Receivables Management

Increase Liquidity


Are you interested in our receivables management?

Receivables management

Strategic partnerships of Better Payment enable the modular composition of services in the field of payment processing, which goes beyond processing. This involves the optimisation of downstream processes in the event of unforeseeable payment defaults.
The following features are available for this purpose:


Collection

Residual debt purchase

Factoring

Our Decision Engine

With the help of our partners we have built our own decision engine, which can be individually configured.

collection

How does debt collection work?


In the event of debt defaults, a company (dealer, creditor) can give open receivables to a collection agency. The assigned collection company takes care of communication with the debtor (buyer/debtor), debt collection, dunning and legal dunning procedures.

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residual debt purchase

How does the residual debt purchase work?


If a payment defaults, a company (dealer/creditor) can sell its receivable to a credit institution/company specializing in the purchase of receivables. In this case, the receivable is only transferred when it actually defaults.

factoring

How does factoring work?


This process also involves the transfer of receivables of a company (dealer/vendor) against a debtor (buyer/debtor) to a credit institution/company specializing in the purchase of receivables. In the case of real purchase of receivables, the receivable is assigned as soon as it arises and the risk of loss of the receivable is transferred.

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