The reasons are many. But they can be summarized in two key points:

[nrumohammadx1]

Let's start with the basics: what is credit management ? In short: it is the entire set of actions implemented by a company in the management of corporate credit, and what revolves around it, 360 degrees.

So, in concrete terms, we are talking about activities such as: credit quality assessment, debt collection, interruption of the statute of limitations (to ensure the collectability of debts), document analysis and reconstruction (from which the recovery process must start), monitoring of returns and collections.

And of course, this is not an exhaustive list. All these credit management processes have never been so much at the center of attention of companies in any sector as today. Why?


The current large amount of unpaid debts and credits to be hungary whatsapp resource recovered, which has different dimensions depending on the Industry, but which sees a very dangerous and generalized upward trend. In this regard, it is enough to consider these data, which emerged in the XIII UNIREC report on Credit Protection Services published in June 2023: in 2022, UNIREC associated companies managed 80% of total practices on behalf of third parties. Compared to 2021, the increase was almost 50%; the credits entrusted for recovery to UNIREC associated companies increased in 2022 compared to the previous year (+26%), reaching a size in absolute value of approximately 200 billion euros.
The intersection of credit management issues with those of the so-called churn (i.e. the abandonment of a company by customers): another very hot area, which today also concerns sectors that, historically, were more sheltered. Just think, for example, of the Utility and energy sector, with its liberalizations already occurred and those still in progress.
The problems of churn and those of unpaid bills are distinct, of course: but very often they end up intertwined, triggering a further dangerous negative spiral.

And to conclude our introduction, let us consider this further, very eloquent data; and which constitutes another very precise warning: according to estimates, approximately one bankruptcy in five, in the small and medium-sized business sector, occurs due to an excessive volume of unpaid debts and missed payments.

The urgency and centrality of the credit management theme is evident . At this point, therefore, it is essential to ask the main question: how to optimize these procedures? The answers are multiple and diverse. But there is a minimum common denominator: and it is called "digitalization".