When a company has no financial settlement controls, clients often start abusing payment terms. If you allow your client to delay payment for one week, they will delay it for two. Our experience bears this out.
Use the preventive seal of Gelvora UAB for all invoices, agreements and reconciliation certificates sent to your clients and you will notice that working capital comes back a lot faster. You can also use the electronic version of the seal. It is important to ensure consistency and immediately forward all overdue invoices that bear the preventive seal for recovery.
The preventive seal serves as a subtle notice to the client informing them that the debt management company monitors fulfilment of their financial obligations and may take over debt recovery in case of non-payment.