Solid receivables management is the business card of any healthy company. But however effective internal managing may be, in certain scenarios its limitations become obvious. A situation that may pose only a minor risk in a domestic market can quickly deteriorate when international trade relations are at stake. A chain of adverse reaction is swiftly set in motion: When commercial customers are slow to pay, a company’s profits can be significantly impacted. Operating capital can tighten, and the ability to move forward competitively can be compromised. Collecting becomes all the more difficult when the customers are based in foreign countries where legislation is complex and customs are unfamiliar.

By outsourcing to Coface, the entire receivables chain from generating and sending invoices and reminder letters through follow-up and recovery of overdue amounts is covered. Coface` professional teams and efficient workflows streamline the entire collection process. Throughout the collection process, we make it our business to take care of your business. And with a global collection presence in over 90 countries we have you covered virtually anywhere.

Specifically we:

Set up to outsource your entire accounts receivable portfolio or specific parts for both B2B and B2C receivables.

Support you over any chosen segment of the invoice life cycle: generating invoice data, issuing invoices, sending invoices, monitoring payment, sending reminders and taking legal actions.

Focus on pre-collection activities based on continued direct contact with  debtors throughout the payment period.

Start the collection procedures after payment delays automatically.

Provide you with flexible online interfaces for safe and smooth transfer of data.

A partnership with Coface ensures a seamless integrated approach to receivables management. In other words, with Coface you have a whole new business card when it comes to receivables management.