Management-Finance

Why is accounts receivable management essential for your business?

Managing accounts receivable 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 that outsourcing customer […]

Management-Finance

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 […]

Management-Finance

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 firm specializing in debt recovery , guides you in this article to optimize your aged balance and improve […]

Management-Finance

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 […]

Management-Finance

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.

Management-Finance

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 […]

Management-Finance

Understanding, managing and accounting for bad debts

Management-Finance

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, […]

Management-Finance

5 reasons to collect your debts before the accounting close

The end of the year is approaching and with it perhaps its share of stress and worries regarding the management of the annual accounting closing of your company. Frequently asked questions from managers who consult us relate to: But debt collection is an element often neglected on their part and which can nevertheless prove decisive […]

Management-Finance

What if my customer does not pay my invoice? Full guide to securing your payment

In France, 25% of business bankruptcies are directly caused by late payments and unpaid bills. But what exactly is an unpaid invoice? An unpaid invoice is an invoice issued by a company that has not been paid by its customer within the agreed time frame. This can lead to significant financial difficulties, jeopardizing the stability […]