YOUR ADVANTAGES
The financial impact of a bad debt is actualy much higher than just the amount of the unpaid invoice. Besides the negative effects on the treasury and the profitability of a company, the outstanding debt is also and most importantly an extra charge proportional to the profitability.
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Depending on the profitability of a company, in order to compensate the loss due to a bad debt of 2.000 €, the company has to find new customers generating an additional revenue ranging from 40.000 € to 100.000 € !
To get out of this downward cycle, choose to avaid bad debt and dedicate the cost of the business effort to growing your business.
The service offered in the form of a mission provided by RedWatch has other advantages such as: no impact on the payroll, time savings, flexibility and expertise.
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Your benefits, in short, are the protection of your profitability, your cash flow, your turnover as well as the growth of your business.