outsource credit control

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Avoid risk: One insolvency leads to others in suppliers

In the past 6 months over a quarter of UK companies have suffered financial loss due to the insolvency of a customer according to research by R3, the association of business recovery professionals. The figures are evidence of a domino effect, where one insolvency leads to others in suppliers. Implementing an effective credit policy with regular [...]

2018-09-17T13:38:27+00:00September 17th, 2018|Categories: B2B, Business, credit control, Debt Recovery, Insolvency, News|Tags: , |

Managing cash flow and customer relations for a top 50 UK accountancy firm

This client, a top London accountancy firm,  has used Sterling since 2009. Sterling began by having discussions with them regarding their credit control function. At the time it was being managed by a finance controller and assistant, both of whom had other responsibilities which they were giving priority to. The firm was very nervous about outsourcing, in particular [...]

2018-06-06T10:06:00+00:00April 26th, 2018|Categories: Accountancy, B2B, Business, credit control, Debt Recovery, News, Outsourcing|Tags: |