Modele windykacji naleznosci i konsekwencje ich stosowania

• Authors: Wodynska Anna

Title variants

EN

DEBT COLLECTION MODELS AND THEIR USING IN PRACTICE

• Languages of publication: PL

Abstracts

EN

An important element of a company's credit policy is its attitude to collecting due receivables. A company tries to establish the rules of collecting the said amount within the standards that are applied in a company. Depending on the organizational structure of a company, its scope of activity, common practices and, in particular, the credit policy assumed by a company, enterprises use internal, external or mixed debt collection models. Internal debt collection model assumes conducting debt collection activities within the organizational structure of a creditor company. External debt collection consists of ordering debt collection activities at a specialized company that handles debt service (outsourcing), which is connected with acting on behalf and account of the ordering party, but it also consists of receivables trading. The choice of proper debt collection model is not easy, due to, among others, high costs of the process as well as necessary expertise knowledge in the said scope; and the products offered on the market, although they seem similar, do differ substantially among one another. Regardless of the debt collection model, it shall be remembered that debt collection shall be run in a manner that ensures consolidation of entrepreneur's good name and their market position. The debt collection procedure binding in a company shall serve to work out a cooperation model with clients that are based on buyer's reliability.

Keywords

EN

CREDIT POLICY; DEBT COLLECTION MODEL

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Wyższa Szkoła Finansów i Zarządzania w Warszawie
• Journal: Contemporary Economics
• Year: 2007
• Issue: 1(1)
• Pages: 121-136
• Document type: ARTICLE

Contributors

author

Wodynska Anna

• Anna Wodynska, Gornoslaska Wyzsza Szkola Handlowa, ul. Harcerzy Wrzesnia 3, 40-659 Katowice, Poland

Identifiers

CEJSH db identifier

11PLAAAA09239