Are your customers really reliable?

Companies regularly have to deal with unpaid invoices

 

  • Ninety percent of companies encounter payment delays
  • One in three invoices are not paid on time
  • Over 25% of insolvencies result from non-payment by customers

It could also happen to you ...

Why test your customers’ financial health?

Identifying, acquiring and keeping customers are some of the biggest challenges for any business. But after every effort that has been made to win the customer over, how is it possible to be sure that they will pay? Once the business has been concluded, how can you be sure that the invoices will be paid when they fall due?

Checking your customers’ solvency means not only knowing whether you will be paid, but also developing your business with trusted partners and eliminating the risks of non-payment.

How to provide better protection against non-payment for your business

A credit insurance policy protects you from unpaid invoices and from your customers going bankrupt. You are guaranteed to receive payment for your products and services, even if the customer goes bankrupt. In the event of non-payment, Euler Hermes will pay your claim after 60 days.

 

28 results

Mar 26, 2021

Tourism: Europe at the recovery, but only in 2024

As governments race to contain new and more contagious variants of Covid-19, health passports will not be enough to revive tourism. According to Euler Hermes, the tourism industry could only see a recovery only in 2024. Read more.

Mar 22, 2021

Wholesale: a return to a sense of normal in 2021?

Learn more about the current challenges of the wholesale industry and how to protect your company against insolvencies.

Feb 19, 2021

Economic forecast 2021

The large-scale deployment of various Covid-19 vaccines will boost global economic growth. However, it will be necessary to wait until at least until 2022 for economic activity to return to pre-crisis level.

28 results