Debts arising trough Europe present additional challenges in claims management. Short deadlines are watertight, evidence alone is not enough. An exact knowledge of the legal situation regulations and specialities such as possible bilateral contracts is essential.
If one reacts wrongly, even slight payment delays can often lead to an early break-up with the customer. But today one can go the opposite way, continuing the customer relationship and exploiting the customer's potential with a sensible approach in highly competitive markets.
With the growth of the global economy the control and management of international debts has increased dramatically. The collection cost of outstanding receivables locally is expensive, wich increases dramatically as foreign clients incur debts.