Receivables management

Repayment monitoring. This service aims at preventing anticipated debts. It is recommended to entrepreneurs who identify the risk of outstanding payments on the part of their clients. It is particularly advisable in the case of firms which sell products on a mass scale, where complex receivables management requires additional expenditures on modern systems and qualified staff.

The monitoring service involves controlling payments by phone from the moment of contracting until the date of required settlement.

Regular contact with contractors enables us to eliminate the risk of errors or lack of invoices, establish positive co-operation, and make a preliminary assessment of the recipient’s payment discipline and financial condition. It also enables to react promptly by launching pre-trial debt recovery procedures or civil claim settlement proceedings.

Repayment monitoring facilitates maintaining current financial liquidity, shortens the cycle of financial asset conversion within the firm, lowers the cost of financing contractors, prevents further transactions with unreliable entities, and helps develop safety mechanisms in the event of outstanding payments or clients’ insolvency.