News

What is a company’s recovery rate?
News
What is a company’s recovery rate?
The recovery rate is a key indicator for any company. It measures the efficiency with which it manages to recover the amounts owed by its customers. But what does this rate really mean and how can it be optimized? As a debt collection company , GESTION CREDIT EXPERT provides you with all the answers to […]
Which service should I use for invoice recovery for an SME?
News
Which service should I use for invoice recovery for an SME?
Around 80% of SMEs experience late payments. These unpaid amounts can have serious consequences for your business: difficulties in honouring your own commitments to your suppliers, slowed 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 […]
How to assess the financial health of a company?
News
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?
News
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?
News
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 comprehensively study all the benefits […]
What are the differences between amicable recovery and legal recovery?
News
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, a debt collection company , provides you with information 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 […]
How to improve an old scale?
News
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. GESTION CREDIT EXPERT , a debt collection company , guides you in this article to optimize your aged balance and improve your cash […]
Working capital requirement: what is it?
News
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.
News
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
News
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 […]