Faster Collection of Invoices, EMD, BG's from Government and Direct Customers

Faster Collection of Invoices, EMD, BG's from Government and Direct Customers

27 Sep 2022   

Telecommunications and Mobile Companies always have some stuck money with the Government, Direct Customers OR the Dealers / Distributors, the stuck money is in nature of overdue EMD’s / overdue invoices and BG’s etc.

The stuck funds and overdue debtors are a constant concern for the CEO / CFO of the organization.

GGA assists CEO and CFO’s to collect the overdue debtors from Government / Direct Customers & Trade Channel, without disrupting business relationships.

We use a professional approach to collect the invoices / EMD’s and BG’s etc. In case the overdue amounts are not reducing, then GGA assist an organization to recover the overdue money – we take a % of the recovered funds.

1. Problem definition @ company end – overdue debtors impacting liquidity and performance

  • Debtors using the company as a bank
  • Sales teams do not have time to focus on “overdue and delayed” collections
  • Some invoices get collected in the normal course of business BUT the invoices that do not get collected – require additional support and effort
  • Government / large customers are bureaucratic and require multiple follow ups
  • Collections are time sensitive - the longer one waits, the lower the collections amount

 

2. Solution to collect the overdue invoices / EMD’s and BG’s etc

GGA has domain knowledge, skills and process to collect the overdue invoices. We are not side tracked by any other priorities, agendas or vested interests other than prioritizing debtor collections.

We assist companies to:

  1. Collect from small dealers and distributors
  2. Collect from the Government, Direct Customers, Dealer / Distributors etc.
  3. After Market collections for Sales / Service and Spares
  4. Earnest Money Deposits / Bank Guarantees / Collections for Annual Maintenance Contracts

 

GGA is a focused B2B Debtors Management Company that has over 18 years of collecting overdue debtors from Government, large corporates and the trade channel etc.

We are a Pan India company and have a presence in 22 cities and a staff strength of 200 people focusing on collection activities.


We look forward to hearing from you and taking the discussions forward.  Please contact:

 

Gaurav Gupta

Chartered Accountant

CEO - GGA India Private Limited

 

+ 91 98111 63422

gg@ggaindia.com