting invoices already outstanding It’s likely there [...]

International recruitment placement fee debts and getting them paid.

Our recruitment sector debt collection staff had a great result for a London based recruiter who contacted us recently after hearing about us through social media. Our client had a debtor based in Spain they thought they’d try our service with. They had literally written off collecting a settlement from the ex-client of theirs who had [...]

Recruitment firms using HireChecker are discovering back door placements and collecting fees they didn’t know they had earned.

Since the launch of HireChecker earlier this year at the Recruitment Agency Expo, recruiters using the service are discovering that back door hires are taking place at an alarming rate. A leading Manchester based recruiter managed to discover and collect on 3 back door hires within the first 3 months of using the service. HireChecker is [...]

Major international recruiter integrates Sterling’s Debt Recovery service into their credit control process.

A major international recruitment company was struggling to keep on top of their outstanding invoices. The credit control department were spending too much time on older debts, distracting them from the main ledger, slowing down payments and affecting customer relationships. After testing Sterling’s commission only debt recovery service the recruitment firm decided to add the service [...]

Recruitment Consultancy Debt

Short look into a recent recruitment consultancy debt successfully collected for our client. An attempt to get out of a clearly undisputable Permanent Placement Fee went sour for yet another debtor this week when they ended up paying our clients full invoice amount + late fees + interest and debt recovery fees.. Special conditions were nulled [...]

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