“More liquidity by factoring reduce errors when billing more liquidity through factoring reduce errors when billing exclusive figures to pallet movements in Germany lively discussion to the vocational drivers qualification Act: driver shortage is Mainz / food, November 25, 2010 100 transporters, forwarders and Fuhrparkverantwortliche met round worsen on 18 November on the occasion of this year’s transport info days” in Essen. Three lectures on innovative management methods and an exciting panel discussion on professional drivers qualifying law mediated practical knowledge and conversation piece for the exchange of ideas during the breaks. Which is initiated by the Teleroute freight Exchange transport info days”are held for five years at different locations. “Normal 0 false false false MicrosoftInternetExplorer4 towards a much improved liquidity Simon promised chess, Managing Director of the Association of factoring for SMEs” in his speech to the Receivables Management. You write the Bill on Monday and already have up to 90 percent of the proceeds in your account on Tuesday”, chess described the effects of the factoring. It sold all assets of a company on a so-called factor. This will immediately transfer the bulk of the due amount on the account of the provider and collects money for the Bill recipient. For this performance, the factor keeps two to three percent of sales.
In a sample calculation, chess illustrated that outweigh the costs for the service provider. The obtained liquidity beautiful the own credit line and make room to take discounts when the own invoices. Also eliminated the risk of bad debt losses. Chess, leading three company in addition to his work in the Association, recommended the factoring but first and foremost to the relieving of the own management. Instead of chasing the outstanding claims, you could concentrate again the corporate development or the acquisition of new customers. Wolfgang Sprunk, partner of d LOG value added services GmbH in his subsequent speech explained the typical error when writing invoices.