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Streamline your Accounts Receivable Collection
Outsourcing your AR management to Sterling Services can give your company a unique service advantage that provides personal, professional, cost effective and SUCCESSFUL accounts receivable management at a lower cost than an in-house department. As your "virtual" accounts receivable department, we act as an extension of your company.
Our customer/client focused approach to receivables management helps preserve the customer/client relationship while ensuring prompt payment of your receivables.
Want to discuss how Sterling Services can be of assistance to your company? Please call us at: 905-373-0370
Why Outsource your Accounts Receivable?
In a recent article entitled, "AR Outsourcing — Coming of Age in the New Millennium," Price Waterhouse Coopers reported that 57 percent of surveyed companies failed to set performance objectives for the management of their accounts receivable portfolios. The article went on to state that advantages of outsourcing accounts receivable include: increased recoveries, superior expertise, and the increased ability for company staff to focus on core business functions that produce profit.
Today, many businesses are outsourcing non-revenue producing activities due to the on- going costs of employees, the ebb and flow of workloads and to obtain an evaluation of their internal business processes regarding accounts receivables and their collection.
Sterling Services is NOT a collection agency. Not in the traditional sense. The use of collection agencies to recover receivables does not provide an effective focus on the customer relationship. Collection agencies focus solely on the collection of highly delinquent accounts in which the customer relationship is already highly suspect or irretrievably damaged. Sterling Services provides account receivable management through the operation of a "virtual" account receivables department with services comparable to a senior accounting/credit/collections clerk but at a more reasonable cost as there are no fixed salaries, vacation pay or benefits packages involved. And we do this using our "Client First" Program. Learn More >>
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