{"id":5137,"date":"2022-07-20T14:45:07","date_gmt":"2022-07-20T12:45:07","guid":{"rendered":"https:\/\/www.gestioncreditexpert.com\/credit-management\/business-tools\/"},"modified":"2025-03-10T13:32:00","modified_gmt":"2025-03-10T12:32:00","slug":"business-tools","status":"publish","type":"page","link":"https:\/\/www.gestioncreditexpert.com\/en\/credit-management\/business-tools\/","title":{"rendered":"Business tools"},"content":{"rendered":"\r\n<div class=\"two-columns-form bg-blue-linear\">\r\n    <div class=\"container\">\r\n                    <div class=\"breadcrumb\" itemscope itemtype=\"https:\/\/schema.org\/BreadcrumbList\"><span><span class=\"brd-first\" itemprop=\"itemListElement\" itemscope\n\titemtype=\"https:\/\/schema.org\/ListItem\"><span itemprop=\"position\"><a class=\"page\" itemprop=\"item\" href=\"https:\/\/www.gestioncreditexpert.com\/en\/\"><span itemprop=\"name\">Home<\/span><\/span><\/a><\/span><\/span><\/div>                        <div class=\"row\">\r\n            <div class=\"col-12 col-lg-5  \">\r\n                                                            <h1 class=\"title text-strong-gradient\">Business tools<\/h1>\r\n                                                                                            <div class=\"subtitle\">\r\n                        <h3 class=\"subtitle text-strong-gradient\"><strong>Do you want to upgrade your receivables management tools?<\/strong><\/h3>\r\n                    <\/div>\r\n                                                    <div class=\"description\"><p>Our EXPERT BFR consultants support you in upgrading your existing tools or in choosing the software best suited to your sector of activity, your type of clientele and your specificities.<br \/>\n<\/br><\/br><\/p>\n<h2>A tailor-made response to your Credit Management challenges<\/h2>\n<p>Thanks to their dual business\/tools skills and their constant monitoring of market developments, our EXPERT BFR consultants support you in defining your needs, choosing your credit management solution, setting up the tools and training users.<br \/>\n<\/br><\/p>\n<h2>Your goals:<\/h2>\n<ul>\n<li>Improve cash level<\/li>\n<li>Reduce your payment terms<\/li>\n<li>Manage the visibility of credit management at each level: group, company, subsidiary, region, agency, commercial<\/li>\n<li>Improve customer relations and satisfaction<\/li>\n<li>Improve your invoicing process<\/li>\n<li>Manage the performance of your teams<\/li>\n<li>Facilitate the management of internal and external reminders<\/li>\n<\/ul>\n<\/div>\r\n                                                                            <img decoding=\"async\" src=\"https:\/\/www.gestioncreditexpert.com\/wp-content\/uploads\/2022\/11\/logo-BFR-experts-e1669382799267.png\" alt=\"logo-BFR-experts\" class=\"image\">\r\n                                                                                                    \r\n                            <\/div>\r\n            <div class=\"col-12 col-lg-1 order-2 \"><\/div>\r\n            <div class=\"col-12 col-lg-6 order-3 \">\r\n                 \r\n                <div class=\"bg-form  \">\r\n                                                                 <div class=\"text-center\">\r\n                            <h3 class=\"subtitle-form text-strong-gradient\"><p>An advisor will call you back during the day<\/br> (Monday to Friday) to understand your needs and answer all your questions.<\/p>\n<\/h3>\r\n                         <\/div>\r\n                     \r\n                                            <div class=\"required-form\">*Required fields<\/div>\r\n                                        \n\t\t\t\t\t\t<script>\n\t\t\t\t\t\t\twindow.hsFormsOnReady = window.hsFormsOnReady || [];\n\t\t\t\t\t\t\twindow.hsFormsOnReady.push(()=>{\n\t\t\t\t\t\t\t\thbspt.forms.create({\n\t\t\t\t\t\t\t\t\tportalId: 25334386,\n\t\t\t\t\t\t\t\t\tformId: \"d1709b81-ceeb-4140-a051-92d1b8ca8074\",\n\t\t\t\t\t\t\t\t\ttarget: \"#hbspt-form-1787615397000-3097526759\",\n\t\t\t\t\t\t\t\t\tregion: \"eu1\",\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t})});\n\t\t\t\t\t\t<\/script>\n\t\t\t\t\t\t<div class=\"hbspt-form\" id=\"hbspt-form-1787615397000-3097526759\"><\/div>                                            <div class=\"confidential-form\">The information collected is subject to computer processing intended to respond quickly to your request and may be used for any commercial information purpose by GESTION CREDIT EXPERT as well as for the quality monitoring of our actions.\r\nFor more details, <a href=\"\/en\/personal-data\/\" target=\"_blank\">click here<\/a>.<\/div>\r\n                                    <\/div>\r\n            <\/div>\r\n        <\/div>\r\n        <div class=\"row\">\r\n            <div class=\"col-12\">\r\n                        <\/div>\r\n        <\/div>\r\n    <\/div>\r\n<\/div>\n\n\r\n<div class=\"bg-blue\">\r\n    <div class=\"card-slider\">\r\n        <div class=\"custom-container\">\r\n                                    <div class=\"swiper fourcardSwiper   \">\r\n                <div class=\"swiper-wrapper\">\r\n                                            <div class=\"swiper-slide\">\r\n                                                            <img decoding=\"async\" src=\"https:\/\/www.gestioncreditexpert.com\/wp-content\/uploads\/2022\/08\/skills-1.svg\" alt=\"skills 1\" class=\"icon\">\r\n                                                                                        <h4 class=\"small-title text-strong-gradient\">Dual Expertise<\/h4>\r\n                                                                                        <div class=\"description\"><p>Business and &#8216;system<br \/>\ninformation&#8217; from our<br \/>\nconsultants.