Regular follow-up of commercial receivables is important for companies' cash flow and commercial security. The source of the receivable may be a contract, invoice, current account, delivery document or service relationship.
Document Management
Proper storage of contracts, invoices, delivery documents, reconciliation letters and correspondence is important for proving the receivable. Missing documents may cause evidentiary problems in enforcement or litigation.
Notice and Mediation
In some commercial disputes, mediation before litigation is mandatory. Sending a formal notice may also be important for default and commencement of interest.
Enforcement and Litigation Options
Depending on the nature of the receivable, ordinary enforcement, proceedings based on negotiable instruments, annulment of objection, receivable lawsuits or provisional attachment may be considered. Each option has different consequences in terms of time, cost and proof.