Reduce chance of non-payment with a credit information report
Every organisation faces defaults. Non-payment not only has a direct impact on cash flow and liquidity, it can even get organisations into trouble. Why you can reduce the likelihood of non-payment with a credit information report, read here.
Vendor leasing: achieve higher sales by helping your customer finance
Not every company can pay for an investment in expensive machinery or other capital equipment from its own resources. It often requires financing. You can make it attractive for your customer to make this investment by helping them with financing through vendor leasing. This way, you can increase your sales market as well as your turnover!
HELP! German receiver claims back paid turnover!
If a German trustee reclaims payments, it will hereby indicate that it is annulling the payments under the so-called "Insolvenzanfechtung". This is called a bankruptcy pauliana in Dutch. Dutch entrepreneurs are often unfamiliar with this.
UK House of Commons votes to postpone Brexit
The UK House of Commons has overwhelmingly agreed to postpone the Brexit date. However, it remains to be seen whether the EU will agree.
Making money with credit management software
Many companies still use Microsoft Excel as a monitoring system for their accounts receivable management. Unfortunately, practice has shown that this system is error-prone and does not monitor timelines tightly enough. A credit management software package removes this error proneness and professionalises your company's debtor management.
Retail sector remains in dire straits
While almost all sectors showed nice growth in recent years, retail remains in dire straits. In recent months, we also saw well-known and large retail chains go bankrupt. Think of Intertoys, Fred de la Bretonière, the Dutch branch of Taco Bell, Men at Work, Travelbird, Leapp, Supertrash and we could go on. The end is not yet in sight. Many more retailers are expected to disappear from the scene in the coming months and years. One example is Coolcat, which recently filed for bankruptcy itself.
Global economic growth weakens sharply
Coface's Country Risk event is an annual event where global economic developments are reviewed. In February, it took place at the Louvre convention centre in Paris. Xolv attended, along with 1,300 other guests. The main message: global economic growth is weakening sharply. What are the reasons and how can you arm yourself?
Outsourcing debtor management: what are the benefits?
There is a lot to gain from managing debtors, but also a lot to lose. How often are non-paying debtors a noose in the business? Many companies therefore consciously outsource their debtor management. We list its advantages for you.
Guarantee facility through insurer worth considering
Guarantees are important financial products for smooth transactions between companies. Until recently, guarantees in Europe were mostly issued by banks. However, more and more insurance companies are also offering guarantee facilities (Surety Bonds). Applying for guarantees through an insurer instead of a bank has its advantages.
7 tips to keep disputed claims from being a source of annoyance
Every business owner experiences it from time to time. The debtor has a complaint about the price or quality of the product or service, and does not pay the invoice. In practice, it is often a source of annoyance, partly because procedures in this regard are not well established and it is not clear who is responsible for what.