<\/p>\n<\/div>\r\n                                                                                <\/div>\r\n                                            <div class=\"swiper-slide\">\r\n                                                            <img decoding=\"async\" src=\"https:\/\/www.gestioncreditexpert.com\/wp-content\/uploads\/2022\/06\/liberte.svg\" alt=\"liberte\" class=\"icon\">\r\n                                                                                        <h4 class=\"small-title text-strong-gradient\">Independence<\/h4>\r\n                                                                                        <div class=\"description\"><p>Vis-\u00e0-vis all<br \/>\nmarket players.<\/p>\n<\/div>\r\n                                                                                <\/div>\r\n                                            <div class=\"swiper-slide\">\r\n                                                            <img decoding=\"async\" src=\"https:\/\/www.gestioncreditexpert.com\/wp-content\/uploads\/2022\/08\/sablier-1.svg\" alt=\"Les \u00e9tapes cl\u00e9s du recouvrement judiciaire de cr\u00e9ances pour obtenir gain de cause\" class=\"icon\">\r\n                                                                                        <h4 class=\"small-title text-strong-gradient\">Return on investment<\/h4>\r\n                                                                                        <div class=\"description\"><p>Fast and unmistakable.<\/p>\n<\/div>\r\n                                                                                <\/div>\r\n                                            <div class=\"swiper-slide\">\r\n                                                            <img decoding=\"async\" src=\"https:\/\/www.gestioncreditexpert.com\/wp-content\/uploads\/2022\/06\/ecoute.svg\" alt=\"ecoute\" class=\"icon\">\r\n                                                                                        <h4 class=\"small-title text-strong-gradient\">Listening and simplicity<\/h4>\r\n                                                                                        <div class=\"description\"><p>We adapt to your corporate culture and your processes.<\/p>\n<\/div>\r\n                                                                                <\/div>\r\n                                    <\/div>\r\n                <div class=\"swiper-button-next\"><\/div>\r\n                <div class=\"swiper-button-prev\"><\/div>\r\n                <div class=\"swiper-pagination\"><\/div>\r\n            <\/div>\r\n            <div class=\"d-flex justify-content-center\">\r\n                            <\/div>\r\n        <\/div>\r\n    <\/div>\r\n<\/div>\n\n\r\n<div class=\"bg-orange-linear\">\r\n    <div class=\"two-columns-text\">\r\n        <div class=\"container\">\r\n                            <h2 class=\"title\">Your needs<\/h2>\r\n                                    <div class=\"row\">\r\n                <div class=\"col-12 col-lg-6\">\r\n                                            <div class=\"text-content\">\r\n                            <ul>\n<li>Create and manage follow-up scenarios for your amicable collection (according to the profile of your customers, their payment behavior and the risks) and set up dynamic agendas that take into account the challenges of each of your customers, schedule the actions to be carried out and their priority<\/li>\n<li>Automate your billing<\/li>\n<li>Manage your customer outstandings by risk level<\/li>\n<li>Improve the management and follow-up of your disputes by nature<\/li>\n<li>Set up internal scoring integrating sector data and financial and operating information from your clients<\/li>\n<\/ul>\n                        <\/div>\r\n                                    <\/div>\r\n                <div class=\"col-12 col-lg-6\">\r\n                                        <div class=\"text-content\">\r\n                            <ul>\n<li>Automate the relationship with your partners (financial information providers, credit insurers, factors, collection companies, commercial information company, etc.)<\/li>\n<li>Improve communication between your teams (sales, ADV, customer credit, collection, accounting and finance, logistics, legal, etc.)<\/li>\n<li>Set up relevant management dashboards according to the actors of your company (DG, DAF, treasury, sales, ADV, logistics, credit management, etc.)