Course Detail()

7.00 CPE Hours (Others)
Classroom

Programme Objective

The effects of the Financial Meltdown in 2008, the Global Recessions in 2009, the Natural Calamities of 2010 and the Debt Crisis of 2011 had badly shaken up many companies. No business has been spared, from the backyard manufacturer to mega corporation, very one has been affected, some more seriously than others. 

These turbulent business environments have exposed the assets of many companies to greater risks.

Should the “norm” in extending credit be maintained? Are they signs of credit of deterioration? What to do with problematic accounts?

The trust of the seminar is Credit Monitoring and Debt Recovery during times of uncertainty. And the objective is simple - at the end of it participants should be able look into areas of focus in managing trade receivables.

Programme Outline

  • Managing business in a turbulent period
  • Assessing your credit risks - areas to focus
  • Monitoring your trade receivables - Now a very important task! if you cannot detect, you cannot correct!
  • The many ways in detecting “red flags” of your clients business
  • Using financial statements to uncover the creditworthiness of your customers
  • Determine the causes of the problems, not symptoms!
  • Investigating and classifying problem/past due accounts
  • Collection – be concerted, penetrative and effective
  • To sue or not to? - Legal recovery options - writ of seizure and sales, bankruptcy etc…

Training Methodology

Lectures, discussions, exercises and real life case studies will extensively be used

Closing Date for Registration

1 week before programme or until full enrolment.

Intended For

A Foundation level programme suitable for Credit practitioners, particularly persons involved in sales and collection for Corporate and SMEs clients

Schedule & Fees

Testimonial

Funding

No funding Available!

Programme Facilitator(s)

Programme Objective

The effects of the Financial Meltdown in 2008, the Global Recessions in 2009, the Natural Calamities of 2010 and the Debt Crisis of 2011 had badly shaken up many companies. No business has been spared, from the backyard manufacturer to mega corporation, very one has been affected, some more seriously than others. 

These turbulent business environments have exposed the assets of many companies to greater risks.

Should the “norm” in extending credit be maintained? Are they signs of credit of deterioration? What to do with problematic accounts?

The trust of the seminar is Credit Monitoring and Debt Recovery during times of uncertainty. And the objective is simple - at the end of it participants should be able look into areas of focus in managing trade receivables.

Programme Outline

  • Managing business in a turbulent period
  • Assessing your credit risks - areas to focus
  • Monitoring your trade receivables - Now a very important task! if you cannot detect, you cannot correct!
  • The many ways in detecting “red flags” of your clients business
  • Using financial statements to uncover the creditworthiness of your customers
  • Determine the causes of the problems, not symptoms!
  • Investigating and classifying problem/past due accounts
  • Collection – be concerted, penetrative and effective
  • To sue or not to? - Legal recovery options - writ of seizure and sales, bankruptcy etc…

Training Methodology

Lectures, discussions, exercises and real life case studies will extensively be used

Closing Date for Registration

1 week before programme or until full enrolment.

Intended For

A Foundation level programme suitable for Credit practitioners, particularly persons involved in sales and collection for Corporate and SMEs clients

Programme Facilitator(s)


No course instances or course instance sessions available.