At Kyklos we created the Business Receivables Department (B2B) with the purpose of exclusively managing debt cases of your corporate clients, regardless of legal form. The Department has achieved wide acceptance in the market, as the priority in every business is to optimize the receivables management process, especially due to the economic crisis.
The economic crisis, combined with inadequate debt management, has led businesses to:
- Significantly increase debt levels
- Increase average debt recovery time
- Difficulty in bank lending and
- Reduced cash flow
At Kyklos we aim to:
- Reduce debt recovery time and, therefore, reduce additional borrowing
- Reduce losses and legal expenses from bad debtors
- Optimize management of debtors, avoiding conflicts and uncertain results
- Improve business competitiveness resulting from less borrowing and bad debt losses.