Euler Hermes is the world’s leading provider of trade credit insurance. Our credit and accounts receivable insurance enables companies of all sizes to trade with confidence at home or abroad. We help you pick the right customers to do business with and make sure that your invoices will be paid.
The average global DSO (Days Sales Outstanding) has remained stable since 2010. However the time needed to collect trade receivables continues to be very uneven across companies, countries and sectors. Many companies still have to wait 90 days or more to get paid by their clients.> Download our Global DSO Report (July 2016)
Overdue invoices can severely affect the day-to-day running and financial stability of your business. That's why professional accounts receivable management is vital to safeguard your business solvency. For many companies, especially SMEs, managing this alone can be a big challenge and a strain on their core business.
Focus on what you do best - building your relationships with your clients, not chasing them for money. That’s where the Euler Hermes Collections Team can help.
Find out more in the UK and Ireland Collection Reports: