contact Broken down by company size companies with fewer than 20 employees on average around 425 hours per year for the Accounts Receivable processing, while companies in the size class of 50 to 249 employees must invest four times as much time. The statistically spent by each employee working hours makes it clear that arise in particular in small businesses much more labor cost for processing the unpaid bills than in medium or large companies. They have to spend almost 39 hours per year per employee, while occurring in companies with 50 to 249 employees nearly 18 hours.
"is a general statement that," said Fred Fegel, Managing Director of Intrum Justitia Germany, "that Germany is still too late, too often and too long intervals be warned. Even late payments and overdue fines and the introduction of legal action are used consistently enough. "Both in Germany and in the other Intrum Justitia studied European markets have shown that companies have the lowest hazard risks to the so-called 2-2-2 .-plus formula act would mean a first reminder within two weeks after the invoice due date, only two warnings before taking legal action, or handed over to a collection agency, reminder period not longer than two weeks as a "plus" will be added. rigorous credit check prior to delivery on account of exposure to interest from the first due date and exposure to reminders, consistent Requesting the interest and fines.
Source: Intrum Justitia Holding GmbH
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