Advice from Pro to Pro

Outsourcing debt collection: the 6 criteria that really matter

What you need to know before delegating your debt collection to a service provider Outsourcing your debt collection means entrusting a significant portion of your company’s cash flow to a third party. This is a strategic move to preserve your financial health… provided you choose the right partner. However, too many companies still rely on […]

How to assess the risk of non-payment of receivables?

Debt collection is a major strategic issue for any company concerned with preserving its cash flow and avoiding the permanent loss of uncollectible debt. Preventing the risk of non-payment and anticipating the consequences of an unpaid debt requires a rigorous analysis of the customer’s financial situation, the amount of the debt, the payment deadlines granted, […]

Advice from Pro to Pro

Debt collection abroad: the challenges

The challenges of debt collection abroad En commerce international, le recouvrement de créances à l’étranger est un exercice à la fois stratégique, juridique et culturel. Récupérer une créance dans le pays du débiteur peut rapidement devenir une opération complexe : barrière linguistique, systèmes juridiques différents, difficultés à localiser le débiteur ou à faire exécuter un […]

Advice from Pro to Pro

What are the usual timeframes for the debt recovery process?

The debt recovery process can last between 30 days and 18 months , depending on the nature of the debt, the debtor’s responsiveness, the actions taken and the procedures chosen ( amicable or legal ). In simple cases settled amicably, payment is often made in less than 60 days. For more complex cases requiring legal […]

Advice from Pro to Pro

Cybersecurity for debt collection companies: the decisive criterion

Outsourcing debt collection is a strategic lever. But still too few companies assess the cybersecurity maturity of the debt collection agencies they hire. For CFOs and credit managers, however, this criterion is becoming crucial. Here’s a breakdown and best practices, based on the case study of GESTION CREDIT EXPERT, a debt collection company serving businesses […]

Advice from Pro to Pro

How Automated Payment Reminders Can Transform Your Collection Strategy?

For businesses, late payments can quickly become a nightmare and jeopardize their cash flow and financial stability. Imagine that, despite all your efforts to maintain a good relationship with your customers, some of them are late in paying their invoices. You find yourself multiplying reminders, spending hours on repetitive administrative tasks, when these precious resources […]

Advice from Pro to Pro

The Role of Automated Recurring Billing in Optimizing Revenue Management

Many businesses spend hours each month manually reviewing, editing, and sending invoices. However, errors pile up, payments get delayed, and cash flow or collections become increasingly complex. Sound familiar? Manual invoice management, while common, is a common source of stress for many businesses. Moreover, an IDC study revealed that accounting departments spend 30% of their […]

Advice from Pro to Pro

What management tools allow you to monitor and optimize WCR in real time?

Working capital requirement (WCR) is a key indicator of a company’s financial performance. A high WCR can jeopardize the sustainability of your business. Accounting management software, collection tracking tools, process automation tools, etc. There are many tools to help you control your WCR and optimize your cash flow. By accelerating debt collection , you free […]

Advice from Pro to Pro

High-growth startups: how to control your receivables?

Rapid growth is a goal for many startups and small and medium-sized enterprises (SMEs). However, this development is often accompanied by significant financial challenges, particularly those related to receivables management. Growth, if not controlled, can jeopardize the financial health of a company and hinder its progress. In this article, we remind you why and how […]

Advice from Pro to Pro

Which service should I use for invoice recovery for an SME?

Around 80% of SMEs experience late payments. These unpaid bills can have serious consequences for your business: difficulties meeting your own commitments to suppliers, hampered investments, lack of liquidity to finance growth, etc. It is therefore essential to react quickly and effectively to recover your receivables. Fortunately, there is a solution to recover your debts […]