Monitoring of due

Syntesys receivables management program allows you to monitor payments of invoices issued by you and enhances the efficiency of control over the inflow of receivables.

Monitoring of due is the most efficient manner of controlling the inflow of receivables!

Debt monitoring services are addressed both at companies dealing with individual customers and business entities conducting B2B operations. They are designed for enterprises which due to various reasons have problems with untimely payments of receivables by their customers or intend to reduce the costs of operations of their own finance and accounting departments. Introduction of debt monitoring significantly improves financial liquidity, improves payment discipline of the buyers and reduces costs of customer service.

Debt monitoring services offered by Euler Hermes consist in taking actions leading to the business partners effecting timely payments on account of invoices issued by the company that has ordered the monitoring. Our employees maintain regular phone and mail contacts with individual business partners of our Customers. This enables them to remind the business partners that they have been charged with a given amount under an invoice issued or of an upcoming due date. The procedure is preventive in nature and allows avoiding delays in the payment of receivables. Under our monitoring services the ordering party receives information on potential bad debts which might not be repaid on the set due date. In such an event the task of the monitoring person is also to set a new payment date and to exercise payment supervision. All activities under this service are performed by our employees on behalf of the ordering company.