Debt management

Short description of a service
Information about your issued invoices is given to “Telenordi” contact center. Depending on an agreement contact center informs your debtors (invoice receivers) about invoice and its payment terms before and after expiration period by one or more phone calls or SMS messages.
The main goal
To prompt your clients to pay invoices on time, minimize payment delays.
Which companies is the service relevant to
This service is a modern and effective attention to a stability of your cash flows for a reasonable price. Service is intended for companies, having many minor clients (food industry, companies trading household goods, companies trading construction materials, etc.)
Benefits for your company
Faster payments
In a presence of worsening economic situation in Lithuania, companies have bigger debts to suppliers, as well as late payments. Therefore working with your debtors from the date of issuing invoice will affect relationships with your clients positively, as your invoices will be considered as having priority and paid for faster.
Smaller chance of gaining a long term debtors
For example, if currently some debtors are not able to make payments on time. In the future they will probably be able to do so for a part of creditors. Suitable communication with debtor will lower the possibility of invoice to get in the bottom of their payment list. In this way you save money, because one long term debt, given to a debt collection company might cost more then the administration of few hundred or even few thousand invoices.
Saving time
Now companies have a unique possibility to adapt to their markets, change strategy, and take other strategies and competitive actions. Therefore, wasted time to call clients, instead of taking care of own responsibilities, is not efficient for company’s employees. By using our service you will get a professionally executed work for an attractive cost.
Customer service quality in debt administration
Debts are administrated by experienced and specially trained customer service experts. They provide information without any attitude, in a positive and constructive manner, with no additional discussions or personal views, thereby maintaining positive relationship between companies and ensuring the precise information.
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