Your business. Your customers. Our responsibility.
Smart AI, human touch:
Our software optimizes your receivables management - for more time and liquidity.
Our mission
Philosophy
Your time, your focus: back to the core business
Entrust us with the complete processing of open items – including calls and communication. We relieve your team completely so that you can concentrate fully on strategic tasks and the growth of your company.
Relationships remain intact: Your image is important to us
We act as a neutral and fair partner who mediates instead of escalating. In this way, we not only protect your customer relationships in the event of late payment, but also strengthen your positive corporate image.
Measurable liquidity that convinces
Our precise, AI-supported processes ensure faster incoming payments and a significant reduction in your bad debt losses. The result is noticeably improved liquidity, giving you financial security.
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How we work
Services for entrepreneurs according to § 14 BGB
Communication and understanding are the be-all and end-all, therefore
- we communicate based on scientific methods
- we allow for individual arrangements and agreements
- we use different channels like letter, email, phone & SMS
- we take time for every concern
- we offer individual solutions such as instalment payments, deferments or settlements
What we offer you as a customer
Our modular system
- Information and credit checks
- Accounts receivable management / commercial dunning run
- Extrajudicial dunning procedure / debt collection
- Judicial dunning procedure / titling
Our added values
- Integration and individual set-up of our collection process to suit each company philosophy
- 100% transparency in all receivables processes including all costs incurred
- High customer satisfaction despite collection phase thanks to our phone support
- Online access to our system and real-time communication
- Demand for payment by a lawyer as an additional escalation stage before a judicial dunning procedure
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Our software
Technology
Thanks to our own technology, we are more powerful – contact us for business cases!
We don't use off-the-shelf software (SaaS), but our own solution, which we have been developing for more than 15 years.
This means that our work processes are optimally tailored to us and our customers.
This means that our work processes are optimally tailored to us and our customers.
We can map complex company and/or brand structures with individual access rights if required. In addition, our projects allow you to map your own debtor groups, which makes it much easier for you to post our positions.
The transfer of claims data is really simple. These can be done intuitively via our claim form or via our innovative xls/csv import. In addition, it is also possible to transfer data automatically via our API.
Data protection is our top priority: the entire handling of your data is based on the requirements of the GDPR and is regularly monitored by us. In addition, we are happy to refer you to our partner law firm if you need help with IT, media and data protection law, and we are one of the few providers to rely on a German provider as part of our cloud hosting.
We coordinate individual solutions with you within the scope of our project management and offer you customised solutions that also integrate the commercial dunning process.
Based on scientific findings and our own experience, we fine-tune our reminder strategy. This comprises up to 5 stages plus an optional request for payment from a lawyer.
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Real transparency
Costs
Out-of-court dunning procedure
We play fair & transparent
In out-of-court dunning proceedings, you assign the collection costs claimed to us in the customary manner.
You retain the default interest claimed.
We charge a flat rate for each case handed over, which is based – fairly and transparently – on the success rate achieved for your claims.
As a further escalation stage, we can optionally and technically arrange the sending of payment reminders by lawyers.
Further services can be booked individually and integrated into your dunning process.
With us, there is no fixed term or membership – we convince with our service.
Legal dunning
Cost-benefit ratio as top priority
We check in advance, without obligation, whether legal dunning proceedings make sense from an economic point of view.
If this is the case, we will try to obtain a title for you at the statutory fees, which can be enforced at any time.
If the debtor is unable to pay the debt immediately due to various circumstances, we will take over the monitoring at fair conditions.
We only instruct bailiffs if your debtor’s scoring values are correct.
We regularly check your customer’s financial circumstances at low cost within the 30-year statutory period to see whether there is still a chance of recovery.
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Our commitment
Acting responsibly
We want to achieve more – together with you.
1159 Finance stands for responsible action and supports social or sustainable projects and organizations with a portion of its proceeds.
For example, we support various social projects, as a partner of Fortuna Köln and the Bayer Giants we promote young talent and as a member of the Bundesverband mittelständische Wirtschaft(BVMW) we support the Zukunftswald project.
As a partner of 1159 Finance, we also offer our clients the opportunity to support a project or organization of their choice with a portion of our proceeds generated by you.
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Reliable partners
Excerpt Partners & Associations
Around 500 companies from the field of receivables management are organized in the Federal Association of German Debt Collection Companies (BDIU) . Our membership is subject to the supervision of the association, which in particular also includes the Code of Conduct , which we implemented with effect from October 1st, 2020.
As a member company of the BDIU, we guarantee you a conscientious, fair and proper implementation of your receivables management.
The Federal Association of Small and Medium-Sized Businesses (BVMW) is the leading, non-partisan association for the political representation of the interests of German small and medium-sized businesses. In addition to membership, we are particularly involved in the digitalisation of processes and new approaches to approaching debtors.
Together with other members and business consultancies, we support you in the area of digital transformation.
SCHUFA Holding AG is Germany’s leading solution provider of credit reporting and information services for companies and consumers. As a partner company, we have access to more than 1 billion stored information from 68 million people and 6 million companies as part of our receivables management.
In addition, as part of this partnership, we are constantly developing further offers that we integrate into our software.
Swiss Post is the market leader for address updating and research. Its solution bundles various relocation and deceased persons databases for our customers in the Schwiez region and makes this data available to us via an interface. Thanks to the seamless integration , we provide a fully automated process.
In addition, we use the Swiss Post service to validate the address provided to us when your claim is created before sending our first letter.
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We stand for your success
About us
Jörg Klekamp has been working in the field of online technologies in a national and international environment for more than 20 years. He has successfully built up companies in leading positions that have been taken over by google and ProSiebenSat1, among others.
He has also been involved in various associations for many years.
He has also been involved in various associations for many years.
In addition to 1159 Finance, Daniel Raimer is also the founder and owner of the law firm Daniel Raimer and enDebito collect & finance GmbH.
He studied law at the Westfälische Wilhelms-Universität Münster, passed the second state examination at the State Law Examination Office in Düsseldorf after his legal clerkship and also obtained a Master of Law at the California Western School of Law in San Diego.
He studied law at the Westfälische Wilhelms-Universität Münster, passed the second state examination at the State Law Examination Office in Düsseldorf after his legal clerkship and also obtained a Master of Law at the California Western School of Law in San Diego.
Jens Baum has been part of the team at the Raimer law firm in Düsseldorf since 2011. He studied law at the University of Cologne, completed his legal clerkship in Düsseldorf and passed his second state examination at the State Judicial Examination Office in 2011.
He also has excellent IT and programming skills.
He also has excellent IT and programming skills.
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Continue here…
Contact form for entrepreneurs
Contact
1159 Finance GmbH
Kieselstrasse 6
51371 Leverkusen
Phone: +49 (2173) 999 2160
Email: info(at)1159finance.com
Registered as a debt collection agency
1159 Finance GmbH is registered as a debt collection service provider.
Further information on our registration can be found in the legal notice.
We are member
