Let’s face it: Late payments are an unavoidable fact of business life. In an ideal world, you’d never have to deal with debt collection. In the real world, you almost certainly will. With our help though, you can at least take the pain out of chasing late payments, wherever your customer may be.
If you have sold goods or services and invoiced your customer, but have been left waiting for payment, you are not alone. Unfortunately, in the current global recessionary climate, this situation has become more and more common.
Unpaid invoices will seriously affect your business if not handled correctly. They can have a bad effect on cash flow, turnover, credit ratings and even your business' reputation. Debt collection can be incredibly difficult, especially in tough economic times. As a result, it is always best to deal with it as soon as possible.
If you have never used a third party to collect your debt, you may be wary, but at Euler Hermes we make every effort to professionally handle your debts as if they were our own. After all, the goodwill between you and your customers is one of your most important business assets.
Debt collection with Euler Hermes
At Euler Hermes, we help you collect your debts through a wide range of commercial debt collection solutions.
We will work in any market or time zone, conduct negotiations in various languages, and deal with the intricacies of any local legal system.