Was ist Inkasso?

What is debt collection?

In simple terms, the term debt collection means that financial receivables that are justifiably due are collected or pursued. It originates from the banking sector and is part of accounts receivable and receivables management, which also includes accounting and dunning. Receivables can be, for example, unpaid products, goods or services. Debt collection, i.e. the collection of outstanding invoices that have not been paid on time, can be carried out by the creditor itself or represented by a third party, such as a law firm or debt collection agency.

Regardless of whether outstanding receivables are to be collected in the company's own name or in the name of a third party, the aim of debt collection is to ensure that debtors, i.e. debtors or customers, pay for the services actually used by a company.