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EOS starts process of selling Health AG and Zahnärztekasse AG
Hamburg, 29.05.2018 - The EOS Group is planning to sell Hamburg-based Health AG and Zahnärztekasse AG, which is located in Switzerland. The companies, both of which have a strong position in the market, offer potential buyers the ideal conditions for...
EOS Survey shows: EU-based companies view GDPR positively
Majority of EU companies associate new European General Data Protection Regulation (GDPR) with even more data security in the receivables management segment / Companies report extra work above all in administrative and HR areas / More than 10 percent of EU...
EOS Debt Survey 2017: Short of cash – online retailers are the last to get their money
International comparison of debtor mentality: Germans take finances personally // US Americans and Russians feel an obligation to repay banks in particular
EOS Debt Survey 2017: Germans in particular are ‘mortgage debtors’
Debtor types: Lots of ‘occasional debtors’ in Russia, lots of ‘debt junkies’ in the USA // ‘Debt avoiders’ the top category in all countries under review // Trend: Increasingly more ‘careless debtors’ among US Americans
EOS Debt Survey 2017: Living on credit is increasingly unpopular
If they fall behind with payments, Germans are more likely to have pangs of conscience than Russians or US citizens // One of the top reasons for repayment problems: Financial overconfidence // Multiple financial obligations for more than half of German...
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