Cross-Border Collections: The 3-Country Rule That Costs You 18% of Every Invoice

    Are you losing money on your international invoices without even realizing it? Many businesses overlook a critical oversight in cross-border debt collection, leading to significant financial leakage. This video exposes the "3-Country Rule" – a common, yet costly, pitfall that can erode up to 18% of your outstanding international receivables. If you're an international creditor, CFO, or Accounts Receivable professional, understanding this rule is paramount to safeguarding your cash flow and maximizing your recovery rates. We'll break down how this subtle complexity can derail your collection efforts, leading to extended payment terms, increased legal costs, and ultimately, a substantial hit to your bottom line. Discover the hidden financial drain and learn how to avoid it.

    Key Takeaways

    • Identify the "3-Country Rule" to prevent costly delays in international debt recovery.
    • Mitigate up to 18% of invoice value lost through overlooked cross-border collection complexities.
    • Implement strategies to streamline international collections and secure faster payments.
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