Bad debt, the opposite of profit, unfortunately, is a part of doing business, but not something that cannot be managed and control to a minimum thus ensure the company stays on the right track of profitability. If you are experiencing collection and debt recovery problems, you need to seek for help.
This workshop is tailored to challenge linear thinking that make the lessons practical and lasting. It is an intense workshop, yet enjoyable and very practical. Knowing exactly what and how to tackle debt collection issues effectively and efficiently. It is designed to develop the skills and knowledge of business managers in managing credit portfolios and ascertaining acceptable credit risk, by introducing basic analytical techniques and tools and essential credit risk analysis methodology.
WHAT YOU WILL GET FROM THIS COURSE
????Understand in-depth the real reasons why debtors cannot pay
????Appreciate the importance of credit policy in defining the objectives, function and responsibilities of credit department to achieve maximum profitability from trading
????Realise the need of credit assessment due to selective risk-taking in the interests of increasing overall profitability
????Understand the collection process and its prerequisites for a successful business
????Select the appropriate collection strategies to improve cash flow and minimize bad debt losses
????Develop and formulate effective debt collection policy framework for organisations
????Instructor led discussions, followed by scenario analysis
????Interactive input & presentation with self-reflection exercises.
????Discussions, Q&A (Question and Answer)
WHO SHOULD ATTEND
Sales & Marketing Executives
Business Owners and Operations managers
Customer service and Relationship managers
Accountants & Admin.
Executives to Senior Managers
Marketing Professionals in-charge of collection
But due to the Clients Loyalty Reward.
for early birds who will register before 27th of December, 2018
...business diagnostics and fixing services