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Practical Credit Management

Training Courses

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Training course summary

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The aim of this programme is to provide business owners, managers and relevant employees with useful, practical knowledge. Many organisations suffer from late or non payment of their debts. This workshop has been designed to reduce the risk of non payment, together with cost effective controls and techniques to speed up the debt collection process. Just as with other programmes in this series, this programme is specifically designed for the needs of business and will teach the subject in a hands-on way that is of maximum value in business operations. In this programme, participants look at how to control credit from the outset, and maintain control.

Regions:
  • All Areas
Delivery:
  • Other
Category:
Difficulty:
  • Introductory

Further Details

Participants will learn about:
> The risks of uncontrolled credit, and effects on cash flow
> The importance of documents, and good accounting records
> Controlling the risk.
> Credit control procedures - Opening Accounts, Taking up references, Company Searches and assessing credit worthiness.
> Giving Credit – Credit limits, terms and conditions and ensuring earlier payment!
> Invoices and Statements
> Identifying different customer types – and how to handle them.
> Creating a dialogue with your customer by a consistent approach, by telephone and by letter.
> Dealing with excuses and warning signs.
> Debt collection and the law.
> VAT and Tax Relief, Insolvency and Bankruptcy

Guide price

£249.00 (public) £149.00 (distance) Single agreed fee for in-house courses

 

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