Trade receivables management comprises two essential stages – debt prevention and debt collection.

Debt prevention includes a set of measures to help prevent the occurrence of long-term debt. The most efficient and cost-effective tool is the proper selection of business partners and the precise establishment of legal relations with them.

Debt risk reduction strategy is inextricably linked to debt recovery. Even the most successful debt prevention may not protect against problems with debtors, as often the most reliable business partners can become insolvent when a debt chain reaction suddenly begins. Thus, successful debt collection is a must when you want to address the problem of declining working capital.

Based on the data provided by the client, we perform the analysis of the company’s trade receivables, group its debts and prepare processes for preventing the formation of buyers’ debts and the administration and recovery of outstanding debts for each group.