Consider this…63% of debtors pay when a third party debt collection agency becomes involved and 31% of those settle within the first 21 days.
Our system provides a powerful tool that helps your team secure payment swiftly. After uploading your data, you can expect payment within 7 days. If your debtor doesn’t settle their arrears within this timeframe, we notify top Global Reporting Partners like D&B and Experian. This consequence is hard for active businesses to ignore since they wouldn’t want their credit rating to suffer.
1. Upload your cases in bulk or individually, by balance or by invoice
2. The GDR system securely manages your debt and sends automated demand notices
3. All payments are directed to your nominated bank accounts
Credit control professionals can rely on GDR to manage the administrative tasks involved in debt recovery, allowing them to allocate more time to strategic credit management and risk assessment initiatives.
As a cloud-based platform, GDR takes no more than an hour to have your account setup, users added, and debts uploading, all managed by the Credit team. This eliminates the need to rely on IT resources or download any software.
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By avoiding any threats of legal action, GDR operates without the constraints of jurisdiction, making it exceptionally effective for managing international debts. Through the strategic use of time zone intelligence, communications are timed to optimize debtor engagement.
Seamless integration with current processes, requiring minimal changes
Capable of managing all types of debts
Particularly effective with debts between 30-90 days overdue
API to your software provider
