• Home
  • Training
    • Finance
      • Managerial Accounting
      • Financial Accounting
      • Tax Accounting
      • Treasury
      • Auditing
    • Human Resources
    • Supply Chain
    • Management
    • Marketing
    • Business Technology
      • Digital Transformation
      • Information Security
      • Cyber Security
      • Data-Science
    • Apply as a facilitator
    • Simflex Business Simulation
    • EC-Council
    • Development Centers
    • Business Intelligence
    Letters of Credit

    Letters of Credit

    3,000EGP
    Read More
    CIA | Certified Internal Auditor®

    CIA | Certified Internal Auditor®

    8,000EGP
    Read More
  • Events
  • Blog
  • About Us
  • Testimonials
  • Contact
High Performance AcademyHigh Performance Academy
  • Home
  • Training
    • Finance
      • Managerial Accounting
      • Financial Accounting
      • Tax Accounting
      • Treasury
      • Auditing
    • Human Resources
    • Supply Chain
    • Management
    • Marketing
    • Business Technology
      • Digital Transformation
      • Information Security
      • Cyber Security
      • Data-Science
    • Apply as a facilitator
    • Simflex Business Simulation
    • EC-Council
    • Development Centers
    • Business Intelligence
    Letters of Credit

    Letters of Credit

    3,000EGP
    Read More
    CIA | Certified Internal Auditor®

    CIA | Certified Internal Auditor®

    8,000EGP
    Read More
  • Events
  • Blog
  • About Us
  • Testimonials
  • Contact

Finance

  • Home
  • All courses
  • Finance
  • Credit Management

Credit Management

Virtual | On Class
Finance, Treasury
8,000EGP
Credit Management
  • Overview
Course Overview

Controllers and other financial executives with responsibility for credit, receivables, and collections need the best tools, strategies, benchmarks, and advice to set goals to improve the operations of this vital function. This program provides you with a core understanding of four basic areas critical to managing credit, AR and collections: best practices, benchmarks, automation, and outsourcing.

Course Outline

The need for credit management

  • What is it ?
  • Its objectives
  • Its relationship with Sales

Scope of CM

  • Setting Up of Customer Accounts
  • Credit Application
  • Terms and Limit Conditions
  • Daily order approval
  • Credit Administration
  • Aging Report
  • DSO Analysis Report

Credit Assessment

  • Evaluation of credit risk of customers
  • Credit Limit Review
  • Creating an effective
  • credit policy
  • Credit Risk Management
  • Credit Insurance

Understanding the Cost of Credit

  • Multiple effect of bad debt write-off affects your profit margin
  • The implication of Day Sales Outstanding (DSO)
  • The Credit Perspective

Improving Cash flow using credit management

  • The cash flow cycle
  • Accelerating cash inflows
  • Cash flow forecast

Best practices in Credit Management

What You Will Learn ?

By the end of this program, participants will be able to:

  • Understand the meaning and reasons for Credit Management
  • Appreciate the important of credit policy in defining the objectives, function and responsibilities of credit
  • department to achieve maximum profitability from
  • Realize the need of credit assessment due to selective risk-taking in the interests of increasing overall
  • Focus on improvement in Company Receipts and Cash
  • Establish a Collection Policy that not only ensure recovery of debts, but also provide follow up procedures in monitoring and collection of debts
Target Audience
  • Finance Managers
  • Credit Managers
  • Accountants & Admin. Executives & Managers

Course Features

  • Lectures 0
  • Quizzes 0
  • Duration 36 hours
  • Language ENG/AR
  • Students 0
  • Assessments Yes
  • Overview
8,000EGP
  • Share:

You May Like

Advanced Compensation & Benefits Read More
Virtual | On Class

Advanced Compensation & Benefits

0
Free
CMA Part1 Read More
Wordpress Admin

CMA Part1

0
6,500EGP
Letters of Credit Read More
Virtual | On Class

Letters of Credit

0
3,000EGP
PHRi™ / SPHRi™ (Preparation Program) Read More
Virtual | On Class

PHRi™ / SPHRi™ (Preparation Program)

0
7,000EGP
HR Data Analyst Read More
Virtual | On Class

HR Data Analyst

0
8,000EGP

Let's chat about details

It's pleasure to contact you

SiteLock
CONNECT US

 (+202) 26903875 – 24182790

 01050222191 – 01050222192

 info@hpa.com.eg

Our Location

 8 Mohamed Anies St. Kolyet El Banat, El Mergheny, Heliopolis, Cairo, Egypt

High Performance Academy © 2022
Powered by Technology Dome

Modal title

Message modal