/  Accounts Receivable and Credit Policies Management
All courses in Singapore have been cancelled .
BMC Training provides on 23 May 2021 Accounts Receivable and Credit Policies Management course [Finance , Accounting and Budgeting] in Singapore,Singapore

Objectives:

  • Define the function of Accounts Receivable (AR) and its role in organizations.
  • Run the Accounts Receivable process more efficiently.
  • Apply tools and techniques to effectively monitor AR performance.
  • Develop effective credit policies that meet company's objectives.

The Content:

Day One:

Credit Policies Management

  • Setting Credit Policies
  • Approving the Credit
  • Developing Credit Controls
  • The Need for Accounts Receivable
  • The Level of Accounts Receivable Companies Should Have

Day Two:

The Billing Process

  • Efficient Billing Process Means Faster Collection
  • Preventing the Fatal Mistake: Sending the Bill with Errors
  • The Use of Technology

Day Three:

You Made the Sale, It's time to Collect your Money

  • Cash: It's Worth your Efforts
  • Techniques for Faster Collection
  • Payment Processing Options

Day Four:

The Relationship Between Sales and Credit

  • Developing Good Working Relationships Between the Two Departments
  • Involving Sales in the Collection Effort

Day Five:

Accounts Receivable Process Analysis

  • Best Practices in Accounts Receivable (AR)
  • AR Process Improvement
  • Improving Quality of Accounts Receivable
  • Aging of Accounts Receivable and Bad Debts Reserves
  • Alternatives in Computing Bad Debt
  • Reducing Bad Debt Write-Offs
  • Calculating Accounts Receivable Turnover
  • Calculating Days Sales Outstanding (DSO)
  • Collection Effectiveness Index (CEI)
  • Analyzing the Operating and Cash Cycle



Related Training Courses

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Course Details
  • Code FBA142
  • TIME    08:00 AM - 11:15 AM
  • DATE    May 23 2021 - May 27 2021
  • Singapore , Ibis Singapore Novena
  • +44 2087206971
  • Support@bmc.net

Fees Per Person

7000 GBP + VAT
Other Dates

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