<\/li>\n<\/ul>\n                        <\/div>\r\n                                    <\/div>\r\n            <\/div>\r\n        <\/div>\r\n    <\/div>\r\n<\/div>\n\n\r\n<div class=\"bg-blue-linear\">\r\n    <div class=\"text-image\">\r\n        <div class=\"container\">\r\n            <div class=\"row\">\r\n                <div class=\"col-12 col-lg-7 order-lg-1 \">\r\n                    <div class=\"content d-flex  flex-column justify-content-center align-items-center align-items-lg-start  mb-5\">\r\n                                                    <img decoding=\"async\" src=\"https:\/\/www.gestioncreditexpert.com\/wp-content\/uploads\/2022\/10\/outils-metiers_oneline-V2-2.png\" alt=\"Outils m\u00e9tiers BFR EXPERT | Gestion Credit Expert\" class=\"image img-fluid\">\r\n                                            <\/div>\r\n                <\/div>\r\n                <div class=\"col-12 col-lg-5 order-lg-2 \">\r\n                    <div class=\"content d-flex flex-column justify-content-center align-items-start\">\r\n                            \r\n                            <div class=\"text-content\"><h2>Methodical and structured support<\/h2>\n<p>From the review of the existing system to the deployment of the tool, our BFR EXPERT consultants support you at each stage of the project.<\/p>\n<ul>\n<li>Project management assistance (AMOA)<\/li>\n<li>Definition and drafting of specifications<\/li>\n<li>Advice and support for the choice of the tool<\/li>\n<li>Tool setting<\/li>\n<li>Training and support for your change teams<\/li>\n<li>Maintenance management<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><a class=\"btn-primary\" href=\"https:\/\/www.gestioncreditexpert.com\/en\/contact\/\">Contact us<\/a><\/p>\n<\/div>\r\n                                            <\/div>\r\n                <\/div>\r\n            <\/div>\r\n        <\/div>\r\n    <\/div>\r\n<\/div>\n\n\r\n<div class=\"bg-orange-linear\">\r\n    <div class=\"blog-rebound\">\r\n        <div class=\"custom-container\">\r\n                            <h2 class=\"title text-strong-gradient\">Everything you need to know<\/br> in credit management<\/h2>\r\n                                                    <div class=\"swiper blogSwiper\">\r\n                    <div class=\"swiper-wrapper\">\r\n                                                    <div class=\"swiper-slide\">\r\n                                                                <a href=\"https:\/\/www.gestioncreditexpert.com\/en\/how-does-wcr-influence-a-companys-solvency\/\">\r\n                                    <img decoding=\"async\" src=\"https:\/\/www.gestioncreditexpert.com\/wp-content\/uploads\/2025\/08\/comprendre-BFR-400x210.png\" alt=\"How does WCR influence a company&#8217;s solvency?\" class=\"image\">\r\n                                <\/a>\r\n                                <div class=\"content\">\r\n                                    <a href=\"https:\/\/www.gestioncreditexpert.com\/en\/category\/management-finance\/\" class=\"category\">Management-Finance<\/a>\r\n                                    <a href=\"https:\/\/www.gestioncreditexpert.com\/en\/how-does-wcr-influence-a-companys-solvency\/\"><div class=\"small-title\">How does WCR influence a company&#8217;s solvency?<\/div><\/a>\r\n                                    <div class=\"description\">Working Capital Requirement (WCR) is a key indicator of a company&#8217;s financial management. It measures the gap between cash receipts and cash outflows related to operations, in other words, the money tied up in inventories, trade receivables, and trade payables. This gap may seem trivial, but it has a direct impact on short-term solvency. Even [&hellip;]<\/div>\r\n                                <\/div>\r\n                            <\/div>\r\n                                                    <div class=\"swiper-slide\">\r\n                                                                <a href=\"https:\/\/www.gestioncreditexpert.com\/en\/outsourcing-debt-collection-the-6-criteria-that-really-matter\/\">\r\n                                    <img decoding=\"async\" src=\"https:\/\/www.gestioncreditexpert.com\/wp-content\/uploads\/2025\/07\/AdobeStock_401836495-400x210.jpeg\" alt=\"Outsourcing debt collection: the 6 criteria that really matter\" class=\"image\">\r\n                                <\/a>\r\n                                <div class=\"content\">\r\n                                    <a href=\"https:\/\/www.gestioncreditexpert.com\/en\/category\/advice-from-pro-to-pro\/\" class=\"category\">Advice from Pro to Pro<\/a>\r\n                                    <a href=\"https:\/\/www.gestioncreditexpert.com\/en\/outsourcing-debt-collection-the-6-criteria-that-really-matter\/\"><div class=\"small-title\">Outsourcing debt collection: the 6 criteria that really matter<\/div><\/a>\r\n                                    <div class=\"description\">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&#8217;s cash flow to a third party. This is a strategic move to preserve your financial health&#8230; provided you choose the right partner. However, too many companies still rely on [&hellip;]<\/div>\r\n                                <\/div>\r\n                            <\/div>\r\n                                                    <div class=\"swiper-slide\">\r\n                                                                <a href=\"https:\/\/www.gestioncreditexpert.com\/en\/debt-collection-company-role-mission-and-benefits-for-businesses\/\">\r\n                                    <img decoding=\"async\" src=\"https:\/\/www.gestioncreditexpert.com\/wp-content\/uploads\/2024\/10\/AdobeStock_555744252-400x210.jpeg\" alt=\"Debt collection company: role, mission and benefits for businesses\" class=\"image\">\r\n                                <\/a>\r\n                                <div class=\"content\">\r\n                                    <a href=\"https:\/\/www.gestioncreditexpert.com\/en\/category\/news\/\" class=\"category\">News<\/a>\r\n                                    <a href=\"https:\/\/www.gestioncreditexpert.com\/en\/debt-collection-company-role-mission-and-benefits-for-businesses\/\"><div class=\"small-title\">Debt collection company: role, mission and benefits for businesses<\/div><\/a>\r\n                                    <div class=\"description\">What is a debt collection company? A debt collection agency is a company specializing in recovering unpaid debts on behalf of its clients, whether they are SMEs, large corporations, or multinationals. Debt collection experts use legal know-how and advanced negotiation techniques to efficiently recover outstanding funds while maintaining the business relationship between the creditor and [&hellip;]<\/div>\r\n                                <\/div>\r\n                            <\/div>\r\n                                                    <div class=\"swiper-slide\">\r\n                                                                <a href=\"https:\/\/www.gestioncreditexpert.com\/en\/treasury-what-solutions-when-the-bank-says-no\/\">\r\n                                    <img decoding=\"async\" src=\"https:\/\/www.gestioncreditexpert.com\/wp-content\/uploads\/2025\/07\/2025-image-de-garde-quelle-solution-pour-renforcer-la-tresorerie-ML-400x210.jpeg\" alt=\"Treasury: what alternatives to bank financing?\" class=\"image\">\r\n                                <\/a>\r\n                                <div class=\"content\">\r\n                                    <a href=\"https:\/\/www.gestioncreditexpert.com\/en\/category\/management-finance\/\" class=\"category\">Management-Finance<\/a>\r\n                                    <a href=\"https:\/\/www.gestioncreditexpert.com\/en\/treasury-what-solutions-when-the-bank-says-no\/\"><div class=\"small-title\">Treasury: what alternatives to bank financing?<\/div><\/a>\r\n                                    <div class=\"description\">Cash flow isn&#8217;t just a CFO issue: it&#8217;s the keystone of your ability to invest, pay, and grow. And when a company faces increasingly rigid bank financing conditions\u2014high interest rates, collateral requirements, and tight lending criteria\u2014it becomes vital for a company to understand and master alternative financing solutions to secure its operations, preserve its cash [&hellip;]<\/div>\r\n                                <\/div>\r\n                            <\/div>\r\n                                                    <div class=\"swiper-slide\">\r\n                                                                <a href=\"https:\/\/www.gestioncreditexpert.com\/en\/solutions-to-improve-cash-flow-comparison-between-credit-insurance-factoring-and-debt-collection-companies\/\">\r\n                                    <img decoding=\"async\" src=\"https:\/\/www.gestioncreditexpert.com\/wp-content\/uploads\/2025\/07\/AdobeStock_1280486051-400x210.jpeg\" alt=\"Solutions to improve cash flow: comparison between credit insurance, factoring and debt collection companies\" class=\"image\">\r\n                                <\/a>\r\n                                <div class=\"content\">\r\n                                    <a href=\"https:\/\/www.gestioncreditexpert.com\/en\/category\/management-finance\/\" class=\"category\">Management-Finance<\/a>\r\n                                    <a href=\"https:\/\/www.gestioncreditexpert.com\/en\/solutions-to-improve-cash-flow-comparison-between-credit-insurance-factoring-and-debt-collection-companies\/\"><div class=\"small-title\">Solutions to improve cash flow: comparison between credit insurance, factoring and debt collection companies<\/div><\/a>\r\n                                    <div class=\"description\">Given the persistent pressure on margins and cash flow, customer account management remains one of the top priorities for Finance Departments. Cash flow determines a company&#8217;s ability to invest, meet its commitments, cope with unforeseen events or simply survive. Yet, a significant portion of cash is tied up in receivables. According to the AFDCC, \u20ac1 [&hellip;]<\/div>\r\n                                <\/div>\r\n                            <\/div>\r\n                                                    <div class=\"swiper-slide\">\r\n                                                                <a href=\"https:\/\/www.gestioncreditexpert.com\/en\/how-to-assess-the-risk-of-non-payment-of-receivables\/\">\r\n                                    <img decoding=\"async\" src=\"https:\/\/www.gestioncreditexpert.com\/wp-content\/uploads\/2025\/07\/AdobeStock_1541385091-400x210.jpeg\" alt=\"How to assess the risk of non-payment of receivables?\" class=\"image\">\r\n                                <\/a>\r\n                                <div class=\"content\">\r\n                                    <a href=\"https:\/\/www.gestioncreditexpert.com\/en\/category\/advice-from-pro-to-pro\/\" class=\"category\">Advice from Pro to Pro<\/a>\r\n                                    <a href=\"https:\/\/www.gestioncreditexpert.com\/en\/how-to-assess-the-risk-of-non-payment-of-receivables\/\"><div class=\"small-title\">How to assess the risk of non-payment of receivables?