Managing the Cash Cycle - Accounts Receivable and Payable Best Practices Course

Manage your organization's cash cycle efficiently with best practices in accounts receivable and payable. BMC Training offers Managing the Cash Cycle - Accounts Receivable and Payable Best Practices Course in Finance , Accounting and Budgeting Courses.

  • English
  • 137 Training Sessions
  • Confirmed
  • Two Weeks
Managing the Cash Cycle -  Accounts Receivable and Payable Best Practices Training Course

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Type a city name or a month
Venue Start Date End Date Net Fees Details & Registration
Kuala Lumpur , Malaysia 26 - May - 2024 6 - Jun - 2024 9500 GBP
Rome , Italy 26 - May - 2024 6 - Jun - 2024 14600 GBP
Barcelona , Spain 26 - May - 2024 6 - Jun - 2024 13900 GBP
Zurich , Switzerland 26 - May - 2024 6 - Jun - 2024 15900 GBP
Kuala Lumpur , Malaysia 9 - Jun - 2024 20 - Jun - 2024 9500 GBP
Rome , Italy 9 - Jun - 2024 20 - Jun - 2024 14600 GBP
Barcelona , Spain 9 - Jun - 2024 20 - Jun - 2024 13900 GBP
Zurich , Switzerland 9 - Jun - 2024 20 - Jun - 2024 15900 GBP
London , UK 16 - Jun - 2024 27 - Jun - 2024 9900 GBP
Madrid , Spain 16 - Jun - 2024 27 - Jun - 2024 13900 GBP
Munich , Germany 16 - Jun - 2024 27 - Jun - 2024 15800 GBP
Berlin , Germany 16 - Jun - 2024 27 - Jun - 2024 15800 GBP
New York , United States 16 - Jun - 2024 27 - Jun - 2024 21800 GBP
Amsterdam , Netherlands 16 - Jun - 2024 27 - Jun - 2024 16200 GBP
Istanbul , Turkey 23 - Jun - 2024 4 - Jul - 2024 9400 GBP
Bali , Indonesia 23 - Jun - 2024 4 - Jul - 2024 16200 GBP
Singapore , Singapore 23 - Jun - 2024 4 - Jul - 2024 15000 GBP
Washington , United States 23 - Jun - 2024 4 - Jul - 2024 22000 GBP
Dubai , UAE 2 - Jun - 2024 13 - Jun - 2024 9737.5 GBP
Paris , France 2 - Jun - 2024 13 - Jun - 2024 13400 GBP
Hong Kong , Hong Kong 2 - Jun - 2024 13 - Jun - 2024 17000 GBP
Milan , Italy 16 - Jun - 2024 27 - Jun - 2024 13900 GBP
Tokyo , Japan 2 - Jun - 2024 13 - Jun - 2024 19500 GBP
Bali , Indonesia 7 - Jul - 2024 18 - Jul - 2024 16200 GBP
Singapore , Singapore 7 - Jul - 2024 18 - Jul - 2024 15000 GBP
Istanbul , Turkey 7 - Jul - 2024 18 - Jul - 2024 9400 GBP
Washington , United States 7 - Jul - 2024 18 - Jul - 2024 22000 GBP
Kuala Lumpur , Malaysia 14 - Jul - 2024 25 - Jul - 2024 9500 GBP
Rome , Italy 14 - Jul - 2024 25 - Jul - 2024 14600 GBP
Barcelona , Spain 14 - Jul - 2024 25 - Jul - 2024 13900 GBP
Zurich , Switzerland 14 - Jul - 2024 25 - Jul - 2024 15900 GBP
London , UK 21 - Jul - 2024 1 - Aug - 2024 9900 GBP
Madrid , Spain 21 - Jul - 2024 1 - Aug - 2024 13900 GBP
Munich , Germany 21 - Jul - 2024 1 - Aug - 2024 15800 GBP
Berlin , Germany 21 - Jul - 2024 1 - Aug - 2024 15800 GBP
New York , United States 21 - Jul - 2024 1 - Aug - 2024 21800 GBP
Amsterdam , Netherlands 21 - Jul - 2024 1 - Aug - 2024 16200 GBP
Kuala Lumpur , Malaysia 28 - Jul - 2024 8 - Aug - 2024 9500 GBP
Rome , Italy 28 - Jul - 2024 8 - Aug - 2024 14600 GBP
