What is a payment plan? How do you implement it? Under what conditions? What are the risks? The payment plan between professionals is a very useful tool as long as several key principles are respected. Otherwise, it risks, on the contrary, to contribute to the deterioration of the client's account situation and to increase the unpaid debt for the creditor.
It is therefore important to be careful and use this tool wisely, with the right contractualization and monitoring tools. In this case, it can be very beneficial for both the buyer and the seller, particularly by contributing to the sustainability of the commercial relationship.
Read our tutorial on this important aspect of cash collection in complex situations.