Sber Time2Pay

Time2Pay - service of collection of overdue receivables.

2021: Start of service for collection of overdue receivables

Sber, together with ActivBusinessConsalt (ABK), is part of the Sberbank ecosystem, April 14, 2021 announced the launch of the Time2Pay service. The service is designed to collect overdue receivables from legal entities or individual entrepreneurs. Service employees take over work at all stages of collection - from the first call with a reminder to pay off the debt to accompanying the interests of the creditor in the bankruptcy procedure.

The Time2Pay service, based on debt analysis, offers the client the most effective tool for its return. Time2Pay pricing policy provides a flexible approach: for the services of negotiations and support of executive production, the service takes a commission on the fact of the service provided. If the debt could not be recovered, the client does not pay anything.

For Time2Pay customers, there are no restrictions on the amount, the stage of collection, the nature of the debt, the region of registration of the parties. The main audience of Time2Pay customers is companies from the field of trade, services, housing and communal services, operating on conditions of deferral of payment.

In the market for collection of overdue receivables, mainly small individual companies operate, providing services with a restriction in amounts, return tools. The innovation of the Time2Pay service consists in an integrated approach when working with a client, individual solutions and high automation of all stages of the procedure, Sberbank said. At the same time, service lawyers using the technological solutions of the Sber group are engaged in representing the interests of the creditor in court, negotiating and preparing a package of documents.

Previously, we offered services in the late stages of collection - supporting a bankruptcy case or selling assets to pay off debt - and often heard from customers that they would like to return their debts peacefully and quickly without going into multi-year enforcement procedures. Indeed, at an early stage of delay for the return of funds, only correctly built communication with the debtor is enough. In addition, the dynamics of the growth of overdue receivables (10% for 2020, according to Rosstat) and a large market volume open up additional opportunities for the implementation of our expertise in collecting debts of enterprises, "said Maxim Degtyarev, vice president, director of the Department for Working with Problematic Assets of Sberbank.

ActivBusinessConsult has a great expertise in collecting problematic debts - from the pre-trial stage, when we can agree on a return on conditions convenient for all parties, to the stage of enforcement proceedings, when we use our other services. For example, search for assets and its realization. With the help of the Time2Pay service, the client can save time and money and solve his problem both at the initial stage, without bringing the case to court, and in more difficult cases when our specialists will take on interaction with government agencies - be it litigation or the implementation of decisions based on their results, "said Dmitry Teplitsky, General Director of ABK.