Debtor portfolio
DEBTOR PORTFOLIO DISRUPTS THE STEREOTYPE OF DEBT RECOVERY AS A COMPLEX, TIME CONSUMING AND COSTLY PROCESS
With this service the company has an opportunity to redeem money from legal entities for unpaid invoices, regardless of the invoice date, amount and currency. At the same time, it provides an opportunity to alert other Lursoft users about dishonest partners who fail to pay bills in a timely manner.
HOW TO WORK WITH THE DEBTOR PORTFOLIO:
- Add debtor.
- Register a debt.
- Send the debtor a letter prepared by the system.
- Agree with the debtor for payment of the debt within seven days.
- Register information on payment of debt.
In case the debt is not paid within a week, the information about it is published in the Lursoft Delayed payment database. Experience shows that debtors pay bills more quickly when they do not want to go to the publicly available database.
The information at this database allows you to check if the interested company has previously delayed payment of invoices. It also helps to make more thoughtful decisions and avoid future losses. Here is a Debtor list with delayed payments published last week.
BENEFITS FROM USING THE DEBTOR PORTFOLIO
- more quickly recovered delayed payments;
- reduced debt collection costs;
- simple and transparent debt recovery process;
- saved personnel costs;
- opportunity to inform other about unscrupulous business partners and clients.
ACHIEVED RESULTS
- 58 % efficiency - 58% of the debtors refer to the call for invoice payment upon receipt of the letter.
- Paid 15 year old debt - In 2017, a debt of several hundred euros was recorded for 15 years, which, after registration, was fully paid in the Debtor portfolio.
- 105 thous. EUR - The largest debt that the client managed to recover due to the Debtor portfolio.
To receive the service, please contact Lursoft customer service centre by phone (+371) 67844300 or e-mail [email protected]