<\/div><\/a>\r\n                                    <div class=\"description\">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&#8217;s financial situation, the amount of the debt, the payment deadlines granted, [&hellip;]<\/div>\r\n                                <\/div>\r\n                            <\/div>\r\n                                                    <div class=\"swiper-slide\">\r\n                                                                <a href=\"https:\/\/www.gestioncreditexpert.com\/en\/debt-collection-abroad-the-challenges\/\">\r\n                                    <img decoding=\"async\" src=\"https:\/\/www.gestioncreditexpert.com\/wp-content\/uploads\/2025\/06\/AdobeStock_229894897-400x210.jpeg\" alt=\"Debt collection abroad: the challenges\" class=\"image\">\r\n                                <\/a>\r\n                                <div class=\"content\">\r\n                                    <a href=\"https:\/\/www.gestioncreditexpert.com\/en\/category\/advice-from-pro-to-pro\/\" class=\"category\">Advice from Pro to Pro<\/a>\r\n                                    <a href=\"https:\/\/www.gestioncreditexpert.com\/en\/debt-collection-abroad-the-challenges\/\"><div class=\"small-title\">Debt collection abroad: the challenges<\/div><\/a>\r\n                                    <div class=\"description\">The challenges of debt collection abroad En commerce international, le recouvrement de cr\u00e9ances \u00e0 l\u2019\u00e9tranger est un exercice \u00e0 la fois strat\u00e9gique, juridique et culturel. R\u00e9cup\u00e9rer une cr\u00e9ance dans le pays du d\u00e9biteur peut rapidement devenir une op\u00e9ration complexe : barri\u00e8re linguistique, syst\u00e8mes juridiques diff\u00e9rents, difficult\u00e9s \u00e0 localiser le d\u00e9biteur ou \u00e0 faire ex\u00e9cuter un [&hellip;]<\/div>\r\n                                <\/div>\r\n                            <\/div>\r\n                                                    <div class=\"swiper-slide\">\r\n                                                                <a href=\"https:\/\/www.gestioncreditexpert.com\/en\/what-are-the-usual-timeframes-for-the-debt-recovery-process\/\">\r\n                                    <img decoding=\"async\" src=\"https:\/\/www.gestioncreditexpert.com\/wp-content\/uploads\/2025\/06\/AdobeStock_405209156-400x210.jpeg\" alt=\"What are the usual timeframes for the debt recovery process?\" class=\"image\">\r\n                                <\/a>\r\n                                <div class=\"content\">\r\n                                    <a href=\"https:\/\/www.gestioncreditexpert.com\/en\/category\/advice-from-pro-to-pro\/\" class=\"category\">Advice from Pro to Pro<\/a>\r\n                                    <a href=\"https:\/\/www.gestioncreditexpert.com\/en\/what-are-the-usual-timeframes-for-the-debt-recovery-process\/\"><div class=\"small-title\">What are the usual timeframes for the debt recovery process?<\/div><\/a>\r\n                                    <div class=\"description\">The debt recovery process can last between 30 days and 18 months , depending on the nature of the debt, the debtor&#8217;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 [&hellip;]<\/div>\r\n                                <\/div>\r\n                            <\/div>\r\n                                                    <div class=\"swiper-slide\">\r\n                                                                <a href=\"https:\/\/www.gestioncreditexpert.com\/en\/cybersecurity-for-debt-collection-companies-the-decisive-criterion\/\">\r\n                                    <img decoding=\"async\" src=\"https:\/\/www.gestioncreditexpert.com\/wp-content\/uploads\/2025\/05\/AdobeStock_439166548-bis-400x210.jpg\" alt=\"Cybersecurity for debt collection companies: the decisive criterion\" class=\"image\">\r\n                                <\/a>\r\n                                <div class=\"content\">\r\n                                    <a href=\"https:\/\/www.gestioncreditexpert.com\/en\/category\/advice-from-pro-to-pro\/\" class=\"category\">Advice from Pro to Pro<\/a>\r\n                                    <a href=\"https:\/\/www.gestioncreditexpert.com\/en\/cybersecurity-for-debt-collection-companies-the-decisive-criterion\/\"><div class=\"small-title\">Cybersecurity for debt collection companies: the decisive criterion<\/div><\/a>\r\n                                    <div class=\"description\">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&#8217;s a breakdown and best practices, based on the case study of GESTION CREDIT EXPERT, a debt collection company serving businesses [&hellip;]<\/div>\r\n                                <\/div>\r\n                            <\/div>\r\n                                                    <div class=\"swiper-slide\">\r\n                                                                <a href=\"https:\/\/www.gestioncreditexpert.com\/en\/how-can-a-wcr-reduction-plan-be-integrated-into-a-business-growth-strategy\/\">\r\n                                    <img decoding=\"async\" src=\"https:\/\/www.gestioncreditexpert.com\/wp-content\/uploads\/2025\/03\/AdobeStock_982127660-400x210.jpeg\" alt=\"How can a WCR reduction plan be integrated into a business growth strategy?