COFACE'S RESPONSE TO YOUR NEEDSIn the context of risk management, we rely on a powerful global business information gathering and analysis network, enhanced by members of the Coface Partner network, who feed our databases in real time.
The information gathered and analysed is reproduced in several forms: reports, a summary indicator of single and global risk levels and various risk-taking recommendation tools. With our credit risk assessment services, you can manage your sales development efforts optimally.
In Central Europe, this global line of services is complemented by an extensive range of business information products aimed at companies that lack credit insurance.
To avoid the assumption of fixed costs through court, Safe Piese Auto SRL prefers to outsource to Coface the 250 cases for amiable collection for the next three months. In the meantime, Coface manages to collect to Safe Piese Auto's benefit half of the outsourced debt value, generating added value for the client because of the following tools: skilled and specialized personnel to use credit reports for debtors during the collection process, closure insurance credit limits for some of the debtors and spreading negative information on outstanding debts to debtors' suppliers.
Throughout the collection process offered by Coface, Safe Piese Auto SRL received regular reports on the progress of cases, 24/7 access to the outsourced files through online application and free monitoring of all debtors. For future growth of cash within a higher success rate, Safe Piese Auto SRL decided to outsource to Coface all the outstanding invoices that register more than 90 days after due date.
Our offers tailored to your needs
Our invoice management services cover the entire process: from issuing and sending invoices to tracking and recovering overdue debts. Our modular approach allows clients to outsource the entire life cycle of an invoice or just a part of it. Our professional teams and effective working procedures facilitate the entire process of collection.