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| Hints and Tips - Debt Collection and Recovery - Euler Hermes Collections UK |
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Debt Collection Hints and Tips
Euler Hermes Collections UK's debt collection hints and tips outline the key warning signs, credit control procedures and credit control guidelines for your company to follow.
Through our helpful debt collection hints and tips, you'll be able to look out for changing signs in your customers' behaviour that could indicate cash flow difficulties.
Before debt collection, look out for key warning signs
No one knows your customers better than you, so any change in their normal behaviour or relationship should instantly ring alarm bells. However, we have listed the key warning signs to look out for when you suspect a customer may have difficulty in paying their debts, before debt collection becomes a necessity.
Read key warning signs...
Credit control procedures and debt collection
If you detect that one of your customers may be having problems paying their debts, it is important to have a structured plan and maintain a systematic approach whilst attempting to resolve the issue, before placing their debt for collection. Use our list of procedures to help ensure you stay in control of the situation.
Read procedures...
Credit control guidelines and debt collection
Follow our credit control guidelines in the document below. If your customer still hasn't paid after that, then contact Euler Hermes Collections UK to employ our efficient debt collection services.
Read guidelines...
Place a debt for collection with Euler Hermes Collections UK
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