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 |
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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