Credits entrusted for recovery to UNIREC
Posted: Mon Jan 06, 2025 8:58 am
label includes the different actions and processes related to the collection of credits by a company from its customers. We are talking about a field that concerns both B2C (Business to Customer) and B2B (Business to Business); naturally, with important differences.
And we are not just talking about debt collection and management of unpaid debts. In fact, quite the opposite: the real strategic function of cash collection is played on preventing delays or, worse, missed payments . Prevention is always better than cure, in short!
According to recent research conducted by CRIBIS and Dun and Bradstreet on a large statistical sample in the United States, 48.5 % of total invoices and accounts are paid late today. In Italy, however, the average of payments made on time stops at 40.8 % (up from 38.5% in Q4 2021 and stable compared to 40.9% in 2022).
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Even more recent is the UNIREC report on Credit Protection Services, published in June 2023 , from which it emerged that:
In 2022 alone , UNIREC member companies managed 80% of total practices on behalf of third parties . Compared to 2021, the increase was almost 50%;
member companies increased in 2022 compared to the croatia whatsapp resource previous year (+26%) , reaching an absolute value of approximately 200 billion euros.
The picture that emerges from this data is very eloquent. And the message is very clear: taking care of and optimizing cash collection processes is more important and urgent than ever! How to do it?
There is no one-size-fits-all solution, of course. But in this article we have chosen to identify the 3 best practices that we believe to be the most decisive. Let's see them below!
And we are not just talking about debt collection and management of unpaid debts. In fact, quite the opposite: the real strategic function of cash collection is played on preventing delays or, worse, missed payments . Prevention is always better than cure, in short!
According to recent research conducted by CRIBIS and Dun and Bradstreet on a large statistical sample in the United States, 48.5 % of total invoices and accounts are paid late today. In Italy, however, the average of payments made on time stops at 40.8 % (up from 38.5% in Q4 2021 and stable compared to 40.9% in 2022).
New call-to-action
Even more recent is the UNIREC report on Credit Protection Services, published in June 2023 , from which it emerged that:
In 2022 alone , UNIREC member companies managed 80% of total practices on behalf of third parties . Compared to 2021, the increase was almost 50%;
member companies increased in 2022 compared to the croatia whatsapp resource previous year (+26%) , reaching an absolute value of approximately 200 billion euros.
The picture that emerges from this data is very eloquent. And the message is very clear: taking care of and optimizing cash collection processes is more important and urgent than ever! How to do it?
There is no one-size-fits-all solution, of course. But in this article we have chosen to identify the 3 best practices that we believe to be the most decisive. Let's see them below!