Helping you to manage your worldwide receivables
COFACE GLOBAL COVERAGE
- We can manage your export markets via our experienced UK-based multilingual debt collection team.
- We only use collectors who understand the local culture and market conditions and are fluent in your customer's language.
- The combination of our powerful Business Information tool and the expert knowledge of Coface underwriters based in 67 countries allows us to efficiently investigate debtor assets, accelerating debt recovery.
- Our international alliance with debt recovery partners in 98 countries enables us to recover your debt, worldwide.
Coface provides flexible, scalable debt recovery solutions to tackle late payment, maximise cash flow, reduce debtor days and improve customer relations.
Our Services incorporate the following features:
- Efficient debt recovery, providing you with one central contact point regardless of debtor country.
- Online loading of debts with real-time updates.
- Access to associated legal services - we can pursue legal action and/or register insolvencies.
- Action within 24 hours - we understand the importance of moving fast to maximise debt recovery.
Rotork use Coface's debt collection services to improve their cash flow
"I wanted to express my thanks for the effort Coface made to collect all the outstanding payments and also release some extra invoices that were not actually due. Due to your efforts and other collections made by Rotork, we managed to exceed our target by more than £1,000,000 - which in our interim accounting month was fantastic. Your member of staff that worked with us was extremely pleasant as well as being competent and professional - we managed a 98% success rate."
- Chris Franklin, Group Credit Controller at Rotork
Which collections service is right for you?
A highly flexible combination of debt collection and/or credit report services
Perfect for start-ups or growing businesses aiming to reduce payment times and improve cash flow
A customised debt recovery service to suit your specific business needs
This service can be customised in terms of the type of accounts you need collecting e.g high volume, low-value non-strategic accounts
Cofacollect: Online access to your collection cases
Cofacollect is Coface's secure on-line debt collection system which allows you to manage your outstanding debts 24/7, 7 days a week.
The fully interactive site provides you with the ability to review the progress of your debts. Cofacollect allows you to send comments and payment notifications directly to your dedicated Coface collector as well as the ability to upload supporting documentation, minimising delays to the collection activity.
Designed to optimise collections, Cofacollect ensures each debt is processed in line with the high standards set by Coface for its policyholders.