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.
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.
Your benefits, in short, are the protection of your profitability, your cash flow, your turnover as well as the growth of your business.