Are your customers really reliable?

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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.

 

20 results

Sep 07, 2020 | Non-payment

What CFOs are learning from the crisis

In the spring of 2020, Euler Hermes conducted a large-scale survey amongst over 1,000 CFOs. How are they experiencing the impact of COVID-19? The result is a nuanced picture. More in this article.

Aug 31, 2020 | Non-payment

Bankruptcy risk: prevention and cure

The predicted increase in the number of bankruptcies has been further aggravated by COVID-19. How can you protect your company against this increased risk? Prevention and cure is the message.

Aug 25, 2020 | Covid-19, Non-payment

World after Covid

In May 2020, Matt Williams arrived at Euler Hermes BeLux as the new Risk Director. Three months later, we put to him 5 questions about the world during and (probably) after Covid.

20 results

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