\" class=\"image\">\r\n                                <\/a>\r\n                                <div class=\"content\">\r\n                                    <a href=\"https:\/\/www.gestioncreditexpert.com\/en\/category\/management-finance\/\" class=\"category\">Management-Finance<\/a>\r\n                                    <a href=\"https:\/\/www.gestioncreditexpert.com\/en\/how-can-a-wcr-reduction-plan-be-integrated-into-a-business-growth-strategy\/\"><div class=\"small-title\">How can a WCR reduction plan be integrated into a business growth strategy?<\/div><\/a>\r\n                                    <div class=\"description\">A growing company must absolutely control its cash flow. A Working Capital Requirement (WCR) reduction plan helps improve liquidity and avoid financial tensions. But how can you reduce WCR without slowing down the company&#8217;s development? Receivables management, inventory optimization, negotiation with suppliers, etc. Find out how to integrate this approach into the heart of your [&hellip;]<\/div>\r\n                                <\/div>\r\n                            <\/div>\r\n                                            <\/div>\r\n                    <div class=\"swiper-button-next\"><\/div>\r\n                    <div class=\"swiper-button-prev\"><\/div>\r\n                    <div class=\"swiper-pagination\"><\/div>\r\n                <\/div>\r\n                <div class=\"d-flex justify-content-center mt-3 mt-lg-0\">\r\n                                            <a href=\"\/en\/blog\/\"  class=\"btn-secondary\">See all articles<\/a>\r\n                                    <\/div>\r\n                    <\/div>\r\n    <\/div>\r\n<\/div>\n\n\r\n<div class=\"bg-blue-linear\">\r\n    <div class=\"faq\" itemprop=\"Questions fr\u00e9quentes\" itemscope itemtype=\"https:\/\/schema.org\/FAQPage\">\r\n        <div class=\"container\">\r\n                                                <div class=\"row\">\r\n                                <div class=\"col-12 col-lg-4\">\r\n                                <div class=\"content d-flex flex-column justify-content-center\">\r\n                                            <h2 class=\"title text-strong-gradient\">frequently asked Questions<\/h2>\r\n                                                                            <\/div>\r\n                <\/div>\r\n                                <div class=\"col-12 col-lg-8\">\r\n                                    <div class=\"accordion\" id=\"accordionExample\">\r\n                                                    <div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" class=\"accordion-item\">\r\n                                                                    <h4 itemprop=\"name\" id=\"heading1\" class=\"accordion-header accordion-button collapsed text-strong-gradient\" data-bs-toggle=\"collapse\" data-bs-target=\"#collapse1\" aria-expanded=\"true\" aria-controls=\"collapse1\">\r\n                                        Why use recovery software?                                     <\/h4>\r\n                                                                <div itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" id=\"collapse1\" class=\"accordion-collapse collapse\" aria-labelledby=\"heading1\" data-bs-parent=\"#accordionExample\">\r\n                                                                            <div itemprop=\"text\" class=\"accordion-body\">\r\n                                            <p>Using debt collection software allows accounting and finance teams to save considerable processing time and reduce sources of error. Identifying overdue customers and following them up effectively takes time.<\/p>\n<p>For the work to be carried out correctly and quickly, the ideal is to rely on a follow-up tool, systematically up-to-date in terms of sales accounting and customer payments. This then makes it possible to identify the list of unpaid invoices without too many problems.<\/p>\n<p>Concretely, the installation of recovery software will allow you to:<\/p>\n<ul>\n<li>Better visualize your customer outstandings: which customer account is late in payment? Of how much ?<\/li>\n<li>Reduce your DSO and optimize your BFR<\/li>\n<li>Preserve your level of cash<\/li>\n<li>Focus your efforts on value-added tasks<\/li>\n<\/ul>\n                                        <\/div>\r\n                                                                    <\/div>\r\n                            <\/div>\r\n                                                    <div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" class=\"accordion-item\">\r\n                                                                    <h4 itemprop=\"name\" id=\"heading2\" class=\"accordion-header accordion-button collapsed text-strong-gradient\" data-bs-toggle=\"collapse\" data-bs-target=\"#collapse2\" aria-expanded=\"true\" aria-controls=\"collapse2\">\r\n                                        What are the main features of recovery software?                                     <\/h4>\r\n                                                                <div itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" id=\"collapse2\" class=\"accordion-collapse collapse\" aria-labelledby=\"heading2\" data-bs-parent=\"#accordionExample\">\r\n                                                                            <div itemprop=\"text\" class=\"accordion-body\">\r\n                                            <p>A collection software is primarily used to follow up with your customers so that they pay your invoices on time and as quickly as possible. All customer reminder solutions have almost all the same basic functionalities: automated reminder, creditor dashboard, grouped reminder\u2026. And the majority offers a payment solution.