SERVICES - EOKR (Single Online Receivables Management System)

EOKR (Single Online Receivables Management System)

The basis of the service is a database built from different sources that provides all officially available negative information on a given company in an integrated form. The user can check for any business organisation whether there are claims towards it or insolvency procedures in progress against it, and have its debtors recorded in the receivables management system by the service provider.

Opten Ltd. sends a payment notice to the debtor reported by the creditor, also pointing out that the large commercial banks also use the system, which means that being listed in the system can be a substantial disadvantage for the debtor in managing his bank transactions. Experience over the past years has shown that 20 to 30 per cent of debtors choose to pay their debts in order to avoid being listed in the EOKR.
It is not possible to obtain debtors’ lists; the system only enables queries for individual enterprises. Currently, the database contains negative data of some kind for approximately 50,000 enterprises and even keeps on record enterprises whose tax number has been suspended / cancelled and employers who violated labour laws.

The system displays recorded claims in two categories:

• Existing claims (debts acknowledged by the debtor in writing, final order to conduct a bankruptcy, liquidation or execution procedure, finally awarded receivables, e.g. payment warrant, debts towards APEH or Széchenyi Card creditor)

• Disputable receivables (overdue invoices registered by users).

On querying, the following data of the indebted business organisation are displayed:
Company name, headquarters, company registration number or tax number, issuing and due date of the invoice (in case of procedures the date of publication), date of entry into the system and the gross amounts of the debt items.

In addition to the above, the system also provides a monitoring service that notifies the user who entered the debt item of any official changes in the company registration data of the relevant debtor enterprises by E mail.

The partner monitoring system enables the user to mark his partners in the list of business organisations registered in Hungary, as a result of which he will receive notification by E mail if any of these business organisations is entered in the receivables management system by a third party.

By using the stamp that is part of the EOKR service, users can—in case of non-payment—call their clients’ attention to the listing in the Single Online Receivables Management System. The stamp can be placed on invoices issued, on notification letters or on their envelopes. Use of this stamp encourages clients to pay on time.

The receivables database is updated on a daily basis (reporting by creditors, liquidation procedures), on a weekly basis (other procedures) or at other intervals (APEH list quarterly, Széchenyi Card debts half-yearly, labour law violations monthly).

Order

In case of order please inquire at ertek@opten.hu, or rather on 06 1 696 0688!