Objective
Collection of unpaid commercial credits.
Advantages
of Out-of-Court Recovery of Credits
- Delegation
of organisational problems involving economic and financial
risk to an outside agency.
- Decrease
of exposure times.
- Lower
legal costs.
- Proactive
management: the problem of unpaid credits is transformed into
a financial resource
- Significant
increase in cash flow and related financial benefit due to
the recovery of interest for delayed payment and savings on
administrative expenses.
- Constant
liquidity and normalisation of cash flows.
Disadvantages
of Legal Credit Recovery
- The
unbearable bureaucracy and slowness of legal systems and procedures
and the recurrent favouritism to debtors in the courts.
- Long
management times.
- Insufficient
updating on case status.
- High
costs.
Who It's For
The service is aimed at those involved in the management of commercial credit.
It is designed for people working in companies who have to come up with ways
for settling such cases.
Among the potential users are typically specialised functions such as: managers
and persons responsible for commercial credit policy and the administrative
and financial departments of industrial, commercial and services companies
and all those who participate in person in handling such cases and wish to
learn new, more incisive techniques.
Some
Advice: The Most Urgent Procedures to Define within the Company
Pre-credit
How to reduce the risks of unpaid debt:
- Establishing
consistent credit policy between the commercial management
and the administrative management, harmonising forces between
sales office and administration.
- Adopting
common models for measuring performance.
- Using
shared technological systems and procedures for credit management
and portfolio control.
- Gathering
up-to-date commercial information for proper analysis of risks
and opportunities.
- Drawing
up a contract with specific clauses and guarantees.
Post-credit
How
to limit delays in payment.
Ponzi SpA is able to step in at this point to offer an effective, professional
debt collection service for delayed payments, allowing companies all the advantages
indicated above.
The
Ponzi Spa Operating Method
- Case
registration, automation and differentiation.
- Case
analysis and evaluation and an advanced research and development
study to document all the information most useful to the investigation.
- Delinquency
history.
- Entrusting
the case to highly qualified personnel supported by advanced
computerised systems.
- Ordinary,
warning, and executive procedures, with the incisive intervention
of a network of debt collectors operating throughout the country.
- Management
of actions and reactions. Tracing any new address of the debtor
and/or co-debtors and/or place of employment.
- Precautionary
and urgent measures.
- Detailed
information report with all information useful for pursuing
the action or writing the credit off as a loss.
All
the procedures are significantly strengthened by the famous "PONZI" name
and its best tradition.
-
Commodity Check
This is a subsidiary activity aimed anyone who has had negative experiences
in credit recovery. It attempts to verify the validity of the work carried
out by previous debt recovery companies.
- A
check is made to see whether illegal actions have been committed.
- During
the recovery, documentary evidence is gathered on any misappropriation
of funds.
How
to Use the Service
To entrust cases to us it is sufficient to produce copies of the unpaid invoices
or bills and any correspondence that has been exchanged.
Commercial
and Pre-Legal Information
Both in the preventive phase for client reliability and in the contentious
phase of searching for the debtor's property, the availability of correct,
up-to-date information is a decision-making plus for orienting the efforts
and planning all the client portfolio strategies.
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