<\/p>\n<p>These follow-up software are generally easy to set up. Because they integrate with most organizations and IT infrastructures. Moreover, they are almost all multilingual.<\/p>\n<p>Some recovery software also offer specific features such as:<\/p>\n<ul>\n<li>Predictive scoring of customer payment behavior.<\/li>\n<li>The cash forecast module<\/li>\n<li>Multi-currency management<\/li>\n<li>Automation of bank reconciliation<\/li>\n<\/ul>\n                                        <\/div>\r\n                                                                    <\/div>\r\n                            <\/div>\r\n                                                    <div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" class=\"accordion-item\">\r\n                                                                    <h4 itemprop=\"name\" id=\"heading3\" class=\"accordion-header accordion-button collapsed text-strong-gradient\" data-bs-toggle=\"collapse\" data-bs-target=\"#collapse3\" aria-expanded=\"true\" aria-controls=\"collapse3\">\r\n                                        Recovery software: how much does it cost?                                     <\/h4>\r\n                                                                <div itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" id=\"collapse3\" class=\"accordion-collapse collapse\" aria-labelledby=\"heading3\" data-bs-parent=\"#accordionExample\">\r\n                                                                            <div itemprop=\"text\" class=\"accordion-body\">\r\n                                            <p>Many collection software vendors offer monthly pricing.<\/p>\n<p>Some advance a price of between 5 and 10% of the invoice amount, while others offer a fixed rate.<\/p>\n<p>Difficult to determine exactly which is the cheapest among all the solutions since everything depends on the size of the company, the number of invoices submitted as well as any additional costs.<\/p>\n                                        <\/div>\r\n                                                                    <\/div>\r\n                            <\/div>\r\n                                                    <div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" class=\"accordion-item\">\r\n                                                                    <h4 itemprop=\"name\" id=\"heading4\" class=\"accordion-header accordion-button collapsed text-strong-gradient\" data-bs-toggle=\"collapse\" data-bs-target=\"#collapse4\" aria-expanded=\"true\" aria-controls=\"collapse4\">\r\n                                        How to choose your recovery tool?                                     <\/h4>\r\n                                                                <div itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" id=\"collapse4\" class=\"accordion-collapse collapse\" aria-labelledby=\"heading4\" data-bs-parent=\"#accordionExample\">\r\n                                                                            <div itemprop=\"text\" class=\"accordion-body\">\r\n                                            <p>The choice of recovery software is conditioned by several criteria:<\/p>\n<ul>\n<li>Your ambitions for growth: choose agile software that will evolve with your company and your employees<\/li>\n<li>The functionalities of the tool and the ease of use: The main goal of your follow-up tool is to simplify the tasks and the work of your teams in order to cash in faster and better.<\/li>\n<li>The feasibility of integration with your accounting tool<\/li>\n<\/ul>\n                                        <\/div>\r\n                                                                    <\/div>\r\n                            <\/div>\r\n                                                    <div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\" class=\"accordion-item\">\r\n                                                                    <h4 itemprop=\"name\" id=\"heading5\" class=\"accordion-header accordion-button collapsed text-strong-gradient\" data-bs-toggle=\"collapse\" data-bs-target=\"#collapse5\" aria-expanded=\"true\" aria-controls=\"collapse5\">\r\n                                        Integration of reminder software: why rely on external skills?                                     <\/h4>\r\n                                                                <div itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" id=\"collapse5\" class=\"accordion-collapse collapse\" aria-labelledby=\"heading5\" data-bs-parent=\"#accordionExample\">\r\n                                                                            <div itemprop=\"text\" class=\"accordion-body\">\r\n                                            <p>To increase your productivity, it is better to ensure that you have access to expert technical support. You can train an in-house expert, or benefit from the advice of an external consultant capable of supporting you from the needs identification phase to deployment.