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Finance

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 company’s US team, but restructuring meant that ownership had moved to their London office. Sterling were able to take on the function quickly [...]

2018-05-17T16:33:11+01:00May 17th, 2018|Categories: Accountancy, B2B, Business, credit control, Debt, Debt Recovery, Finance, Late payment, News, Outsourcing|

A 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 partnership with Sterling started in October 2012, at which time an expensive and inefficient in-house credit control function resulted in more than £500K of working capital being tied [...]

2017-10-17T15:51:53+01:00October 17th, 2017|Categories: Accountancy, B2B, Business, credit control, Debt, Debt Recovery, Finance, Late payment, News, Outsourcing, SME|

Mandatory 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 flow problems as a result of not acting quickly can seriously damage your business. Keeping a tight rein on invoice collections from the beginning is [...]

Outsourced Credit Control with Sterling Credit Management

Outsourced Credit Control Our outsourced credit control service has been re-branded. We are happy to invite you to our new credit control website providing information to any SME / business in the UK looking at outsourcing credit control services. www.creditcontrolservice.co.uk If you do regular business with slow paying clients, you are probably spending much more time chasing payments [...]

Insolvency debt collection

Insolvency Practitioners and debt collection. Resource and experience are available to undertake a range of investigations. Sterling work with Insolvency Practitioners to value sales ledgers and to cost effectively collect book debts quickly and efficiently. Sterling Debt Recovery provides a proven service to Insolvency Practitioners working with Receivership - Liquidation - Administration - Company Voluntary Arrangement [...]

2016-01-06T13:49:56+00:00January 6th, 2016|Categories: Finance, Insolvency, Legal, News|Tags: , , , , , , , |

How Sterling successfully assisted this financial services company

Sterling assisted a financial services company to recover unpaid instalments of loans granted to individuals under a trust. After the claim form was served, all 5 individuals contacted Sterling voluntarily to pay the full amount of the loan instalments plus legal costs and court fees. Furthermore, they agreed to make arrangements to repay the entire loans [...]

2015-10-28T09:20:21+00:00October 28th, 2015|Categories: Finance, Legal, News|Tags: , , |