For some time now, all of Europe has been gripped by rampant inflation. Although it has begun to fall in some countries and continues to rise in others, there is one constant – prices are rising everywhere. This affects not only us as consumers, but also our business or employers. Therefore, it is now extremely important to manage your finances effectively.
What steps should we take when controlling our receivables?
It is fundamental to ensure the following:
- active and continuous monitoring of the customer portfolio,
- real-time tracking of customers’ accounts by working with their ERP systems,
- high-quality technology and tools to help provide superior service,
- investment in a team of experienced employees.
EFF, with our location in the heart of Europe and team of experienced specialists, keeps pace with the main competitors on the market, but the costs associated with our services are lower than those of companies from the UK or other Western European countries. Our experts in the receivables department operate with confidentiality clauses, making them an “invisible extension” of our clients’ companies. It is worth betting on effective tools to fight inflation.
