12/10/2014
Product news
Managing Unpaid Invoices
There is a solution to your unpaid invoices and ongoing non-payment of trade debts
Coface trade credit insurance offers you a way to protect against losses resulting from unpaid invoices. It is important to practice effective credit management, to be prepared for setbacks and have a strategy in place to manage credit risk.
In a world where on average 25% of businesses fail due to unpaid debts, Credit Insurance ensures that:
- 1. Through in-depth information, you trade with reliable businesses that have the ability to pay.
- 2. In the event that there is a problem, our global team will take all steps possible to collect the unpaid debt on your behalf.
- 3. If the process of debt collection is unsuccessful, you are indemnified for the loss and your claim is paid out.
Do not let unpaid invoices affect profitability. Insure your business against open account losses today.