ANNUAL REPORT INTRUM JUSTITIA A N N U A L R EP O R T 2 0 ...

Benefits of credit management
Sound business
and a more favorable
economic climate
Adynamic economy would be impossible
without credit.Credit
is essential for economic
growth. Our advice and services
help our clients make
sound credit decisions and manage their
credit portfolios in a professional manner.
The result is better business for our clients in
the form, for example, of increased sales and
better cash flow, less credit loss and improved
customer relations, and a more favorable economic
climate.
SLOW RECOVERY
We are currently seeing a slow macroeconomic
recovery in Europe, albeit with significant
differences between the regions
where Intrum Justitia operates. It is easier
to solve consumers’ financial problems now
compared to at the peak of the global financial
crisis in 2009. The effects of the crisis
are still being felt in parts of Europe, however,
and Intrum Justitia’s business is therefore
affected as well.
CLEAR NEED fOR BETTER CREDIT
MANAGEMENT AND RISK ASSESSMENT
Unsustainable levels of household debt in
the USA and Europe triggered the global financial
crisis. When the crisis spread to the
real economy, companies not only found
themselves facing a sharp decline in demand,
but longer payment times and pressure on
cash flow as well. Today many companies are
clearly in need of better credit management
and risk assessment. Companies are also increasingly
aware of the fact that credit management
is not their core business and that a
professional would be better at handling the
entire process – from prospecting customers
and making credit decisions to collecting
debt. The benefits of professional credit
management include faster payments, lower
costs, improved cash flow and better control
over receivables.
Our clients also benefit from having access
to the latest expertise in building customer
loyalty and identifying and penetrating new
markets. Professional credit management
ensures that companies avoid wasting time
and money on marketing aimed at customers
who are not creditworthy. We offer our clients
a menu of credit management solutions
– from a single credit management service to
total credit management outsourcing.
ON-TIME PAYMENT
– A MATTER Of SURVIVAL
In these times of slow recovery, good credit
management is even more important because
credit environments have deteriorated or are
risky in several markets. This applies to all
parts of the credit cycle – from prospecting
to debt collection.
On-time payment is a matter of survival
for many small and medium-sized enterprises.
For companies providing consumer
credit, understanding their customers’ creditworthiness
and payment behavior can help
reduce their risk and stimulate sales.
Intrum Justitia plays an active role in
the market and provides expertise and
services to both international corporations
and small businesses. This helps our clients
improve their business and helps build a
healthier economy.
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