Collection of receivables is a very troublesome, but important for the activities of the enterprise. After all, the later the organization receives funds from counterparties for the supplied products or services, the less their value will be, since in conditions of inflation this debt will no longer be equal to the original.
Instructions
Step 1
The longer the company postpones the measures to collect the receivables, the less likely it is to receive it. And if the limitation period is nearing the end, then these funds can be considered hopeless to receive. Therefore, in order to collect the funds of the enterprise from the debtors, it is necessary to act very clearly and harmoniously.
Step 2
To begin with, a lawyer who will deal with this issue needs to find out whether the contract provides for a forfeit or a fine, because it is much easier to collect a debt if the contract provides for a penalty for each day of delay in payment. Then a competently drawn up claim letter with the calculation of the entire amount of debt sometimes turns out to be a very effective measure.
Step 3
But sometimes the contract does not contain any measures for late payment of the debt to the counterparty. In this case, it is necessary to act in two ways: to draw up a pre-arbitration reminder of the need to pay the debt, where the amount of state duty and the services of lawyers should be indicated when the company goes to court, and also to meet with the management of the debtor company in person. Sometimes face-to-face conversation can be very effective.
Step 4
At a meeting with the debtor, one should find out the reasons why he cannot make payments. If this is a reliable partner who has not seen your company before, but is currently experiencing financial difficulties, you can offer a deferred payment, assignment of debt, offset, etc.
Step 5
If the problem cannot be solved peacefully, you should feel free to go to court. It is worth noting that the outcome of this case largely depends on the diligence of the enterprise at the stage of concluding an agreement with the debtor. For this, all the necessary documents must be properly drawn up, confirming the fact of the transaction and the absence of payments for it.