Barcelona , Spain 28 - Jul - 2024 8 - Aug - 2024 13900 GBP
Zurich , Switzerland 28 - Jul - 2024 8 - Aug - 2024 15900 GBP
Milan , Italy 21 - Jul - 2024 1 - Aug - 2024 13900 GBP
Kuala Lumpur , Malaysia 4 - Aug - 2024 15 - Aug - 2024 9500 GBP
Rome , Italy 4 - Aug - 2024 15 - Aug - 2024 14600 GBP
Barcelona , Spain 4 - Aug - 2024 15 - Aug - 2024 13900 GBP
Zurich , Switzerland 4 - Aug - 2024 15 - Aug - 2024 15900 GBP
London , UK 11 - Aug - 2024 22 - Aug - 2024 9900 GBP
Madrid , Spain 11 - Aug - 2024 22 - Aug - 2024 13900 GBP
Munich , Germany 11 - Aug - 2024 22 - Aug - 2024 15800 GBP
Berlin , Germany 11 - Aug - 2024 22 - Aug - 2024 15800 GBP
New York , United States 11 - Aug - 2024 22 - Aug - 2024 21800 GBP
Amsterdam , Netherlands 11 - Aug - 2024 22 - Aug - 2024 16200 GBP
Istanbul , Turkey 18 - Aug - 2024 29 - Aug - 2024 9400 GBP
Bali , Indonesia 18 - Aug - 2024 29 - Aug - 2024 16200 GBP
Singapore , Singapore 18 - Aug - 2024 29 - Aug - 2024 15000 GBP
Washington , United States 18 - Aug - 2024 29 - Aug - 2024 22000 GBP
Dubai , UAE 25 - Aug - 2024 5 - Sep - 2024 9737.5 GBP
Paris , France 25 - Aug - 2024 5 - Sep - 2024 13400 GBP
Hong Kong , Hong Kong 25 - Aug - 2024 5 - Sep - 2024 17000 GBP
Milan , Italy 11 - Aug - 2024 22 - Aug - 2024 13900 GBP
Tokyo , Japan 25 - Aug - 2024 5 - Sep - 2024 19500 GBP
Istanbul , Turkey 22 - Sep - 2024 3 - Oct - 2024 9400 GBP
Bali , Indonesia 22 - Sep - 2024 3 - Oct - 2024 16200 GBP
Singapore , Singapore 22 - Sep - 2024 3 - Oct - 2024 15000 GBP
Washington , United States 22 - Sep - 2024 3 - Oct - 2024 22000 GBP
Kuala Lumpur , Malaysia 1 - Sep - 2024 12 - Sep - 2024 9500 GBP
Rome , Italy 1 - Sep - 2024 12 - Sep - 2024 14600 GBP
Barcelona , Spain 1 - Sep - 2024 12 - Sep - 2024 13900 GBP
Zurich , Switzerland 1 - Sep - 2024 12 - Sep - 2024 15900 GBP
London , UK 8 - Sep - 2024 19 - Sep - 2024 9900 GBP
Madrid , Spain 8 - Sep - 2024 19 - Sep - 2024 13900 GBP
Munich , Germany 8 - Sep - 2024 19 - Sep - 2024 15800 GBP
Berlin , Germany 8 - Sep - 2024 19 - Sep - 2024 15800 GBP
New York , United States 8 - Sep - 2024 19 - Sep - 2024 21800 GBP
Amsterdam , Netherlands 8 - Sep - 2024 19 - Sep - 2024 16200 GBP
Kuala Lumpur , Malaysia 15 - Sep - 2024 26 - Sep - 2024 9500 GBP
Rome , Italy 15 - Sep - 2024 26 - Sep - 2024 14600 GBP
Barcelona , Spain 15 - Sep - 2024 26 - Sep - 2024 13900 GBP
Zurich , Switzerland 15 - Sep - 2024 26 - Sep - 2024 15900 GBP
Milan , Italy 8 - Sep - 2024 19 - Sep - 2024 13900 GBP
Kuala Lumpur , Malaysia 20 - Oct - 2024 31 - Oct - 2024 9500 GBP
Rome , Italy 20 - Oct - 2024 31 - Oct - 2024 14600 GBP
Barcelona , Spain 20 - Oct - 2024 31 - Oct - 2024 13900 GBP
Zurich , Switzerland 20 - Oct - 2024 31 - Oct - 2024 15900 GBP
London , UK 27 - Oct - 2024 7 - Nov - 2024 9900 GBP
Madrid , Spain 27 - Oct - 2024 7 - Nov - 2024 13900 GBP
Munich , Germany 27 - Oct - 2024 7 - Nov - 2024 15800 GBP
Berlin , Germany 27 - Oct - 2024 7 - Nov - 2024 15800 GBP
