Uncertain economic conditions mean more complex credit risk management. The pandemic, supply chain disruptions, and geopolitical tensions have led to higher inflation and rising energy and raw material prices, resulting in a strong rebound in unpaid invoices and company insolvencies.
In this context, working with an expert that fully understands the intricacies of collections and debt recovery is essential to securing your cash flow and managing credit risk. And local knowledge is essential, as every country and every jurisdiction differ in their legal frameworks and specific procedures.
Let’s explore the ins and outs of collections in France, the keys to ensuring success in a collections process, and the advantages of working with Allianz Trade.