If you're a business owner, bookkeeper, finance manager or otherwise involved in business finance, you've no doubt experienced the challenges of bad payers - and the headaches that can come with them. Some customers pay their invoices late - while others choose never to pay. This can be tough on your cash flow and the extra work involved in getting your money back.

In this article, we focus on whether you can avoid bad payers and how to minimize bad payers. At the same time, we look at what you can do if the worst happens.

If you're a business owner, bookkeeper, finance manager or otherwise involved in business finance, you've no doubt experienced the challenges of bad payers - and the headaches that can come with them. Some customers pay their invoices late - while others choose never to pay. This can be tough on your cash flow and the extra work involved in getting your money back.

In this article, we focus on whether you can avoid bad payers and how to minimize bad payers. At the same time, we look at what you can do if the worst happens.

Det korte svar er desværre nok ‘nej’. Dårlige betalere findes i mange afskygninger, og årsagen til den manglende betaling kan være mange. Samtidig kan de være utroligt svære at identificere. Heldigvis er der mange ting, du kan foretage dig for at minimere din økonomiske risiko og mængden af kunder med dårlig betalingsvillighed. Et kredittjek af virksomhedens økonomi eller kreditopslag at privatkunden kan være en meget effektiv del af det arbejde.

Dårlige betalere kan desværre aldrig helt undgås – uanset hvor mange måleparametre der analyseres og hvor mange kreditvurderinger, der foretages på en kunde. En positiv kreditvurdering er ikke en 100% garanti for, at kunden har god betalingsvillighed i fremtiden. Dog er det et fremragende værktøj og indikator for, om det er en økonomiske risiko ved at handle med den pågældende virksomhed eller privatperson.

En kreditvurdering vil unægtelig minimere din risiko for dårlige betaler markant – alene på baggrund af, hvorvidt man kender en dårlig betaler fra et tidligere gældsforhold eller ej. Ved gældsforhold menes der ‘betalingsanmærkninger’ i gældsregister. Anmærkninger, som kreditorer indberetter til registeret over dårlige betalere.

Derudover anbefaler vi naturligvis også, at du kombinerer en kreditvurdering med almindelig sund fornuft, og generelle baggrundstjek af din kunde. Dette kunne eksempelvis omfatte kundens nøgletal / regnskabstal eller lignende, der kan afsløre særlige forhold om en kundes økonomiske forhold.

Det får du med Qatchr.

Whether or not you've done a credit check or other background analysis on a customer beforehand, there are many good opportunities to get your money back if the customer unexpectedly fails to pay their invoice or other debt.

The most effective way to get your money back is through debt collection - either from a debt collection company like Collectia - or from a lawyer specializing in debt collection, also known as a debt collection lawyer.

Whether you choose debt collection through a debt collection agency or a debt collection lawyer, you will typically receive professional, streamlined and efficient handling of your cases/claims. In the debt collection process, reminder letters, collection notices(demand letters) will be sent out and the customer will be contacted by phone or in person.

The debt collection process itself often proves to be very effective - after just a few contacts with the customer/debtor. However, occasionally you will find that the customer does not pay in the extrajudicial debt collection process. If this is the case, it will be possible to run a legal debt collection process with the help of the bailiff court.

In other words, debt collection is the professional solution if you are facing challenges with bad payers. If you choose to let a debt collection company or lawyer handle your debt collection, you also minimize the headache of having to spend time and resources on making phone calls, sending out reminder letters, debt collection notices, charging interest and reminder costs - your debt collection partner will do that for you.

Do you need debt collection? Get in touch with Collectia

Bedre sent end aldrig! Benyt dig af Qatchrs kredittjek til at identificere kunder og leverandører med dårlig betalingsevne, som potentielt kan skade din økonomi og din forretning.

Over 5000 danske virksomheder går årligt konkurs – små som store – og når det sker, er det sjældent, at du får dine penge tilbage, hvis du har ydet kredit til dem.. Dette skyldes som regel, at du ikke er den eneste virksomhed i køen, der har penge til gode. Som regel er der banker, realkreditinstitutter, kuratorer mv., som står først i køen. Derfor er det ofte begrænset, hvor meget der er tilbage, når det bliver din tur – da du som oftest har et simpelt krav.

Do you deal mostly with private customersyou can also look them up in Qatchr! This will tell you if the person has payment remarks and should therefore not be offered credit.

Should credit be given? Should a deposit be taken? Or should no credit be given at all? These are questions that all businesses should ask themselves and investigate thoroughly before engaging with a new customer or supplier. By carefully analyzing, determining and setting a credit policy for each individual credit relationship, businesses have a better chance of maintaining healthy cash flow and reducing losses on potential bad payers and bankruptcy riders.

When you apply for credit, you're essentially asking the creditor to trust your ability to pay. But how can you as a creditor know if you actually have a sound financial situation? This is done by performing a credit assessment, which may include an estimate of the credit maximum and a maximum number of credit days. The creditor will then inform you whether or not credit can be granted and how much can potentially be granted.

Begynd allerede nu at overveje en kreditvurdering på din potentielle kunde, leverandør etc. før et eventuelt pristilbud laves. På denne måde vil du som kreditor spare penge på sigt, øge cash flow og spare hovedpiner samt dårlig nattesøvn fremadrettet.

At Qatchr, we have a unique tool for companies that want financial insight into potential and current customers and suppliers. With our service, Credit Check, we give you the best conditions for a valid analysis. A credit check includes, among other things:

✅ Credit score
✅ Recommended credit maximum
✅ Recommended number of credit days that should be given
✅ Payment remarks in Qatchr
✅ Detailed observations (e.g. whether the company has foreign owners or has experienced a change of auditor)
✅ Last 5 years of accounts
✅ Development of key figures

The credit score is the cornerstone of our credit check. It indicates a company's ability to honor any loans and pay their debts or the likelihood of not being able to cover any major debts. The score ranges from 0-100 (high to low trade risk) and is calculated based on a wide range of parameters - including a person's bankruptcy history, key figures from recent financial statements, size, payment history and many more. Depending on what the credit check reveals, you can either decline to cooperate or take certain steps to protect yourself in a potential deal. For example, you can suggest a customer with a bad credit score (high risk) to make ongoing partial payments to protect your finances.

Privatsøgning i Qatchr vil hurtigt afsløre, om din kunde har en betalingsanmærkning og er registreret som dårlig betaler i vores gældsregister, Debitorlisten.

✅ Detailed debtor info
✅ Payment remarks in debt register
✅ CPR validation and status
✅ Latest change of address
✅ Vehicle liens
✅ Housing conditions