New York , United States 27 - Oct - 2024 7 - Nov - 2024 21800 GBP
Amsterdam , Netherlands 27 - Oct - 2024 7 - Nov - 2024 16200 GBP
Istanbul , Turkey 6 - Oct - 2024 17 - Oct - 2024 9400 GBP
Bali , Indonesia 6 - Oct - 2024 17 - Oct - 2024 16200 GBP
Singapore , Singapore 6 - Oct - 2024 17 - Oct - 2024 15000 GBP
Washington , United States 6 - Oct - 2024 17 - Oct - 2024 22000 GBP
Dubai , UAE 13 - Oct - 2024 24 - Oct - 2024 9737.5 GBP
Paris , France 13 - Oct - 2024 24 - Oct - 2024 13400 GBP
Hong Kong , Hong Kong 13 - Oct - 2024 24 - Oct - 2024 17000 GBP
Milan , Italy 27 - Oct - 2024 7 - Nov - 2024 13900 GBP
Tokyo , Japan 13 - Oct - 2024 24 - Oct - 2024 19500 GBP
Istanbul , Turkey 17 - Nov - 2024 28 - Nov - 2024 9400 GBP
Bali , Indonesia 17 - Nov - 2024 28 - Nov - 2024 16200 GBP
Singapore , Singapore 17 - Nov - 2024 28 - Nov - 2024 15000 GBP
Washington , United States 17 - Nov - 2024 28 - Nov - 2024 22000 GBP
Kuala Lumpur , Malaysia 24 - Nov - 2024 5 - Dec - 2024 9500 GBP
Rome , Italy 24 - Nov - 2024 5 - Dec - 2024 14600 GBP
Barcelona , Spain 24 - Nov - 2024 5 - Dec - 2024 13900 GBP
Zurich , Switzerland 24 - Nov - 2024 5 - Dec - 2024 15900 GBP
London , UK 3 - Nov - 2024 14 - Nov - 2024 9900 GBP
Madrid , Spain 3 - Nov - 2024 14 - Nov - 2024 13900 GBP
Munich , Germany 3 - Nov - 2024 14 - Nov - 2024 15800 GBP
Berlin , Germany 3 - Nov - 2024 14 - Nov - 2024 15800 GBP
New York , United States 3 - Nov - 2024 14 - Nov - 2024 21800 GBP
Amsterdam , Netherlands 3 - Nov - 2024 14 - Nov - 2024 16200 GBP
Kuala Lumpur , Malaysia 10 - Nov - 2024 21 - Nov - 2024 9500 GBP
Rome , Italy 10 - Nov - 2024 21 - Nov - 2024 14600 GBP
Barcelona , Spain 10 - Nov - 2024 21 - Nov - 2024 13900 GBP
Zurich , Switzerland 10 - Nov - 2024 21 - Nov - 2024 15900 GBP
Milan , Italy 3 - Nov - 2024 14 - Nov - 2024 13900 GBP
Kuala Lumpur , Malaysia 15 - Dec - 2024 26 - Dec - 2024 9500 GBP
Rome , Italy 15 - Dec - 2024 26 - Dec - 2024 14600 GBP
Barcelona , Spain 15 - Dec - 2024 26 - Dec - 2024 13900 GBP
Zurich , Switzerland 15 - Dec - 2024 26 - Dec - 2024 15900 GBP
London , UK 22 - Dec - 2024 2 - Jan - 2025 9900 GBP
Madrid , Spain 22 - Dec - 2024 2 - Jan - 2025 13900 GBP
Munich , Germany 22 - Dec - 2024 2 - Jan - 2025 15800 GBP
Berlin , Germany 22 - Dec - 2024 2 - Jan - 2025 15800 GBP
New York , United States 22 - Dec - 2024 2 - Jan - 2025 21800 GBP
Amsterdam , Netherlands 22 - Dec - 2024 2 - Jan - 2025 16200 GBP
Istanbul , Turkey 1 - Dec - 2024 12 - Dec - 2024 9400 GBP
Bali , Indonesia 1 - Dec - 2024 12 - Dec - 2024 16200 GBP
Singapore , Singapore 1 - Dec - 2024 12 - Dec - 2024 15000 GBP
Washington , United States 1 - Dec - 2024 12 - Dec - 2024 22000 GBP
Dubai , UAE 8 - Dec - 2024 19 - Dec - 2024 9737.5 GBP
Paris , France 8 - Dec - 2024 19 - Dec - 2024 13400 GBP
Hong Kong , Hong Kong 8 - Dec - 2024 19 - Dec - 2024 17000 GBP
Milan , Italy 22 - Dec - 2024 2 - Jan - 2025 13900 GBP
Tokyo , Japan 8 - Dec - 2024 19 - Dec - 2024 19500 GBP

