BAD DEBT MANAGEMENT IN THE CORPORATE SECTOR

In even the best of times, the corporate sector is plagued with questionable debt where collection from a client is a slim hope, but where some hope might remain.  Those that aren’t collected become bad debts, a virtual write off of potential revenue for the sale of products or services already provided. Bad debt is a fast growing segment of delinquent accounts, especially in the current state of economic affairs. However, debt can also be viewed as a potential asset, the same as a potential sale for any business. Bad debt especially can be viewed as gold under your feet.  Smart companies that are looking to increase efficiency and revenue are finding that preventative measures, are helping.  Really smart companies are also increasing their efforts in the collection of ‘bad debt’: those debts that were once written off as a loss are now viewed as potential revenue.

IC Energy is proud to present a uniquely created event focusing on helping companies claim more of their sales revenue from a most unexpected source: Their own debt.  This event will highlight innovative prevention practices and effective approaches to corporate debt recovery, as well as practical case studies on success stories and also on efforts that did not turn out as planned, but have valuable lessons to teach. Russian, CIS and international experts in debt collection and management will provide insight into the resolution of bad debts by providing effective levers of influence and problem solving techniques.

IC Energy invites you to take part in the event’s open debates and share your expert opinion, listen to the experience of other companies and choose the best strategy to prevent accounts receivables.