debtor management

Outsourcing debtor management is often done by companies because it is not part of their core business. But is this a smart move in all cases? In this blog, we list the pros and cons for you and explain what to look out for when considering outsourcing.

Never before has the Dutch economy been hit so hard as during the current corona crisis. It is therefore logical that we are often approached by our clients recently asking what action(s) they can take to collect outstanding debts as effectively as possible. In this article, we provide answers to frequently asked questions as well as some useful tips & tricks on debt collection in times of corona.

As a specialist in debtor management and all services related to it, Xolv's specialists visit many companies. We regularly find that debtor management at these companies is often an afterthought, not well structured and ad hoc.

More and more large companies are seeing the added value of optimising their work processes. One of the most complicated processes is that of Order to Cash. This comprises the entire process from a customer's (potential) purchase to the actual payment. Those who set up this process efficiently are definitely bacon buyers. Why? You can find out in this article.

Good cash flow is the breath of your business. It is needed to stay alive. To be able to invest. To grow. But not every debtor pays as quickly as you want. One of the fastest and easiest ways to do something about this is e-billing, or electronic invoicing. Therefore, in this article: 5 questions and answers about (the benefits of) this increasingly common way of paying.

What does the future of credit management look like? And what role will digitalisation play in it? We asked an experienced credit manager of a large company, namely Igor Penders, Manager of Billing, Credit & Collections at Renewi.

Good cash flow is the breath of your business. If it stagnates or even declines, it can have crucial consequences for your business. Good debtor management has a direct positive impact on your cash flow. So what does good debtor management look like?

It regularly happens that buyers do not pay on time. Efficient debtor management is therefore important, especially if the claim is not insured and you basically have to do the collection yourself. How to proceed? Who do you choose if you want to outsource debt collection anyway?

In previous articles, we have mentioned that the staffing industry is, in a way, the indicator of the economy. When the economy picks up, the number of staffing hours increases and when economic growth slows down, we see this reflected in a declining number of staffing hours. With the retail sector remaining in dire straits, it is important for staffing agencies to guard against this ongoing trend.

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.