Optimize Late Payment Recovery with a Structured Litigation Strategy
Anticipating risk is key to managing unpaid invoices with efficiency and control. According to a recent study by the Plum Institute, over 8% of invoices issued in France are never paid or are paid so late that they’re written off as losses. This reality confirms a fundamental truth: debt collection must be treated as a strategic function within customer accounting with dedicated tools, methods, and best practices inspired by modern credit management.
When standard reminders and amicable negotiations fail, your credit manager, financial controller, or collection officer must be empowered to trigger the right escalation path, especially for debts over 90 days past due.
This is where Eloficash, our SaaS platform for AR management, becomes a crucial asset:
It centralizes all recovery data, automates collection processes, and supports a structured litigation approach designed to recover amounts due with speed and precision.
Take the Right Decisions, at the Right Time
Timely action is everything.
The older a debt gets, the lower the chances of recovery, dropping below 5% after 360 days. That’s why Eloficash includes advanced monitoring of aged balances, automated alerts, and the ability to trigger escalated actions such as:
📨 Sending a formal notice (via registered mail)
💻 Issuing a payment order (in France, via CERFA forms)
📄 Preparing legal files for formal recovery
If reminders go unanswered or reasons for non-payment are unclear, your finance team must quickly decide whether to:
Pursue collection
Transfer the case to a specialist
Initiate legal proceedings
Write off the receivable
Eloficash helps you weigh the right options based on key variables such as: type and age of the debt, legal and administrative costs, recovery probability & late payment penalties and damage claims.
💡 Example: CERFA payment orders can be initiated directly within Eloficash which proven to be an effective psychological trigger for faster settlement.
Outsourcing Recovery: Work with Collection Experts
When internal collection efforts stall:
Outsourcing to a certified collection agency can unlock the situation, all while preserving the commercial relationship with your client.
By temporarily assigning the debt to a third-party specialist, you gain:
🤝 Negotiation leverage
🟰 Neutral intervention in sensitive cases
📆 Ability to propose structured payment plans
Eloficash integrates with external providers to track recovery actions, evaluate compromise options, and flag potential insolvency risks – so you always maintain control over outsourced operations.
💡 Tip: Outsourcing is particularly useful for international claims, where local expertise and legal context are critical.
Prepare Legal Action with a Structured Workflow
When legal proceedings are unavoidable, Eloficash supports your team every step of the way.
Thanks to predefined litigation workflows, our platform helps you:
📄 Prepare and centralize supporting documents (quotes, POs, invoices)
⚖️ Set legal deadlines for submissions and enforcement steps
🕰️ Coordinate timelines and actions based on the jurisdiction involved
⚠️ Note: Court delays, regional variations in processing times, and overloaded jurisdictions (such as commercial courts or bailiffs) can slow procedures. Eloficash helps you anticipate and manage these delays.
If a receivable must be written off (e.g., in case of judicial liquidation or proven insolvency), Eloficash also supports you in:
➡️ Automating provisioning entries
➡️ Tracking profit/loss adjustments
➡️ Generating recovery reports for financial consolidation
🎯 Objective: Your write-offs should not exceed 3% of your total receivables. If they do, it’s time to implement immediate corrective strategies.
Gain Full Control Over High-Risk Accounts with Eloficash
From early alerts to final recovery, Eloficash gives your credit and finance teams the tools to manage the full litigation lifecycle efficiently, compliantly, and with complete visibility.
👉 Book a demo to discover how Eloficash can help you reduce bad debt, secure your cash flow, and improve your financial resilience.