<\/p>\n<p>Our EXPERT BFR consultants, all former corporate credit managers and using proven methods, advise you while remaining aligned with your business and your performance indicators throughout the project. The accompaniment takes place in 6 stages:<\/p>\n<ul>\n<li>Definition of needs and drafting of specifications<\/li>\n<li>Identification of appropriate recovery tools<\/li>\n<li>Tender<\/li>\n<li>Implementation plan<\/li>\n<li>Acceptance monitoring, configuration and deployment of the tool<\/li>\n<li>User advice and training<\/li>\n<\/ul>\n<p>Implementing new software in a company is not easy. Some will be reluctant, while others will welcome the change with open arms. You must therefore find a solution adapted to the culture of your company and its environment. Before choosing your collection software, make sure you have an overall view of your accounts receivable and the credit management issues specific to your business.<\/p>\n                                        <\/div>\r\n                                                                    <\/div>\r\n                            <\/div>\r\n                                            <\/div>\r\n                <\/div>\r\n            <\/div>\r\n        <\/div>\r\n    <\/div>\r\n<\/div>\n\n\r\n<div class=\"bg-orange-linear\">\r\n    <div class=\"card-slider\">\r\n        <div class=\"custom-container\">\r\n                            <div class=\"title\">\r\n                    <h2 class=\"title\">Our other Credit Management solutions <\/h2>\r\n                <\/div>\r\n                                    <div class=\"swiper  threecardSwiper  \">\r\n                <div class=\"swiper-wrapper\">\r\n                                            <div class=\"swiper-slide\">\r\n                                                            <img decoding=\"async\" src=\"https:\/\/www.gestioncreditexpert.com\/wp-content\/uploads\/2022\/06\/relance.svg\" alt=\"relance\" class=\"icon\">\r\n                                                                                        <h4 class=\"small-title text-strong-gradient\">White label recovery<\/h4>\r\n                                                                                        <div class=\"description\"><p>Accelerate your collections while preserving your commercial relations.<\/p>\n<\/div>\r\n                                                                                        <div class=\"link-container\">\r\n                                    <a href=\"\/en\/relay-in-your-name-white-label\/\"  class=\"link\" >\r\n                                                                                    Discover                                                                                                                   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href=\"\/en\/credit-management\/audit-and-consulting\/\"  class=\"link\" >\r\n                                                                                    Discover                                                                                                                    <\/a>\r\n                                <\/div>\r\n                                                    <\/div>\r\n                                            <div class=\"swiper-slide\">\r\n                                                            <img decoding=\"async\" src=\"https:\/\/www.gestioncreditexpert.com\/wp-content\/uploads\/2022\/06\/formation.svg\" alt=\"formation\" class=\"icon\">\r\n                                                                                        <h4 class=\"small-title text-strong-gradient\">Training<\/h4>\r\n                                                                                        <div class=\"description\"><p>Develop a cash culture and set up tailor-made training integrating your work environment.<\/p>\n<\/div>\r\n                                                                                        <div class=\"link-container\">\r\n                                    <a href=\"\/en\/credit-management\/training\/\"  class=\"link\" >\r\n                                                                                    Discover                                                                                                                    <\/a>\r\n                                <\/div>\r\n                                                    <\/div>\r\n                                    <\/div>\r\n                <div class=\"swiper-button-next\"><\/div>\r\n                <div class=\"swiper-button-prev\"><\/div>\r\n                <div class=\"swiper-pagination\"><\/div>\r\n            <\/div>\r\n            <div class=\"d-flex justify-content-center\">\r\n                            <\/div>\r\n        <\/div>\r\n    <\/div>\r\n<\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":170,"parent":5120,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"class_list":["post-5137","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Business tools BFR EXPERTS | CREDIT MANAGEMENT<\/title>\n<meta name=\"description\" content=\"BFR EXPERTS helps you to manage your business tools or to choose the software best suited to your business sector.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.gestioncreditexpert.com\/en\/credit-management\/business-tools\/\" \/>\n<meta property=\"og:locale\" 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