The annual publication "International Debt Collections Handbook" of Atradius Collections covers extensive debt collection approaches in 46 countries around the world. Colombia and Saudi Arabia are the two new countries featured in its 12th edition.
The current complex geopolitical environment has exposed many businesses to trading risk, especially default risk. Poor payment behaviour, intricate local legislation and cultural differences can present a tough challenge to companies trying to recover outstanding receivables overseas. To support B2B businesses in collecting debts worldwide, Atradius Collections launched the first edition of the International Debt Collections Handbook in 2008 and has been releasing new updates every year.
Global knowledge with local insights
From early on, the International Debt Collections Handbook has quickly gained trust from companies around the world and become the go-to source when they need information about collecting abroad. From amicable settlement - recovering debts while retaining trading relationships - to legal proceedings - using local law and legislation to recover bad debts, the International Debt Collections Handbook provides valuable insights and professional expertise.
"Having knowledge of amicable collections and the country-specific legal phases surrounding collections is vital for survival in a global economy," says Rudi de Greve, Global Operations Director at Atradius Collections. With the latest edition of the International Debt Collections Handbook, businesses can now make better decisions when dealing with default payment and be better prepared for non-payment risk in future trade.
Through a presence in 31 countries, Atradius Collections provides commercial debt collection services in 96% of the countries across the world. Their wide breadth of services, ranging from third party collections to legal collections and accounts receivable outsourcing, helps companies around the globe recover unpaid invoices. Atradius Collections forms part of Grupo Catalana Occidente (GCO.MC), one of the leading credit insurers in Spain and worldwide.