We have a total of 23 Years of rich experience in handling invoice payment disputes and recovery of Bad Debts for Trading, Manufacturing and Service Industries exclusively.
Personally, we have interacted with over 5000 business owners with respect to various industries to understand their pain points in their business and to see what best solution can be created for each problem and identify the route cause for such issues besides inventing a methodology to avoid repetition of such issues in the business.
When the time has seen for creating a platform for the retail debt collection and advisory services for the Trading, Manufacturing and Service industries in India, we are the initiators of such a critical need to address and safeguard the entrepreneurs for their Invoice Payment Collections and other Debtors Management Solutions. We not only tender support but also, educate the entrepreneurs about their business risks and how to address them on their own at a certain level.
If we observe the Credit or Trust levels of an individual, or a company, over a period of time it has been drastically reduced and also seen a lot of difference from the days were 3 decades ago and at present. Now the time has come to Test the Trust at frequent interludes for each client or customer that we are dealing with. It’s not wrong, but, to safeguard measures or security measures for the business to be initiated to mitigate the risk available in the industry we are in.
There are 4.5 Crore Cases pending in all courts in India as per 2021 statistics that are alarming the trust levels along with the International political, economic, and trade policies besides the technological advancement.
With the rapid increase in the number of defaulters the courts which are quite large in number are still unable to manage the work pressure resulting in delayed justice that leads to colossal loss of money, life and time which sometimes leads to the shutting down of businesses.
Just Question Yourself Once???
1. Is my business really facing Cash-Flow issues frequently?
2. What are my concerns over the Credit limit and Credit Periods that your customers or clients enjoy with your money?
3. Is there any technology adopted in my organization to address the delinquent clients or customers?
4. How rich I am, to forgo the payments that my customers or clients promised at the time of business happening due to my obliviousness?
5. Is my hard-earned money stuck with Debtors, Suppliers, wrongly invested with the influence of cosmetics, phishing, borrowers or corporate investment agencies?
6. Had I invested in a seemingly shiny portfolio only to find that I have been cheated?
7. Who are the friends, and relatives, that took loans from me and evaded payment now with a cheating mindset?
8. Am I quipped to assess the Risk before I invest in the Corporates as Debentures, Investments or Partnerships as an Investor?
9. Who is my company’s Legal Advisor? Is it necessary for me now?
10. How much my organization is suffering from delayed payments or Bad Debts every year?
If you need any kind of support in the above kind of areas, please feel free to Contact Us, we will help you in various ways to put you a shield against the risk ahead of you.
We carry an experience of more than two decades in Credit Control and Collection services along with Bad Debts Recovery diving into various industries such as Manufacturing, Trading and Services under the name, Polestar Credit Management Solutions till 2017-18 and since 2018-19 it has been renamed as Polestar Global Debt Recovery and Advisory Pvt Ltd., Exclusively specialized in Corporate collections, we handle any B2B or B2C commercial debt issue with a fast and easy approach.
We use innovative ideas and professional expertise in the successful recovery of old and bad debts. We not only help you in recovery but also advise you on steps to track your account receivables in a systematic manner which thereby enables you to significantly increase the cash inflow. This is not an errand boy job of mere collections but stretching beyond limitations we analyse assess and identify the business risk levels, and discover the root causes for the old and bad debts and the sources of revenue leakages in your domain of Business. Our expertise in suggestions and counselling will definitely help our clients experience a remarkable improvement in the quality of the A/R. We focus on your sales in a 360-degree view to enhance the profitability of your organisation. We specifically do an audit on your Debtors and provide you with the risks of those debtors and the reasons behind the involved risks.
We provide a FREE CONSULTATION to your organisation in terms of suggestions to improve your profitability while enabling you to understand the severity of Bad Debts. If your organisation is contemplating expanding, selling, merging or a takeover, we strongly recommend a total check-up of your Account Receivables as this process assuredly helps your organisation reach a high success rate. You can bank on us for reliable support in this area.
Our certified, licensed and experienced legal team works out of court as well as with the court. Our Work policy hinges on a NO SUCCESS- NO FEE protocol for bad Debt Recoveries.
We also work in the domains of Mediation and Dispute Resolution, Conflict Resolution or related wings such as MSMEFC, NCLT, DRT, LOKADALAT, COURT etc., whichever seems the best channel to enable you to get justice within a considerably reasonable stipulated time.