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COVID-19: Impact on Accounts Receivable | Published on April 21, 2020

COVID-19: Practical Tips for Collecting Your Debts

Tips for Getting Paid During the COVID-19 Crisis

During this health crisis, our usual professional routines have been thrown into disarray. The government has announced a multitude of measures to provide financial support to market participants and to minimize the slowdown—or even a complete standstill—of the French economy.

As a result, measures such as short-time work for employees, financial guarantees for loans granted by banks to struggling businesses, and executive orders governing certain legal aspects of administrative and judicial matters have been implemented. To provide a clearer overview of all these measures, we have compiled them in two dedicated articles:

Here you will find a summary of these various measures, as well as links to the corresponding websites. We have also put together some practical advice on debt collection—tips for managing day-to-day operations and preparing for the future. Once this crisis is over, it will be essentialto act skillfully to optimize your cash flow while maintaining a healthy balance with your suppliers.

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