Accounts Receivable and Credit Policies Management Training Course in London

BMC Training provides Accounts Receivable and Credit Policies Management Course in London.There are 8 sessions for the course Accounts Receivable and Credit Policies Management in London , UK.

Accounts Receivable and Credit Policies Management Training in London , UK

Course Address : Hilton London Paddington Hotel - Course Fees : 4950 GBP

City Start Date End Date View
London , UK 24 - 9 - 2023 28 - 9 - 2023
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London , UK 8 - 10 - 2023 12 - 10 - 2023
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London , UK 19 - 11 - 2023 23 - 11 - 2023
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London , UK 3 - 12 - 2023 7 - 12 - 2023
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London , UK 28 - 1 - 2024 1 - 2 - 2024
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London , UK 4 - 2 - 2024 8 - 2 - 2024
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London , UK 17 - 3 - 2024 21 - 3 - 2024
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London , UK 21 - 4 - 2024 25 - 4 - 2024
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The course outlines of Accounts Receivable and Credit Policies Management Training in London

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