Ensuring liquidity despite coronavirus: Why outsourcing debt collection is worthwhile at this point in time.
In the course of the coronavirus pandemic, many companies have been struggling with cash flow issues. According to Andreas Behmenburg, Regional Sales Manager at EOS Germany, the time has now come to address the issue of professional receivables management. In this interview the EOS expert explains how companies can identify a reputable debt collection partner.
- A well-functioning receivables management system delivers important liquidity to companies during the coronavirus pandemic.
- However, there is a lot of effort involved when companies handle this process themselves, which is why it is worthwhile working with an external debt collection partner.
- A reputable debt collection company can be identified by the way it treats defaulting payers and the range of communication channels and payment options it offers.