Credit Management

Credit management is a crucial function within organizations that involves the strategic management of credit policies, procedures, and practices to optimize cash flow, minimize credit risk, and ensure timely collection of receivables. The "Credit Management" course is designed to equip professionals with the knowledge and skills necessary to effectively manage credit processes and mitigate credit-related risks. Geared towards credit managers, finance professionals, and business owners, this course offers a comprehensive understanding of credit management principles and best practices.

Throughout the course, participants will delve into fundamental topics related to credit management, including credit policy development, credit risk assessment, credit scoring, credit terms negotiation, and credit monitoring. Emphasis is placed on understanding the importance of credit management in maintaining healthy cash flow, reducing bad debt losses, and maximizing profitability.

Additionally, the course covers advanced topics in credit management, such as credit portfolio management, customer relationship management, credit insurance, and legal aspects of credit management. Participants will learn how to develop effective credit management strategies, implement risk mitigation measures, and establish robust credit control procedures to safeguard the financial health of their organizations.

This training course will give participants a developed knowledge of credit Management. Through a mix of lectures and interactive case studies, participants will be able to perform detailed credit analysis, including analysing market and environment, computing key financial ratios, interpreting cash flows and analysing financing needs.