Looking up...
Forderungsmanagement
/ˈfɔʁdərʊŋsmanɛt͡sment/
debt collection management
Das Forderungsmanagement ist für die Überwachung und Einziehung offener Rechnungen zuständig.
Debt collection management is responsible for monitoring and collecting outstanding invoices.
Business
technical
The systematic administration and pursuit of outstanding payments owed to a company, including monitoring, communication, and legal action.
Ein effizientes Forderungsmanagement reduziert die Anzahl der Zahlungsverzögerungen.
An efficient debt collection management reduces the number of payment delays.
Das Forderungsmanagement umfasst auch die Prüfung der Bonität von Kunden.
Debt collection management also includes checking the creditworthiness of customers.
Often abbreviated as 'FM' in business contexts.
Finance
technical
The process of recovering unpaid debts through structured procedures, including reminders, negotiations, and legal enforcement.
Nach mehreren Mahnungen wurde das Forderungsmanagement eingeschaltet.
After several reminders, debt collection management was activated.
May involve external collection agencies or legal proceedings.
Collocations
Forderungsmanagement durchführento conduct debt collection managementForderungsmanagement optimierento optimize debt collection managementForderungsmanagement outsourcento outsource debt collection management
Antonyms
Related Phrases
Pro Tip
Key Components of Forderungsmanagement
Focus on clear communication with debtors, structured reminder processes, and timely escalation to legal action if necessary. Automated systems can improve efficiency.
Gold Rule
Proactive vs. Reactive Approach
A proactive Forderungsmanagement involves preventive measures (e.g., credit checks before transactions), while a reactive approach deals with overdue payments after they occur.
Word Origin
Compound of 'Forderung' (demand, claim, debt) + 'Management' (management), calque from English 'debt collection management'. 'Forderung' derives from Middle High German 'vorderung', related to 'fordern' (to demand).
Usage Notes
Common in German-speaking countries, especially in corporate finance and accounting. Often used interchangeably with 'Debitorenmanagement', though the latter may emphasize customer relationship aspects.
Word Breakdown
Forderung
demand, claim, debt
noun-s
genitive linking element
morphemeManagement
management
nounDeutsch-Englisch Wörterbuch