Overdue debtors cost you every day.

1. Non collections of invoices, makes it difficult to plan for future investments
2. Non collections of EMD’s & BG’s etc, blocks working capital and bank limits

Collections of overdue debtors >180 days is a well-known problem – they are discussed at every management meeting and commitments to collect obtained, but then situation = out of sight, out of mind:

Companies should evaluate whether they need us or not, by comparing their “Overdue Debtors”, over a period – if they are collected then we are not required, however if they are still outstanding – then we can add value.

GGA can assist to convert the overdue debtors into cashflow. Your profits will realized and not remain with the debtor.

The internal teams have very little motivation and time to collect from aged, overdue customers:

• Dealers & Distributors – No one visits the customers, where there is no billing / current business
• Government Customers – Persistent follow up and moving the file from desk to desk
• Large Companies – Multiple  approvals/workflows, persistent follow up for approval and payments

In our prior experience, the 2 key follow up departments, have their own agendas:

1. Accounting teams – Collections are not the KRA / KPI’s
2. Sales team – Lack of time and conflicting relationships – they will leave a company but not the industry

CFO’s see us a cost and the sales teams see us as competition – while in reality, we are a great value to any organization, having overdue debtors.

We can improve the collections of > 180 overdue + EMD and BG’s expired, faster than the sales teams, dues to our focus and professional approach.

GGA is FCPA and UK Anti Bribery Act compliant, we use perfectly legal means and do not do hard collections OR harass / harm the customers in any manner.

For any information or clarification, please contact:

Gaurav Gupta

Chartered Accountant

CEO- GGA India Private Limited

+ 91 98111 63422

gg@ggaindia.com