At selecdoo, clear and transparent payment terms apply that are binding for all business partners. If an invoice is not settled on time, an automated process kicks in that ensures planning security and efficiency.

Once an invoice exceeds a delay of 7 days, it is automatically transferred to Creditreform. This step is triggered by the system and does not include any manual case-by-case review or additional reminder from selecdoo. This automation enables selecdoo to keep processes lean and cost-efficient – an advantage that ultimately reflects in the platform's competitiveness.

For business partners, this means: taking personal responsibility for monitoring payment deadlines is essential. selecdoo recommends always keeping invoices in view and proactively reaching out if liquidity bottlenecks are foreseeable. Early dialogue can help find solutions together – before an automatic transfer to the collection agency occurs.

Through this clear structure, selecdoo creates reliability for all parties involved and ensures that payment processes are handled professionally and legally secure. Transparency and fairness are at the heart of it all – for a partnership-based collaboration at eye level.