Unpaid invoices are a serious threat to your cash flow and your business development. Find out how Coface's debt collection solutions considerably improve your chances of receiving prompt payment for your receivables, anywhere in the world, and limit the impact on your company's financial health.
Late payments piling up, long-outstanding debts... Despite all the useful precautions you can take to protect you against the risk of non-payment, in particular trade credit insurance solutions, late payment and overdue debts are a risk associated with any trade relationship between a company and its partners (clients, suppliers...).
Beware: a single non-payment can seriously affect your company's cash flow. And with good reason: to offset a debt of €10,000, your company will need to generate an additional €100,000 in sales (if your profit margin is 10%)!
As 80% of companies, you face the complex challenge of collecting unpaid debts. In addition to the financial resources needed to offset the real cost of an unpaid debt, do you master debt collection procedures to act quickly before the debt becomes irrecoverable?
Debt collection is a time-consuming business: legal recourse is lengthy, local jurisdictions, and payment behavior varies considerably from one country to another. In this situation, outsourcing to debt collection experts is a winning strategy. What's more, you don't take any risks: Coface is only rewarded in case of successful debt collection. Our efficiency is a necessity (for us too)!
With more than 75 years of worldwide experience, a global and local approach, 250 experts dedicated to debt collection across the globe, and a large network of international partners, Coface is a key player if you have debts to collect, in your domestic market as well as on the export market
Antonio Marchitelli, Coface Global Specialties Director, explains how Coface collects your outstanding debts anywhere in the world (click below)
Collect your outstanding debts everywhere with Coface
> Contact your local experts to entrust Coface with your unpaid invoices.
