Outsourcing

/Outsourcing

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 [...]

Sterling wins ‘Best Business Support Company of the Year’ in the Recruitment International Industry Supplier Awards 2018!

Sterling Debt Recovery has been collecting debts for recruitment agencies since 2007. Since then the sector has become a special focus of our debt collection business, with some of our collection agents dedicated solely to collecting for recruitment agency clients. You can read more about our services to the recruitment industry on our dedicated site www.recruitmentdebtcollection.com The [...]

International debt – Sterling Debt Recovery

International debt recovery - multiple debts linked to same Director. An international virtual office company passed us debts from four of its branches. We established that a number of the debts were linked to the same director, and after discussions with our client found that a director’s guarantee was in place, despite him resigning from one [...]

Meet us at the Recruitment Agency Expo 2018 – London – 31st Jan – 1st Feb

We look forward to meeting our existing clients, and anyone who has an interest in discussing how we can assist their business. Please use our contact us form to get in touch beforehand and schedule a meeting or just visit us at the expo, stand C5.

‘protecting client relationships’ is the most cited reason for not chasing late payments…

The UK currently has the highest proportion of invoices that are paid late, with 9% written off as bad debt. Alan Laing, United Kingdom & Ireland Managing Director at Sage, said, “In 2017, it is totally unacceptable for 18% of all payments paid to Small and Medium businesses to be paid late. Entrepreneurs rely on low [...]

2017-12-19T12:40:26+00:00December 19th, 2017|Categories: Business, credit control, Debt, late payment, News, Outsourcing, SME|Tags: , |

HIRABL closes for business, Sterling develops their own backdoor hire discovery system.

After 4 years of promotion HIRABL was well known in the recruitment sector, however the business has now closed with CEO Nick Ellis stating “Monitoring for backdoor hires is a valuable service for recruitment agencies, but ultimately a niche business that did not warrant venture capital investment. As a result, we’ve decided to wind down and [...]

A Quick Turnaround – Recruitment Debt Success Story

Our client, a large recruitment consultancy firm, had spent months chasing payment from a debtor who had made it clear they had no intention of paying what they owed. Sterling were passed the debt to collect, invoice value £19k. After speaking with our client to gather the required facts, clearly understand their process, the candidate introduction [...]

The use of well managed outsourced credit control maintains cash flow and reduces the need for debt recovery

The service is carried out entirely in your brand by your named experienced credit controller(s). Whilst many of our competitors use remote workers, all of Sterling’s staff work from our service centre under a team leader and service manager. Cover for absence is provided in each team so the service runs each week consistently without fail. [...]

2017-07-20T12:22:58+00:00July 20th, 2017|Categories: Accountancy, Business, credit control, Debt, late payment, News, Outsourcing, Recruitment|Tags: |

Sterling become Approved Suppliers to The Association of Recruitment Consultancies (arc)

ARC - The Association of Recruitment Consultancies has approved Sterling as a supplier. Sterling work on a no-win, no-fee basis with no up-front charges. In the majority of cases we are able to add late payment interest, fees and recovery costs to the debt meaning that the debtor effectively covers our fee. We are particularly successful [...]

2016-11-18T10:19:38+00:00November 18th, 2016|Categories: Business, credit control, Debt, late payment, News, Outsourcing, Recruitment|Tags: |