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A common problem of all
business people are the counterparties that don't pay their debts on
time. In the worst case such a behavior may cause the loss of company's
liquidity.
In order to secure the
businesses from this risk Debtor offers the PAYMENT MONITORING
service. This service is based on supervision of debt payment timing by
all your debtors. The solutions we offer are aimed at eliminating the
delays in payments and limitation of risk of having insolvent debtors.
Payment monitoring
disciplines the counterparties, ensures the scheduled flow of payments
and does not allow for payment gridlocks to be developed. This service
is based on a regular and direct contact of our company with the debtor
and taking further actions to ensure a quick and unavoidable debt
recovery - from debtor's perspective. Our actions are based on
consequence and continuous development of debt recovery process.
Debtor does not use persuasion methods that may impair the relations
of our clients with their counterparties. Our clients can always
determine the contents and form of the communication with the debtors.
The advantages of payment
monitoring include among others:
- increase of company's
liquidity, thanks to regular supervision of the payment schedules,
- avoiding the danger of
emerging large debts and risk of serious financial losses,
- creating the payment
discipline at your counterparties,
- enabling diversification
of reliable and not credible counterparties.
In addition all our
customers receive a PREVENTION SEAL, which is one of the most
efficient ways of disciplining the counterparties. The prevention
seal by Debtor is used to sign all issued invoices. The
counterparties are aware, that their payments are being supervised by
the debt recovery firm, and normally give priority to these signed
invoices. The prevention
seal is complimentary to all our clients.
Payment monitoring is the most effective and the cheapest form of debt
recovery. The total cost of servicing the receivables of your company by
Debtor amounts XX % of its value.
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