|
Collection
and Recovery of Export Receivables
Current: Following
a detailed analysis of
the specific requirements
of each client, PACS defines
and recommends efficient
processes and procedures
for the ongoing collection
of each outstanding invoice.
With the appropriate credit
contract in place, the
process can be simplified
to the presentation of
the invoice and the collection
of the corresponding cash.
The process ends with the
proper accounting of the
funds being credited to
our client's bank account.
|
Past
Due: These are divided into pre-judicial
and judicial collections. The pre-judicial process is superior
to traditional collection procedures and follows a three
step process. First, contact is made by a local representative
of our firm in an attempt to recover the debt amicably. If
unsuccessful, PACS then initiates contact with its in-country
representative as well as the appropriate U.S. Consular Officer
to register the debt as a trade dispute.
<< Back
|
 |
Send Questions?
or Comments!
to info@panamericancredit.com |
|
