OVERDUE DEBT RECOVERY
European commercial law does not exist and, in each country, the payment orders used calls for a different debt recovery procedure . Our teams have knowledge of the legislation in each European country.
These procedures have two stages: an amiable approach and, if necessary, a coercive approach.
Amiable approach : this involves direct negotiation with the debtor to obtain immediate payment of overdue invoices or to implement the most suitable solution to its solvency. If the debtor does not adhere to these conditions, the amiable phase of debt collection is immediately abandoned and the case is dealt with legally.
Coercive approach: The objective here is to create a sense of urgency vis-à-vis the debtor and to give priority to your overdue invoices. Legal proceedings are quickly initiated by our team.Once a legal ruling has been obtained, particular attention will be paid to ensure it is adhered to.
Knowledge of the debtor's profile and its solvability will help to ensure our efficiency debt collection.
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Our tools:
- Personalised management of accounts and your permanent monitoring of the account thanks to our online platform
- In depth knowledge of the legal procedures in Europe for obtaining enforceable orders and the steps to be taken in order to safeguard overdue payments.
- Our activities are the result of the 1996 French debt recovery regulation.
- Professional indemnity insurance covers financial risk and an agreement establishes the parties' obligations
After debt collection, we suggest an audit of your client base working on the assumption that if a client lacks good faith, all of the documentation process is rigorous.
You will have to show proof of a contract, its acceptance, by all forms and that the provisions of the contract are being applied. Your contractual conditions must be clear and detailed in order to be brought to the attention of your client who must accept them by all forms: signing of the quote, purchase order and delivery note. All provisions must be summarised in the general conditions of sale. Contact us for more details. Good prevention methods result in rapid debt recovery.