Sterling specialise in collecting debts for recruiters via our debt recovery and legal services. We also provide services to find back door hire cases, and outsourced credit control.
In this case our client, a recruiter specialising in IT, had been dealing with the HR Manager of a large workwear clothing manufacturer to place an ERP Manager.
Temp to perms are usually fairly simple cases, the candidate is taken on as a temporary worker or contractor on day rate, they reach the end of their placement, some time later you find they’ve been hired on a permanent contract, a transfer fee is due. This case is a little different.
Recruitment debts owed by large corporations can often be caused by poor communication or weak process in the debtor’s business. They can often be difficult to collect, with managers within the corporation being bound by internal rules, which for them overrule contract law.
In this case our client, a recruiter specialising in placing accountants into accountancy firms, placed a bookkeeper with a small firm in Manchester. The bookkeeper had the relevant qualifications that the accountancy firm had specified and was taken on following a successful interview.
Our client, a UK based firm of head-hunters specialising in the commodity and private banking sectors, engaged Sterling’s HireChecker service to analyse their data for back door cases.
In this case our client is a construction sector recruiter. Their debtor is a large property development company (let’s call them Business A) owing £38k in temp and transfer fees.
"..........I would like to single out our contact, Neil, who has been a big help and valued advisor throughout the covid downturn. Neil has helped us in recovering a number of debts – one of which was nearly three years old! He has always been personable and honest throughout all of our dealings, which I really appreciate!..........."
So how should companies go about chasing invoices in this kind of environment?
The overall strategy will differ depending on the financial status of the...
Several businesses have sought advice from Sterling, asking whether they should suspend their credit control collection process completely until the lock-down is lifted, fearing that chasing payments now may damage customer relationships.
In the current business environment caused by the coronavirus (COVID-19), it’s crucial for businesses to protect cash flow. Whilst many companies are taking positive...
Sterling Outsourcing provides high quality outsourced services primarily around the order to cash process and finance back-office. Clients range in size from small businesses...