Debts not paid before the deadline can easily ruin a company

By: Trademagazin editor Date: 2017. 09. 04. 10:30

Financial planning is one of the most important things in a company’s life – and one of the most difficult ones as well. Even the best plans can collapse if one issues the invoice, but the money isn’t paid. It can cause liquidity problems to a company if partners don’t pay their debt, plus the collection of money must also be managed. In­ternational research data show that the more time pass­es, the more difficult it is to collect a debt. According to ­
Intrum Justitia, Europe’s leading debt collection company, a single company can start a non-payment chain that can lead to serious financial problems to partners. The best solution is to have debts managed and collected by a specialist. (x)

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