2nd Annual Corporate Credit & Debt Recovery Summit 2018
As per International Monetary Fund(IMF), there is a rise of 7.2% of corporate debts in India in 2017. Corporate debt in emerging market economies including India, which used to average at 49% GDP nearly a decade ago, has now risen to 55% of GDP. Bad debt and working capital are serious concerns for any company and business today, especially after the GST impact and Demonetisation. It has been known that cash flow problems have led to the ruin, failure and bankruptcy of otherwise successful concerns in the industry.
Debt recovery across any industries is always changing and ever-evolving. Laws related to consumer credit, creditors rights, and collections are constantly under revision. Tools, technology, and resources are regularly appearing and disappearing. What’s more, you must stay on top of not only debt collection, but also of related industries like compliance and fraud. It’s a complex environment. To help debt collections professionals and their companies ensure compliance, follow the law, and stay up-to-date on the latest and greatest collections-related technology, the 2nd Annual Corporate Credit & Debt Recovery Summit will offer an excellent platform, wherein stalwarts from the industry will discuss the latest strategies and techniques to create a robust credit and collection process in your organisation. The summit will hold interesting keynote discussions, breakout groups, continuing education, and plenty of networking opportunities.
Key Benefits
The Corporate Credit and Debt Recovery Summit will bring together the heads of finance, treasury, credit, collections, control and recovery under one roof to address the current challenges in debt recovery and discuss legal frameworks, debt recovery outsourcing and dealing with cross border recovery aspects.