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Page:  Get paid industry in Latvia in transformation Thomas Zedendahl Baltic Countries General Manager
Page:  Agenda Brief Presentation of Sergel Get paid process today vs. tomorrow? Collection association current topics
Sergel ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Page:
Business Concept  ,[object Object],[object Object],[object Object],[object Object],Page:
What we offer  Page:  AR Services i.e. reminders Credit history data base Pre legal cases Open court cases Insolvency cases Monitoring company changes i.e board members   Pre legal collection Legal collection Debt surveillance Debt acquisitions
Some of our clients in Latvia Page:
Page:  Better understanding of debtor Cost-efficient process with higher recovery   World Class - Debts administration  Existing Latvian - Debts administration  The more you wait the lower recovery you get CUSTOMER Sergel Due date of invoice Reminder  customer name Take the in-call/call reminders Termination of agreement Start Pre-legal collection Pre-legal and  legal collection Debt surveillance and legal collection Back to customer Day 7-30  Day  7-30  Day 30-180  Day 30 -  180  Day 30-180  Day 180-360  Day  90 -360 CUSTOMER Sergel Due   date of invoice Reminder  customer  name Take the in-call  reminders Call to  the debtors Pre-legal  Collection Termination of agreement Debt Surveillance or Legal collection Buying debts? Day 7 Day 7 - 3 0  Day  10-30 Day 30 Day 45-60 Day 90-360 Day 360
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Page:  Laws and regulations - And practice
Collection association ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Page:
Page:  Collection association statistics   Number of invoices sent to collection agencies Total amount in LVL   2009 2010 2009 2010 B2B 70 609 29 605 56 662 626 25 736 799 B2C 432 434  389 156 111 002 690 131 011 461
Page:  P-A Blomquist 2008.10.17 Thanks! SERGEL Lielvārdes street 8a, Rīga, Latvija Tel: (+371) 67630303  Fax: (+371) 67630304 www.sergel.lv [email_address] [email_address]

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Get paid industry in Latvia in transformation

  • 1. Page: Get paid industry in Latvia in transformation Thomas Zedendahl Baltic Countries General Manager
  • 2. Page: Agenda Brief Presentation of Sergel Get paid process today vs. tomorrow? Collection association current topics
  • 3.
  • 4.
  • 5. What we offer Page: AR Services i.e. reminders Credit history data base Pre legal cases Open court cases Insolvency cases Monitoring company changes i.e board members Pre legal collection Legal collection Debt surveillance Debt acquisitions
  • 6. Some of our clients in Latvia Page:
  • 7. Page: Better understanding of debtor Cost-efficient process with higher recovery World Class - Debts administration Existing Latvian - Debts administration The more you wait the lower recovery you get CUSTOMER Sergel Due date of invoice Reminder customer name Take the in-call/call reminders Termination of agreement Start Pre-legal collection Pre-legal and legal collection Debt surveillance and legal collection Back to customer Day 7-30 Day 7-30 Day 30-180 Day 30 - 180 Day 30-180 Day 180-360 Day 90 -360 CUSTOMER Sergel Due date of invoice Reminder customer name Take the in-call reminders Call to the debtors Pre-legal Collection Termination of agreement Debt Surveillance or Legal collection Buying debts? Day 7 Day 7 - 3 0 Day 10-30 Day 30 Day 45-60 Day 90-360 Day 360
  • 8.
  • 9.
  • 10. Page: Collection association statistics   Number of invoices sent to collection agencies Total amount in LVL   2009 2010 2009 2010 B2B 70 609 29 605 56 662 626 25 736 799 B2C 432 434 389 156 111 002 690 131 011 461
  • 11. Page: P-A Blomquist 2008.10.17 Thanks! SERGEL Lielvārdes street 8a, Rīga, Latvija Tel: (+371) 67630303 Fax: (+371) 67630304 www.sergel.lv [email_address] [email_address]

Editor's Notes

  1. Thank You!