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Digital dunning in Europe: Germany lags behind
Every second company in Europe is convinced that a modernised dunning system further reduces payment delays and defaults // 49 per cent of all companies rate their degree of company-wide digitalisation as high or very high // Only 18 per cent of companies...
Europe's most vulnerable: In Greece and the UK, companies are particularly at risk of going bankrupt
Outstanding payments jeopardise the credit standing of companies and their long-term viability / Greek (28 per cent) and British companies (24 per cent) in particular fear for their future / German companies the most stable in the case of payment defaults
A matter of timing: The shorter the payment term the better the payment practices
Shortest payment terms and most punctual payments in Germany / Despite enjoying the longest payment terms, Greek customers are still the most likely to pay late
Can't or won't: Why customers don't pay
Reasons for payment delays by consumers in Europe: Short-term cash flow issues / Excessive debt / Forgetfulness / Wilful intent
Systemic shortcomings: Companies are giving away their money
Inadequate invoicing processes in European companies / Decline in professional receivables management set to continue
EOS Group impresses with outstanding result and clearly defined strategy
Sales and EBT up once again on previous year/ Germany the most important market with a 46 per cent share of revenue/ Company makes its biggest ever investment in IT systems
High level of stability: EOS gets another 'A' rating
Hamburg, 12 July 2017 – For the thirteenth time in succession, the auditors from Euler Hermes Rating have awarded EOS Holding an 'A' rating, acknowledging that the debt collection specialist enjoys a good credit standing and long-term viability. The key...
Poor payment practices and outstanding payments strangle investment
Domino effect of payment defaults and delays impacts on economic growth in Europe / Every fourth company in Europe not investing due to outstanding payments
The boomerang of payment delays: Companies respond by cutting staff and raising prices
Poor payment practices can have a boomerang effect / Consumers who do not pay their bills harm everyone – the majority that pay on time and themselves / Companies affected by late or unrecoverable payments often react by raising prices or cutting staff to...
EOS Serviceline erreicht 3. Platz beim Digital Leader Award 2017
Inkassodienstleister für digitales Erfolgsmessungs-Tool ausgezeichnet / Transparenz über Arbeitsergebnisse erhöht Mitarbeiterzufriedenheit / Zahlungseingang signifikant gesteigert
Europe-wide risk of lost revenue if debt collection is not performed
Working with debt collection providers reduces liquidity risks for companies / In 2016, eight percent of business revenue was secured and reinvested in the economic cycle thanks to receivables management / Recovered debts safeguard and create jobs
After 10 years of positive development: Payment practices in Europe are not showing further improvements
The percentage of payments made on time throughout Europe has been continually increasing since 2007: Today, 78% of all customers pay their invoices within the specified deadline. Companies are nevertheless suffering financial losses. 3% of all outstanding...
‘The debt collectors’ way’
Tackling clichés with humour EOS launches viral campaign all about debt collection services
Hearing the term ‘debt collection’ makes certain images flash before people’s eyes: sinister figures in dark corners, veiled threats and frightened people. These...
Change in the Management of the EOS Group
Marwin Ramcke joins the EOS Group’s Board of Directors effective 1 January 2017 and will assume responsibility for the Eastern Europe region, where EOS is represented in 14 countries. Mr Ramcke succeeds Dr Helmut Hufnagel, who has headed the Division since...
EOS Survey 2016 / Special Report - European market: Germany benefits the most
For both Western and Eastern Europe, Germany is the most important international trade partner / Companies identify regulatory barriers despite EU simplifications / EOS Survey shows risk map for bad debt in Europe
EOS Consolidated impresses with outstanding result
Hamburg, 15 August 2016 – EOS Consolidated, which is headquartered in Hamburg, recorded a successful performance in fiscal 2015/16. Its EBT of EUR 181.4 million was well above the previous year’s result. The international debt collection company was also...
EOS awarded ‘A’ rating for the twelfth time
Hamburg, 1 August 2016 – An impressive credit standing: this was the verdict of Euler Hermes Rating in the summer of 2016 following its audit of EOS Holding, making it the twelfth time in succession that the debt collection specialist has received an ‘A‘...
EOS acquires debt collection service provider Contentia
On 1 July 2016, the international EOS Group acquired 100% of the shares in debt collection service provider Contentia in France and Belgium.
EOS Group establishes company in Montenegro
At the end of May 2016, the international EOS Group founded a subsidiary in Montenegro. The newly established company, EOS Montenegro DOO, offers services relating to all aspects of conventional receivables management.
Generational change at the helm of EOS Group: Klaus Engberding to become CEO
Hamburg, Germany, 22.06.2016: Klaus Engberding, responsible for the region Germany on the EOS Group Board of Directors, will take over the CEO position of the international leading provider of receivables management effective 1 March 2017. Hans-Werner...