In Germany, still 28 per cent have less confidence in the support from their banks, while 25 percent have more confidence. “A well-functioning financial system is essential for the overall economy. If however the immense sums to rescue the banks issued, that never produce up to the company, the goods and services or offer, leak, it will be very difficult and take long until the economy recovers”, Bernard Green concludes from the information collected. Intrum Justitia company proposes therefore the following ten steps to help themselves: binding and adequate guidelines for the credit and accounts receivable management are important factors to minimize the risks and Increase in sales. Follow up each step of your credit management process. Make sure that you all know your business customers. Make clear agreements with your customers, where you detail specify all conditions for the business. Integrate the departments in the prevention of payments sales, marketing, and accounting.
Regularly check the contact data to your customers. Monitor important developments in the economy and industry, as well as the ability to pay your major customers. Introduce an efficient and quick reminders and, where appropriate, charge interest on arrears. Working continuously on the extension and balance of your customer structure. Do not wait, always immediately take action and secure your payment. About Intrum Justitia GmbH Intrum Justitia across Europe credit management and debt collection services offered that measurably improve the cash flow and the long-term profitability of customers and include the purchase of receivables. In the year 1923 company founded in Sweden, Intrum Justitia currently around 3,300 employees in 20 countries, including Germany in the locations Darmstadt and Hanover.
The consolidated profits totaled 2011 to 3.9 billion seconds Intrum Justitia AB is listed on the NASDAQ OMX Stockholm since 2002.