Negotiation of payment agreements and conclusion of surety agreements. Influencing debtors on the Inforegister and Storybook portals, which are visited by a total of around 50,000 unique users a day. The most stringent measure is the publication of the article “Revenue History”.
Domestic and international credit management
Companies that are late on their payments receive a letter/call on behalf of the Customer and are reminded of the fact that the invoice is overdue. The reasons for the delay are identified and the exact date for (including partial) repayment is clarified. The Customer receives a report on the actions taken, includiing the late payer’s comments, history, background and debt information and prognosis of cash flow.
The reason behind companies’ payment difficulties is often the domino effect – the debtor is a creditor in turn and cannot pay because invoices to the company have not been settled. Using the chain method, we find out the core reason for the debts and work towards the goal of repayment to all links in the chain.
The Security Stamp on each invoice of the company displays the company’s strength and is a sign that the company does not stand alone in preventing and solving problems.
We email our clients with a compact overview of their client portfolio. The company can on the one hand reduce its credit risks and on the other, increase sales revenues with suitable credit limits.
We represent our clients in court cases and payment order applications in court proceedings. The fees and the scope of the power of attorney given to Kreedix by the Customer is agreed for each separate claim. Court proceedings are handled by a lawyer or attorney at law.
We assist in preparing contracts and other legal documents. Kreedix OÜ has close to 300 document templates that can be adjusted as necessary.
In co-operation with the Customer, we review the current credit policy and make recommendations on credit loss reduction and propose an action plan for future credit management. We assist companies in international debt management.
We analyse the Customer’s debt claims (including time-barred claims) and based on the analysis we make an offer for purchasing the claims.
KREEDIX MEDIA PAGE - articles and useful links
Our credit management service guarantees that even the most hopeless claims are recovered.
KREEDIX OÜ: debt is the fault of the stranger, but sometimes also of the guilt of the stranger - the chain method in debt management can save the company
According to the representative of KREEDIX OÜ, debts are maintained for various reasons: accidentally and intentionally, maliciously and under duress. As an entrepreneur, how to avoid getting into debt through the fault of others, ie to receive your money from business partners in time for the products and services sold? What danger signs must be observed to prevent damage? The entrepreneur has to deal with these questions, but also with fears, on a daily basis. READ MORE …
Chaos is born of credit management instead of collection.
Without the initiative of entrepreneurs, nothing will happen and the Estonian economy will remain in debt chaos. For change, companies need to start anticipating and dealing with debtors in a whole new way. Anyone who does not sell 100% in advance does not make sense to dream that no debtors will arise. How to get debtors to pay, while maintaining the dignity of everyone, says Kreedix OÜ with almost 15 years of experience in preventing debts and dealing with debtors. READ MORE …
KREEDIX OÜ: the security stamp does not incur a cost at the expense, but bring in
A company that demonstrates the strength of its brand, adequately assesses the solvency of customers and monitors them and the receipt of invoices, is respected by its partners and is also trustworthy – such is the customer of Inforegister and Kreedix. The security stamp on the invoice issued by such a company indicates to the partners that this Inforegister customer is supported by the security network. READ MORE …
Video procedure – can't hide from the new era of debt management
In response to the Äripäev articles: "The Information Age collection agency threatens to spoil the reputation of thousands of businesses"
My deep bow to Äripäev, who tries to make clear to us the nature of business ethics through false piety. In Äripäev’s opinion, publishing debts and risk information is in itself correct, but presenting it in an “amplified” way in Storybook kills business. In the case of Äripäev, it should not be possible for Infopank, which operates in the same area as the Inforegister, to make an article and thereby remind the debtor of his obligations to the Creditors. READ MORE …
KREEDIX OÜ: Bankruptcy trustee institution urgently needs reform!
The idea of having a bankruptcy trustee in the context of economic development could be to save what else saves. Today, however, the question arises as to whom he will save for? One would think that for those who still have debts in the bankruptcy estate and that the problems of one company would not degrade others? In real life, we see the exact opposite – the trustee in bankruptcy justifies a situation where the debtor has a cup of company money and assets that could have been used to pay off debts. And he shakes hands with the debtor: “Well, there’s nothing to take from here !?“. READ MORE …