Today's finance and management executives are tasked with understanding and managing the health of their organizations across vast data sources, geographies and locations.
These costs can intensify with inefficient pricing and portfolio monitoring techniques, inefficient credit and collection processes, and ineffective or outdated technology.
High credit risk is indicated by increasing credit losses in the form of write-offs and higher loss provisions, high cost of funding and declining net margins.
FTD Partners Credit Risk professionals improve your economic returns by helping to implement more effective risk-rating methodologies, enhance revenue through risk-based credit origination and pricing strategies, and improve risk-adjusted return on capital through better allocation methodologies.
Risk Management is a continuous process of identifying risks that are at times subject to quick and volatile changes. The identification of risks may result in opportunities for portfolio growth or may aid in avoiding unacceptable exposures for any institution.
We have a team of well experienced professionals, who have vast experience in applicable laws and practices for Credit Risk Management and Debt Collection within the existing or potential portfolio of customers and receivables in coordination with the relevant agencies and authorities in the United Arab Emirates
This leads to the elaborate strategy that enables us to conduct a search for debtors and recover money in the smoothest process possible at the minimum cost possible.
We handle the complete debt collection process from the initial debtor contact in amicable approach through to legal proceedings in a most effective and expert manner:
Settlement Negotiation
Settlement Negotiation stage performed within two months, seeking satisfactory amicable settlement proposals between parties
Litigation Process
In the instances of unsuccessful Settlement Negotiation work within two months, Litigation work is proceeded with representing the client at Prosecution, Police and Courts
Our approaches aim to recover the debts in a fruitful manner via pre-legal and legal collection procedural streams while avoiding unnecessary delays and costs: 30% of clients collect their debts prior to court litigation, 90% of the legal cases are won.
