Working with accounts receivable

We promote financial stability and growth of your business by helping you manage your debt more effectively.

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Establishing a process for working with accounts receivable

Even in a situation with dynamically growing successful sales and positive business development, a company may face a liquidity shortage. This may be due to poor or inefficient work with accounts receivable: goods are shipped/services are provided, but payment for them is not received.

In such a situation, it is important to act comprehensively and promptly:

– Establish a permanent mechanism for tracking terms of payment – which may not always be easy in conditions of large sales volumes and different terms of payment for different customers.  
– Check and, if necessary, adjust clauses in contracts regarding terms of payment and possible consequences of breach of obligations.
– Establish active work with accounts receivable: build a payment reminder mechanism, identify those responsible for the process.
– Establish clear regulations with deadlines for reminders, pre-trial claims and court proceedings. Our team will gladly assist you at each stage of the process.

Effective management of accounts receivable

Integrated approach:

– Our controlling department will help you to build an effective system for tracking payments and debts and will inform you about the status of payments at a rate agreed upon with you (weekly, monthly or quarterly).
– Our lawyers will review your contracts and, if necessary, suggest wording options that will help better structure the process.
– We will prepare for you necessary templates for payment reminder texts, claims and other necessary documents.
– If necessary, we will provide support throughout the entire process.  

Advantages of working with swilar

Efficient process

Our team of experienced lawyers and financial specialists ensures successful debt collection from debtors.

Integrated approach

We are building a team of financial specialists and lawyers who will help you find the best solutions for your business.

Proactive approach

Our rule is a proactive approach. We not only respond to your requests, but also offer solutions.

International competencies

We specialize in working with international companies. Our specialists speak foreign languages and, if necessary, will be ready to clarify any questions for your foreign partner or counterparty.