VDMA SH Seminar: Dunning Procedure

KEY TOPICS: Dunning Procedure in China - "Practical and Legal restrictions" and "Dunning Process: How Risk Management has changed with the New Normal"

To ensure the money collection is a homework of every companies and If it doesn’t work well, it could be a real headache for German manufacturers in China.

The dunning procedure is a swift way to achieve an enforceable title against debtors, but it is also easily countered and has several practical and legal restrictions. Our first presentation will provide you with an overview about the legal advantages, disadvantages and practical obstacles of the dunning procedure. Furthermore the presentation will introduce alternatives such as contract adoption to secure your claims.

The second speech will focus on the practical approach. Our speaker will explain the changes with their own experience that they had to do after the economy started to growth on a slower pace and how have they succeed in drastically reducing the arrears level. Furthermore, experience of how to dunning Chinese companies will be shared. In the presentation, following aspects will be also discussed:
- key success factors for the dunning process
- Holistic Risk Management
- Dunning process for manufacturers

Join this seminar for an informative experience exchange and discussions with other mechanical engineering companies!

Don't miss this chance to exchange and raise your questions to industry peers and our experts!