Course Syllabus

Introduction

The importance of cash cycle coming from fact that moving cash generating profit , so as much as you improve the cash cycle , as much as get more profit. Accounts receivable and payables best practices playing main rule in improving cash cycle. 

By attending this training course, delegates will understand:

  • Financial position , Financial performance and cash flow statement
  • The deferent between Cash flow and net profit
  • What is IFRS and IAS historical and future?
  • Revenues recognition and accounts receivables best practices
  • Pricing methods ,  market types and product life cycle
  • Source of short term finance and capital structure.
  • Cash flow and working capital management using latest technology.
  • How to improve Cash cycle and operation cycle using best practices.
  • Accounts payable best practices, payment methods, using technology and communication.
  • How to improve Inventory and supply chain management using best practices.

Objectives

  • Enhance the understanding of accounting environment, kay financial statement and IFRS.
  •  Identify the accounts receivables best practices and improve credit terms management.
  • Identify inventory and supply chain management best practices.
  • Identify accounts payable management best practices.
  • Improve cash and working capital management skills using latest technology and best tools.
  • Enhance the understanding of the cash cycle and cash cycle management.

The Contents

Day One

Accounting Environment

  • Accounting as a source of information
  • Accounting terminology
  • Financial Positon and financial performance
  • Cash flow VS net Profit
  • Preparing , presenting and understanding  cash flow statement
  • IFRS and IAS Overview   

Day Two

Accounts Receivables Overview

  • Defining best practices in AR
  • Revenues recognition as per IAS 18 and IFRS 15
  • Accounts receivables Process .
  • Accounts receivables presentation and provision for doubtful debts.
  • Cost of credit
  • Credit terms of trading
  • Effective customers service and customer satisfaction

Day Three

 Pricing Decision ,Product Life Cycle And Market Types

  • General Pricing approaches
  • Product Life Cycle and Pricing Decisions
  • Market types
  • Price elasticity of Demand
  • Exchange rate risk
  • Credit risk management
  • Assisting the impact of a change in credit terms

Day Four

Short Term Source Of Finance And Capital Structure 

  • Factoring receivables
  • Trade credit
  • Short Term bank Loans
  • Secured Financing 
  • Other types of working capital finance
  • Capital structure management and limitations

Day Five

Cash Management 

  • The Importance of cash and cash flow
  • Optimal Cash balance
  • Speeding up cash collection (Collection tools and techniques )
  • Slowing Cash Payments 
  • EOQ applied to cash management
  • Forecasting future cash flow
  • Cash ratios analyses

Day Six

Working Capital Management

  •  Account receivables turnover
  • Inventory turnover 
  • Account Payables turnover 
  • Cash cycle and operating cycle
  • Marketable securities management
  • Working capital ratios

Day Seven

 Accounts Payables Overview

  • Account payables definition and presentation
  • Define best practices in AP
  • Moving beyond P2P
  • End to end AP Process
  • Handling invoices
  • Defining the issues in AP
  • Managing Risks

Day Eight  

Inventory And Supply Chain Management

  • Economic order quantity ( EOQ )
  • Just – in- Time (JIT) and Kanban inventory system
  • Distribution network system
  • Logistics excellence
  • Customer service management
  • Achieving organizational excellence in warehouse operation
  • Auto ID system 
  • Electronica data integration     

Day Nine  

 Technology

  • Accounts payable and receivables work flow
  • Master vendor file management
  • Electronic invoice  
  • Using the Internal for AP effectiveness
  • How to avoid duplicate payment
  • Reporting forms  

Day Ten  

 Payments and Communication

  • Letter of Credit ( LC )
  • Cash against documents 
  •  Cheque
  • Procurement cards
  • Payments status information to vendor
  •  Communication with internal customers 

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