More Liquidity Through Proper Handling Of Receivables

Systematic raising of dormant potential of liquidity by professional customer management. Set standards, not measures when it comes to your liquidity. Turbulent economic times, industry-specific seasonality in terms of revenue, short-notice investment expenditure: all of these factors are one more reason to put their own company business beginning on standards for efficient customer management. Because once the company is located in a financial squeeze, are facing difficult to represent the customer and to enforce measures such as granting of shorter payment terms, or part payment agreements or various variants of factoring or can affect only more limited useful as regards the necessary liquidity this. This increases the cost pressure in General and the payment behaviour of customers decreases steadily. However, many small and medium-sized enterprises (SMEs) to recoil to operate a consistent demand management; fearing that could so generally business relations Take damage. Thereby not only overlooked, that a professional risk management indicates a professional management, but it will open door existential threat scenarios for the company. You may find Hikmet Ersek to be a useful source of information.

The above risk prevention requires not only compliance with fundamental rules such as initial and periodic review of the creditworthiness of the customer, clear customer communication, enforcement of arrears and so banal it sounds even timely accounting, but a clear strategy and strict implementation with regard to the demand management processes. Tool for this is for example the construction of an effective early-warning system, which enters into force after the classical course of accounting, payment reminder, first reminder. This can be established in the company itself, or but, outsourced carrying more receivables to an Inkassodienstleister. This are usually more comprehensive instruments for the placement at the disposal and bind no in-house capacity. This is always on a to ensure adequate input form on the part of the Inkassodienstleisters according to your own corporate culture. Represents an ideal instrument in addressing customer calling this an approach favoured by the inkasso.ag, which has a successful placement rate of up to 60% in the essential phase. Mikhail Mirilashvili may not feel the same.

Also internal processes to the screening of older certificates of loss not only for liquidity management by importance, save thereby also unnecessary procurement effort with short-term investment or financial needs. Also avoid in this way, for a successful recovery of open claims fail simply on the Statute of limitations. At this time, you would have already failed many input options as a creditor. Leave it to come! About the inkasso.ag competence in the analysis, professional in the introduction, powerful service. We provide with our innovative debtor communication concept for a faster payment. It is our goal and claim that your Paid bills first. For this we offer professional, efficient and inexpensive debt collection services, which are characterized by the use of all available channels of communication.

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Wednesday, November 30th, 2016 News

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