Advice from Pro to Pro

How to assess the financial health of a company?
Advice from Pro to Pro
How to assess the financial health of a company?
For debt collection companies , the financial health of a business is a valuable indicator of its creditworthiness and ability to repay its debts. By evaluating this aspect, they can adapt their recovery strategies , target the most appropriate actions and increase their chances of success. What is the financial health of a company? The […]
How to proceed with a collection?
Advice from Pro to Pro
How to proceed with a collection?
Maintaining a good level of cash flow is a major challenge for business leaders and CFOs. However, even the best-run businesses sometimes find themselves faced with debtors who are slow to meet their payment obligations. Debt collection then acts as an almost vital means because it helps to preserve the financial stability of a company. […]
Why outsource debt collection?
Advice from Pro to Pro
Why outsource debt collection?
Debt collection or accounts receivable management is an essential element of the financial health of a company. This article first explores all the constituent elements of receivables and the often underestimated crucial importance of optimizing its management to guarantee the stability, growth and sustainability of a company. Then, we will exhaustively study all the benefits […]
What are the differences between amicable recovery and legal recovery?
Advice from Pro to Pro
What are the differences between amicable recovery and legal recovery?
Are you having difficulty recovering your debts? Are you hesitating between an amicable approach and legal action? GESTION CREDIT EXPERT, debt recovery company , enlightens you on the distinctions between amicable recovery and legal recovery . Our goal: to help you maximize your chances of success while preserving your customer relationships. What is the difference […]
How to improve an old scale?
Advice from Pro to Pro
How to improve an old scale?
Late payments are a source of stress and financial difficulties for many businesses. Effectively managing your aged balance is essential to limit unpaid debts and guarantee the financial health of your business. MANAGEMENT CREDIT EXPERT , debt recovery company , guides you in this article to optimize your aged balance and improve your cash flow. […]
Working capital requirement: what is it?
Advice from Pro to Pro
Working capital requirement: what is it?
Working capital requirement (commonly called WCR ) is an essential financial indicator for all businesses. It measures the difference between the resources the company uses to finance its operating cycle and the time it takes to turn its assets into cash . Why is it important to assess the WCR, how to calculate it, and […]
GESTION CREDIT EXPERT wishes you a happy new year 2024.
Advice from Pro to Pro
GESTION CREDIT EXPERT wishes you a happy new year 2024.
"The pessimist complains about the wind, the optimist hopes it will change, the realist adjusts his sails." William Arthur Ward.
Understanding, managing and accounting for bad debts
Advice from Pro to Pro
Understanding, managing and accounting for bad debts
Bad debt refers to an unpaid debt or invoice that has a high risk of non-collection. In other words, a debt is considered doubtful when the company to which a sum of money is owed has doubts about the ability of its debtor customer to pay the debt in full. This uncertainty can weigh heavily […]
Understanding, managing and accounting for bad debts
Advice from Pro to Pro
Understanding, managing and accounting for bad debts
Bad debt refers to an unpaid debt or invoice that has a high risk of non-collection. In other words, a debt is considered doubtful when the company to which a sum of money is owed has doubts about the ability of its debtor customer to pay the debt in full. This uncertainty can weigh heavily […]
What is a collection company: roles and missions
Advice from Pro to Pro
What is a collection company: roles and missions
In today’s uncertain economic context, collection companies play an essential role by acting as essential players in customer relations. However, their operation often remains unknown to the general public. This article aims to shed some light on this industry by exploring in detail what a collection company actually is . We will discuss its definition, […]