accounts receivable management

A commercial management service to ensure that outstanding debts are paid punctually and losses avoided:

• When the contractual payment deadline has passed, a friendly reminder is sent
• As accounts age, increasingly urgent letters are sent with deadlines
• The point at which legal steps are initiated is determined by company policy and legislation.

This glossary has been prepared by Dussmann Service, the largest private multi-service provider worldwide. Dussmann Service offers integrated facility management, technical management , catering (e.g. for hospitals, seniors' facilities, child care facilities, schools and universities), security and fire services, reception, cleaning services, vehicle valeting, commercial management and energy management for companies and organizations in both the business & industry and the social and care sectors.

Dussmann Service is represented across the world by its international subsidiaries. Inquiries can also be addressed to contact persons at headquarters in Berlin. Dussmann Service, like Kursana, Dussmann Office and Dussmann das KulturKaufhaus is a division of the Dussmann Group.