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News

The first priority…tackle late payment

Margot James, a former business owner who supports a reduction in business rates, has been appointed minister for small business, consumer protection and corporate social responsibility. She will be part of the newly formed Department of Business, Energy, and Industrial Strategy where she will be taking over from Anna Soubry. James, who co-founded Shire Health, a [...]

2016-08-08T09:52:27+01:00August 8th, 2016|Categories: Business, credit control, Late payment, News, Outsourcing|Tags: , , |

Employ or Outsource your Credit Control position?

Obviously I will say outsource, but with good reason. Working in an office filled with teams of credit controllers gives me plenty of great insight into how credit control truly makes a difference between make and break for many SME’s, and how time consuming the process is. Having an experienced and reliable credit controller is the [...]

2016-08-08T09:49:47+01:00August 8th, 2016|Categories: Business, credit control, Late payment, News, Outsourcing|Tags: , , |

Another leading London Accountancy firm chooses to outsource credit control to Sterling

Another leading London accountancy firm signs with Sterling. A third leading London Accountancy firm has chosen to outsource credit control and debt recovery to Sterling, this follows a successful trial period. The firm ran a trial with three of their 15 partners for 4 months. During this period Sterling managed to improve cash-flow for the 3 partners [...]

2016-05-26T17:00:19+01:00May 26th, 2016|Categories: Accountancy, B2B, Business, credit control, Debt Recovery, News|

Small business quarterly tax returns?

Does the government really understand how business works? This is a question being asked by hundreds of thousands of small firms as we near one of the most significant regulatory changes that could add time, effort and cost to doing business. Requiring small firms to account for their corporation tax on a quarterly basis, rather than [...]

2016-05-25T16:11:25+01:00May 25th, 2016|Categories: Accountancy, Business, credit control, News, Outsourcing|Tags: , , |

Recruitment Sector Debt Recovery Specialists

Great start to this week as Sterling have already helped another Recruitment Agency. This problem involved a common occurrence, the debtor had not settled the Agency’s invoice within terms, and then when the candidate resigned they refused to settle the invoice at all. Not paying on time was a silly decision by the debtor, as they negated their right to [...]

2016-05-23T15:07:57+01:00May 23rd, 2016|Categories: Business, Debt, News, Recruitment|Tags: , |

Recruitment debt – Placement fee recovery

Recruitment Debt - Recovery of Placement Fee 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 by the debtor when they failed [...]

Enterprise Act becomes law, will it help small firms resolve issues such as late payment?

The Enterprise Act includes measures to: establish a Small Business Commissioner to help small firms resolve issues such as late payment include the actions of regulators in the government’s £10 billion deregulation target and increase transparency through annual reporting requirements extend the successful Primary Authority scheme to make it easier for businesses to access consistent, tailored [...]

2016-05-05T16:41:30+01:00May 5th, 2016|Categories: Legal, News, SME|Tags: |

Bankruptcy applications move online from April 2016

Cheaper and speedier online applications for bankruptcy will be introduced in April as part of the Government’s drive to improve access to public services. From 6 April 2016 people seeking to make themselves bankrupt will no longer need to apply to the court. Instead they will complete an online bankruptcy application on GOV.UK, which will be [...]

2016-04-01T11:19:23+01:00April 1st, 2016|Categories: Insolvency, News|Tags: |

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 [...]

SME’s increasingly feeling the strain of late payment in the UK. We provide a simple checklist to help you stay ahead of the game

If you do regular business with slow paying clients, you are probably spending much more time chasing payments than you should be. This is not the best use of your work time and can undermine your business relationships with those clients. Prioritising credit control (payment collection) activity will go a long way to improving your collections and [...]

2016-03-10T17:28:20+00:00March 10th, 2016|Categories: B2B, Business, credit control, Debt Recovery, News, Outsourcing, SME|