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Article: Commercial Collectors Span the Globe: Technology and richer international credit data reporting enhance collection operations around the world.
- Article from:
- Collections & Credit Risk
- Article date:
- February 1, 2007
- Author:
CopyrightCOPYRIGHT 2007 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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How do you track down a company that owes a client money for airplane parts originally bought in California and then sold in Iran while the original buyer moved to Dubai?
That's the sort of involved project that confronts those hoping to do international commercial collections. While such undertakings might seem difficult, they can be accomplished by paying attention to details, learning local laws and customs and being patient, say international collection experts.
As U.S. companies continue to become more and more global in their business dealings, demand for international collection work is growing at a brisk rate.
For many businesses, ...