Author
Camilla Brandt
Analyst · data and economics
Camilla is behind RieckFlow's analyses of what late payment and un-recovered claims actually cost. She turns the interest-rate rules, the statutory fees and payment data into the calculations a finance lead can act on.
Written by Camilla
3 publications 2 figures
The price of one day of payment time
Every day your customers pay later ties up exactly one day's revenue in the debtor ledger. Here is what it costs — and what it is worth to put right. 2 figuresLimitation is not a deadline. It is a write-off nobody has booked
A claim is 100 % valid right up to the day it is worth 0. No warning comes, and no notice comes. This is what the curve looks like.A credit policy is not a document. It is a limit somebody has to dare to enforce
Every large organisation has a credit policy. Most of them also keep it in the place nobody looks when the customer is big enough.Or let us do it for you
Everything in here is written so that you can do it yourselves. If you would rather have the deadlines, the fees and the bailiff’s court run on their own, we will take it from there.