Work of debt collection service
Uncollectible receivables represent direct losses. Overdue accounts receivable impede the turnover of assets, force to take measures to recover them and spend additional funds (lawyers’ services, legal costs, etc.).
To ensure normal solvency of the enterprise an effective system of receivables management is necessary. It is a complex of measures aimed at solving the main problem: preventing bad debts.
Its solution presupposes realization of both exacting and preventive measures.