Collection Effectiveness Index (CEI)
CEI shows the percentage of money collected from your outstanding receivables within a given period. It’s calculated by comparing beginning and ending receivables with monthly credit sales.
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CEI =
Beginning Receivables + Monthly Credit Sales - Ending Total Receivables
Beginning Receivables + Monthly Credit Sales - Ending Current Receivables​
X 100
Calculate CEI
Specialist Sectors
For almost 20 years, we provided expert credit control services to businesses across all sectors. While we cater to a wide range of industries, our focus areas are recruitment, accountancy, and fintech. With extensive experience in these sectors, we understand the unique challenges and offer tailored solutions to optimise cash flow and improve payment processes
Recruitment
We ensure prompt payments by resolving disputes, improving order-to-cash processes, and integrating seamlessly with invoice financing. With services like debt recovery and our HireChecker tool for identifying backdoor placements, we secure your cash flow and protect your revenue.
Accountancy
We handle sales ledgers under your brand and improve your cash flow by up to 30% while safeguarding client relationships. Our flexible services cover everything from new client take-on to debt collection, giving you more time to focus on your core business.
Fintech
Sterling provides expert credit control as well as customer service for fintech companies, improving cash flow, reducing bad debts, and strengthening financial stability.