Foreign procedural model
AMICABLE COLLECTION
- Check documentation
- VYNTO 1st dunning letter
- Recommendation
- Payment plans
- Call and/or field collection
- Credit reports / Tracing
- Preparation court actions
COURT COLLECTION
- Recommendation cost and process
- Automated litigation default actions
- Filing of an action
- Competent legal consultancy
- Monitoring timeline and dead lines
- Reporting and translation
AFTER COURT COLLECTION
- Enforcement of judgement
- Post-litigation collection
- Garnishment order
- Insolvency proceedings
- Help for self-help
Open borders
for
open claims
Medium-sized companies are facing considerable challenges in light of increasingly international markets; in particular, when suddenly confronted with foreign regulations and laws. What are possible outcomes? What are the things I need to consider? How can I prepare myself in the best way possible? We, the VYNTO team, provide support and consulting for international businesses, always taking into account the criteria of liquidity protection and payment acceleration. Our activities usually focused on the constantly recurring traps and pitfalls of international transactions such as customer master data, order documentation or differences in legal and cultural structure.
Real customer
service
We offer extensive specialised expertise to our international customers. This includes, for instance, know how when it comes to various legal systems and our experienced-based understanding of cultural differences. Transparency is a top priority at all times. The pallet of our comprehensive support, includes:
- Translations of information received
- Liaison with partners, debtors and authorities
- Classification of foreign processes and transfer to relevant legal systems
- Understandable reporting in various languages
- TermiScheduling and, if required, travel planning of stakeholders
Good advice
for successful
collection.
Securely navigating
through different
legal systems
Many entrepreneurs assume that their understanding of national laws and their communication habits are generally accepted abroad as well, while their foreign business partners believe exactly the same from their point of view. What are the differences in jurisdiction and culture, what are the things I have to pay particular attention to? How do I communicate correctly? How do I phrase reminders? We make sure that your claims penetrate the maze of the various, sometimes even opposing, legal and cultural characteristics.
Added value
in each phase
of collection.
CUSTOMER MASTER DATA
DOCUMEN- TATION
DIFFRENT LEGAL SYSTEM
CULTURAL DIFFRENCES
HELP! I CAN'T FIND MY CUSTOMER
Do you have the relevant master data of your customer?
Is it correct and complete?
And are your General Terms and Conditions valid and enforceable abroad?
Let our specialists consult you with their experience.
NO BIZ WITHOUT DOCS!
In many legal systems and other countries your documentation of the business case is the only thing that counts.
We tell you what to watch out for.
OTHER COUNTRIES, OTHER LAWS
Our clients often think that their law is respected worldwide. Unfortunately, this is not the case.
Our broad experience helps you recognize stumbling blocks before they can harm you.
OTHER FOLKS, OTHER STROKES
Why are things run differently in other countries?
You need to know your foreign partner's business culture to be successful or know somebody who does.
LIKE VYNTO, for example.
CUSTOMER MASTER DATA
HELP! I CAN'T FIND MY CUSTOMER
Do you have the relevant master data of your customer?
Is it correct and complete?
And are your General Terms and Conditions valid and enforceable abroad?
Let our specialists consult you with their experience.
DOCUMEN- TATION
NO BIZ WITHOUT DOCS!
In many legal systems and other countries your documentation of the business case is the only thing that counts.
We tell you what to watch out for.
DIFFRENT LEGAL SYSTEM
OTHER COUNTRIES, OTHER LAWS
Our clients often think that their law is respected worldwide. Unfortunately, this is not the case.
Our broad experience helps you recognize stumbling blocks before they can harm you.
CULTURAL DIFFRENCES
OTHER FOLKS, OTHER STROKES
Why are things run differently in other countries?
You need to know your foreign partner's business culture to be successful or know somebody who does.
LIKE VYNTO, for example.
Your way ahead with top performers
Thanks to their outstanding qualifications, our agile and flexible staff are able to handle your international collection issues professionally. Every team member possesses:
- Extensive international experience
- Training as para-legal or higher qualification levels
- Expertise regarding different legal systems (Common Law, civil Law)
- Solution-oriented negotiation expertise (Harvard concept)
- Constantly monitored English language proficiency (TOEIC test-based)
Your international
business relations
support
VYNTO is your business support and liquidity manager for international relations. Whether from Germany to the rest of the world or vice versa.
Our customer service is meets international standards and takes deviating legal systems into account (Common Law, Civil Law or hybrid systems). With guaranteed SLAs each of our processes meets the strict defaults of major international players that we are regularly audited by. Our expertise, for instance, extends to the areas of
- Money laundering
- Linguistic competence
- Data protection
- Anti-bribery protection
Wordwide
Compliant
partnernetwork
72 countries
Recommendation
and cost checks
54 Countries
Period of
Limitation check
Identifying
untapped potentials:
Liquidity consulting
by VYNTO
In addition to handling classic collection cases, the support and consulting of customers has gained significant importance in recent years. VYNTO’s liquidity consulting is characterised by a holistic view of the entire commercial process. Quality and valuation criteria are, for example, cash-flow, return on investment or the number of Days Sales Outstanding (DSO). The fact that the average number of Days Sales Outstanding in Germany in some industries exceeds 90 days, reveals the optimisation potential that often simply remains untapped.
Approach to increasing your liquidity
Use the opportunity and take the first step. We are looking forward to receiving your request.
VYNTO customers benefit from the optimisation of their sales processes – even beyond sector and department limitations. Additionally, our experts help to sensitize customer staff with regard to the various requirements of smooth invoice processes. At the end of the day, the customer is enabled and improved commercial processes can be independently performed after the consultation.
- Optimising the general terms and conditions
- Liquidity-oriented adjustment of internal processes
- Qualification and sensitization of employees
- Capacity building
- Provision and implementation of proven process templates