Credit Management and Control

This course is designed to give me comprehensive knowledge on credit control process. This comprehensive and practical course concentrates on credit control process and doing effective credit management assessing the risk and the process of credit management. It will enable delegates to get the complete pictures and improve their skills at recognizing the warning signs through the use of exercises, discussions, case studies.

This course will enhance the skills of prioritising the tasks and manage time efficiently when setting credit policies and credit limits, and will give you enhance knowledge of how to do effective cash collection through very systematic approach thereby putting the company to less exposure of risk. Analysing risk during the credit control process is very important to avoid non-payments.

This training course will be delivered with a variety of interactive techniques to ensure maximum understanding of the information presented.

Objective

• Understanding the importance of Credit Management
• Understand credit management with a view of increasing profit
• Minimising risk through credit management.
• Evaluating the components of contract and its legal framework
• Understand collections cycle, combination of methods to collect cash
• Enhancing Communication Skills
• Understand how to formulate company credit