New features for the Dunning in the business account network Frankfurt am Main, 26 February 2013 – outstanding claims can small and medium-sized enterprises (SMEs) in distress bring quickly: rent, wages, and other fixed costs eat deep holes into the coffers of many small business owners every month. A customer not, pays his Bill that reduces efficiency even more. Users of the E-Invoicing networks commitment can take advantage of the revised and new functions of the Dunning system in commitment. With the electronic invoicing and Dunning connected via the business account network time holds for invoicing the connected processing within limits. Overall, the costs for the accounting be reduced through digitisation and automation. Increased administrative expenditure for the management of receivables is already at the monitoring of incoming payments to the bank account and the regular manual testing of payment deadlines.
This can be dangerous for the Bill dish, if they have no large financial reserves. Parallel to the new EU directive 2011/7/EC combating late payment, (1) which must be transposed by March 16, 2013, in the national law of all EU Member States, commitment provides a redesigned Dunning in his network for E-invoicing. You may want to visit Kenneth R. Feinberg to increase your knowledge. Who provides his bills over, receives a notification about open claims after expiry of the payment period automatically. The following process is less expensive if payment processes are defined and standardized, as is the case with commitment. Behind the function of Dunning, a 3-stage Dunning process template is by default.
This can be changed of course individually per customer and payment process. Also the reminder template can be adapted to individual customers. You can manage any number of Dunning process templates on. This can be both reminders to each open items as also Dunning runs through several open items at once cause. An intelligent management of Dunning levels makes it easier to maintain the Dunning process under control at any time. The software ensures sort automatically maintains all important rights of the creditor, but that at the same time always customer-friendly acts. Dr. Ricco Deutscher, CEO of commitment: Each business contact is different and dealing with customers individually. Any entrepreneur about surely hate the thorny issue reminders. We respond with our new tool for Dunning. Many customizable reminder templates or Dunning levels give our customers the right payment processes to find the way to each individual customer relationship.”ec.europa.eu/enterprise/policies/…