The process of the management of the finances is quite vital for every business. However, there is still one problem many companies in Turkey still struggle with. This is the collection of late payments from business partners. There are companies, which prefer to manage this problem on their own without any outside help. Normally, they try to fill that hole in the budget by increasing sales and paying more for marketing. Of course, the chosen path has its advantages. But still, the majority of companies prefer to deal with the issue in other ways.
In general, the debts can be recovered in Turkey in 2 ways: with the help of court debt recovery or with engaging an external debt collection agency. In the case of the 1st option, there are a lot of resources needed and one of them is time. In the case of the 2nd option, an outside debt collection agency can provide many kinds of solutions to the issue.
The outsourcing of a debt collection agency
is a process well known to many companies in Turkey. This solution works best for those companies who prefer to focus on their daily tasks while their payments are taken care of.