Course description
Overview
The objective of this course is to equip participants with practical techniques and resources for effectively managing their accounts receivable and optimizing their cash flow and working capital.
Credit management encompasses a broad spectrum of activities, encompassing processes, systems, methodologies, and actions employed within a business to oversee the credit extended to its clients or customers.
Lacking efficient credit management tools and procedures can lead to cash shortages and, ultimately, business failure.
Your credit management procedures should encompass every phase of interaction with clients or customers, starting from evaluating the risk to your business when they are potential clients, to negotiating terms and conditions, implementing effective invoicing practices, and finally, managing credit control and debt collection.
Each of these critical aspects of your business operations will be thoroughly explored and discussed in separate fact sheets. Debt collection, for example, refers to the practice and procedure of pursuing payment for debts owed by individuals or businesses.
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Courses delivered across the UK, Europe, Asia, North America, and the Middle East
We design the module and engage in learning experiences anytime, whether it is local or global facilitation you need.
Experienced and highly qualified trainers provide a distinctive learning experience customized to your needs.
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Global Business Advisors
GBA the name highlights as a one-stop for diversified training. We are one of the most upcoming UK-based training companies offering extensive training with a wide range of training courses. We are based in the UK with venues across the...