Indian software developer got that Payfor feeling
Payfor was able to collect the outstanding debt by negotiating a resolution between the two companies.
Nov 03, 2020
When an Indian software developer completed a digital project for an Australian client, they expected timely payment. However, the Australian company failed to settle the invoice, leaving the developer frustrated and without the funds they had rightfully earned.
Payfor Steps In: Bridging the Gap
Payfor, a global B2B debt collection expert, took over the case to mediate between the two parties. With a structured and professional approach, Payfor facilitated negotiations that respected both parties' concerns. The Indian company provided proof of services rendered, and Payfor worked to ensure the Australian company acknowledged its obligation.
A Structured Repayment Solution
Understanding the complexities of international business transactions, Payfor proposed a repayment schedule that suited both parties. The Australian company agreed to pay the outstanding balance in a series of installments, all processed securely through Payfor. This solution not only recovered the debt but also preserved the professional relationship between the two businesses.
Why Payfor Stands Out in Global B2B Debt Collection
- Expert Negotiators: Skilled in managing cross-border disputes and mediating between international clients.
- Proven Processes: A structured approach, including weekly emails and daily follow-up calls during the 30-day Chase Campaign.
- Global Reach: Multilingual capabilities and a worldwide legal network to support collections.
Results You Can Rely On
The Indian software developer received the full outstanding amount, enabling them to focus on their business without further disruption. The Australian client complied with the payment plan, avoiding potential legal action.
Work with Payfor for Effective B2B Debt Collection
Payfor offers a comprehensive 30-day Chase Campaign with weekly emails and daily calls to debtors. If payments remain outstanding, we leverage our global legal network to escalate the case. Whether your debtors are local or overseas, Payfor has the expertise to recover your funds efficiently.
Disclaimer:
This blog post is intended for informational purposes only and should not be construed as legal advice. The information provided in this post is based on general principles and may not apply to specific legal situations. Laws and regulations vary by jurisdiction and can change over time. Readers are advised to seek professional legal counsel before making any decisions based on the information provided in this blog post. Payfor Ltd is not a law firm and does not provide legal services. The company disclaims any liability for actions taken based on the contents of this blog post.
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