Knowledge · 28 publications
We make no claims. We do the maths.
Guides that set out the order of things. Analyses that put a price on it. And the law behind both.
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28 publications across 5 categories
Tracks
All 28 publicationsWhat are you looking for?
Every figure in here has a source — either a statutory provision or a calculation whose assumptions are stated in the text. If it is neither, the figure does not go in.
- Guides
What should I do?
Step by step, with the deadlines, the rates and the mistakes most often made. The letter is ready at the bottom.
19 publications - Analysis
What does it cost?
What does a day of payment time cost — a forgotten fee, a case left sitting too long? We do the maths, and the assumptions are stated in the text.
4 publications - Law
What does the law say?
Rates, deadlines and legal basis — and what they mean for the party who has to get the money in. Written by the people who conduct the cases.
2 publications - Opinion
What is your view on it?
What we think about the industry, and what we are willing to stand behind having written. No figures, no steps — just the argument.
2 publications - News from Rieck
What has happened?
What has been added to the platform, and what it does to your workflow.
1 publication
The catalogue
28 publicationsEverything we have written
Newest first. Guides carry no date — a procedure is just as right today as it is in two years — so they follow the dated pieces, in the order a case runs.
- AnalysisDSO does not measure how good you are at collectingDSO rises when you grant longer credit and falls when you sell less. So it is not the figure that tells you whether the work is working.2 min read
- AnalysisThe reminder sent to a customer who had already paidThe most expensive mistake in receivables management does not cost you fees. It costs you the customer who got a reminder for a bill she paid three weeks ago.2 min read
- AnalysisThe price of one day of payment timeEvery day your customers pay later ties up exactly one day's revenue in the debtor ledger. Here is what it costs — and what it is worth to put right.4 min read
- LawThe 310 kr. fee that almost nobody chargesRenteloven § 9 a (the Danish Interest Act) entitles every business to 310 kr. per overdue invoice. On a single invoice it is small change. That is exactly why it is never collected.3 min read
- AnalysisLimitation is not a deadline. It is a write-off nobody has bookedA claim is 100 % valid right up to the day it is worth 0. No warning comes, and no notice comes. This is what the curve looks like.3 min read
- OpinionThe reminder is not a prompt. It is evidenceEveryone writes reminders as though the debtor had forgotten the invoice. He has not. The real recipient of the reminder sits in the bailiff's court.3 min read
- LawThe threshold at 100,000 kr.The simplified debt collection procedure is cheap, fast and requires no lawyer. It stops at 100,000. kr. That is where most collection agencies stop as well.3 min read
- OpinionA credit policy is not a document. It is a limit somebody has to dare to enforceEvery large organisation has a credit policy. Most of them also keep it in the place nobody looks when the customer is big enough.3 min read
- News from RieckInvoices are now pulled directly from e-conomic, Visma and UnicontaNo CSV files, no manual entry. The overdue invoice is already in the system — now we fetch it ourselves, and the sequence starts the same day.2 min read
- GuidesHow to credit-assess a new customerAfterwardsYou know who you are giving credit to — and how much you are willing to give — before the invoice goes out.Before the case arises6 min.
- GuidesHow to read the aged debtors reportAfterwardsYou can read the report band by band and know what has to happen to each group — instead of looking at the total and feeling bad about it.Before the case arises6 min.
- GuidesHow to secure the claim before you deliverAfterwardsYou know which form of security fits the transaction — and when it has to be agreed for it to hold.Before the case arises6 min.
- GuidesHow to write a credit policy that is actually followedAfterwardsYou have written rules for who gets credit, how much, and what happens when payment does not arrive — and those rules are followed.Before the case arises7 min.
- GuidesHow to write terms and conditions that entitle you to interest and feesAfterwardsYour terms entitle you to interest, fees and costs — and they have been accepted, so you can actually rely on them.Before the case arises5 min.
- GuidesHow to calculate interest and fees correctlyAfterwardsYou charge what you are entitled to — interest from the right date, fees on the right letters, and nothing that can be knocked down.The reminder process7 min.
- GuidesHow to segment your debtors without ending up with twenty exceptionsAfterwardsYou have three or four debtor groups, each with its own cadence, and a written rule for who may depart from it.The reminder process7 min.
- GuidesHow to send a reminder that holds upAfterwardsYou can send three reminders and a collection notice that hold up legally — and that make the debtor pay the costs.The reminder process6 min.
- GuidesHow to set a reminder cadence that worksAfterwardsYou have a fixed cadence that runs by itself, treats every customer the same way and shortens the time from invoice to payment.The reminder process6 min.
- GuidesHow to write a notice of collection that holds upAfterwardsYou have sent a formal demand that meets the requirements of the law — so the case can be handed over, and the costs can be charged to the debtor.The reminder process5 min.
- GuidesHow to choose between in-house collection and a debt collection agencyAfterwardsYou know where the line runs between doing it yourselves and passing the case on — and what the two options actually cost you.Debt collection6 min.
- GuidesHow to collect a claim abroadAfterwardsYou know what it takes to collect a claim outside Denmark — and when it is worth leaving it alone.Debt collection7 min.
- GuidesHow to draw up an instalment plan that can be enforcedAfterwardsYou are left with an agreement that can be taken straight to the bailiff's court if it is breached — without having to obtain a judgment first.Debt collection5 min.
- GuidesHow to handle an objectionAfterwardsYou know when an objection is genuine, what to do straight away — and when the case has to be brought as court proceedings.Debt collection6 min.
- GuidesHow to send a claim to debt collectionAfterwardsYou know exactly when a case has to move on, what to send with it, and what the debtor will end up paying themselves.Debt collection7 min.
- GuidesHow an enforcement hearing worksAfterwardsYou know what happens in the bailiff's court, what you get out of the hearing — and what a declaration of insolvency means for the claim.Legal proceedings7 min.
- GuidesHow to stop the claim from becoming time-barredAfterwardsYou know when your claim expires, how the limitation period is interrupted, and what gives you ten years instead of three.Legal proceedings6 min.
- GuidesHow to tell whether the case belongs in the bailiff's courtAfterwardsYou can decide whether a legal step is worth taking — before you spend money on it.Legal proceedings6 min.
- GuidesWhat to do when your debtor goes bankruptAfterwardsYou know how to file the claim, where in the queue you stand, and what you can realistically expect to recover.Legal proceedings7 min.
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It all hangs together
The glossary explains the term, the template hands you the letter, and the articles tell you what to do — and what it costs to do nothing. The three point to one another, so you need not search anywhere else.