When it comes to debts in any B2B business many people have a different understanding of the process. Our associates in CIS DRS are well aware of the entire process from the very beginning. For regions like Fujairah, it is extremely important to receive payments
on time. As it appears in practice, many companies from that region struggle with getting paid for what is owed. Such a case creates a list of issues for businesses on both sides.
In general, there are two ways on how to settle late payments. Companies either can get help from the court, or outsource third-party debt collection agencies. In practice, the majority prefer the 2nd solution. In Fujairah, third-party collectors are able to give you several solutions to the issue. That is why it is extremely important to outsource the right external debt collection agency.