Global economy is suffering unprecedented impacts from the escalating international trade tensions and the coronavirus pandemic outbreak, and enterprises of all sizes have been struggling for several months under this "storm". With the pandemic situation gradually easing, countries are finding ways to resume their normal economic activities. In this unprecedented business environment, proper credit analysis and financial management to avoid bad debts and achieve profit gains is a major concern for small and medium-sized enterprises. The Consultant of iQor RMS Mr. Norris Chan is cordially invited by Hong Kong General Chamber of Commerce (HKGCC) to hold a seminar on July 17 to share on this. Seats are limited. Register Now!
Effective Credit Strategy and Overseas Debt Collection Techniques Amid COVID-19 Pandemic
In fact, even disregarding the impact of the pandemic outbreak, the repayment ability of businesses across various industries in some traditional industrialized countries, including China, the United States, Germany and Italy, has been declining year after year, according to iQor RMS Collectability Index which classifies the successful bad debt collection rate of different industries/countries and showcases the debt collection performance and trends. Within 17 major industries, almost 70% of the debtor companies can only repay 30% of the delinquent debt payment due to different reasons. The decline in debt collection performance is getting worse in recent years. This seminar will explore strategies on default risk warning and debt recovery management for international trades, by integrating risks forecasts and market researches, through the application of iQor RMS Big Data Analytics and global debt collection experiences.
Content of seminar
Norris Chan, Consultant, Receivable Management Services (HK) Ltd
Norris Chan has over 30 years of hands-on experience in the debt collection industry. As a veteran debt receivable practitioner, Chan and his team have managed portfolios exceeding billions of US dollars. He is a popular speaker and has conducted over a thousand seminars in Greater China.
Date and Time
17 July 2020 (15:00 to 17:30)
HKGCC Chamber Theatre
22/F United Centre
Ms. Wing Lau 22018296 / email@example.com
Booking through RMS only HK$380 per person
Download Booking Form
Photo by Jeffrey Swanson on Unsplash
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