ACIF Launches Debt Recovery Tool for Brazilian Businesses

The Association of Commerce and Industry of Franca (ACIF) has introduced AC Recupera, a new digital platform designed to help Brazilian businesses, particularly micro, small, and medium-sized enterprises, recover outstanding debts. This initiative aims to address the significant challenge of non-payment, which affects over 81 million consumers with credit restrictions in Brazil, impacting company cash flow and growth. AC Recupera offers a specialized credit recovery solution that combines technology, legal security, and low operational costs. Debts up to 90 days old can be submitted for recovery at no cost to the business, while debts between 91 and 365 days old incur a nominal operational fee of R$5. The platform is designed for businesses that struggle with collecting open amounts and may lack their own dedicated collection departments. According to ACIF, approximately 60% of debts are recovered within the initial 90-day period through this service. Fernando Rached Jorge, president of ACIF, highlighted that the recovered funds are crucial for business operations and that AC Recupera simplifies the process of reclaiming these resources. The system operates entirely online, allowing businesses to register debts and have the recovery process managed automatically, thereby reducing bureaucracy and expenses. A key feature is the emphasis on amicable recovery, where debtors are notified and given a period to settle their obligations before more severe actions like protest are initiated, aiming to preserve commercial relationships. Debtors can make payments through various methods, including bank slips, direct debit, and credit cards. AC Recupera can be used to collect and protest various types of debts, such as checks, invoices, promissory notes, service contracts, debt acknowledgments, rental agreements, condominium fees, and educational or healthcare service fees. The service also provides legal backing and public visibility for the debt through the protest process, which is the only legal form of public debt restriction, encouraging repayment. Businesses interested in learning more about AC Recupera can contact ACIF to schedule a demonstration.