Course description
Overview
Debt collection and credit management are integral components of financial management within organizations, ensuring the efficient management of credit policies and the timely collection of receivables. The "Debt Collection and Credit Management" course is designed to provide professionals with a comprehensive understanding of both debt collection principles and effective credit management techniques.
The credit management processes should span every stage of dealing with clients or customers, starting from assessing the risk to the business, negotiating terms and conditions, invoicing efficiently, and culminating in credit control and debt collection.
Each of these vital functions will be addressed and discussed in detail through separate fact sheets. Debt collection, defined as the process and practice of pursuing payments of debts owed by individuals or businesses, will also be explored.
Throughout the course, participants will delve into fundamental topics related to credit management, including credit policy formulation, credit risk assessment, credit granting decisions, and credit monitoring. Emphasis is placed on understanding the importance of establishing clear credit policies and procedures to mitigate credit risk and ensure the financial stability of the organization.
Upcoming start dates
Why choose Global Business Advisors
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.
Expenses
The course fee begins at $4,250 and varies by classroom location. For specific pricing, please contact the provider.
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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...