CREDIT CONTROL AND DEBT MANAGEMENT

PROGRAMME OVERVIEW

A 2-Day Training course designed for the participants to gain an understanding of principles and practice of controlling credit and managing debt in commercial organizations. Participant will learn how to use some of the best methods and techniques when communicating with debtors

WHO SHOULD ATTEND?

Debt and Credit Controllers, Debt Collection Managers, Finance, Account & Admin Executives, Employers, Senior Managers, Credit Assistant, Supervisor’s and Executive Managers, Financial Agents, Corporate Organizations, Executives to Senior Managers, Credit Bureau Organization, Professionals within the work Environment.

LEARNING OBJECTIVES

Upon successful completion, the participant will be able to:
■ Understand tools used to manage account receivables, cash and working capital.
■ Strategy to reduce customer’s current debt and decision making on an outstanding Invoice.
■ Debtors Ledger Questionnaires to access office procedures and Identify gaps in the system.
■ Manage company’s risks and minimize Bad debt.
■ Understand Debtors and how to communicate with them effectively.
■ Reduce Credit risk and return on Investment
■ Practical and engaging collection and negotiation scenarios

COURSE OUTLINE

■ Definition of Credit Control and its Importance.
■ Credit Control – Terms and condition of sales, Interest, Invoices and Aged debt analysis and debt return
■ Current Debt Management tools and their techniques
■ Non-performing Loans and Mitigatants.
■ Financial factors affecting Credit Decisions
■ The 6 C’s of Credit
■ Liquidity, profitability and Activity Ratio
■ Various types of Tax available, how to claim relief and Tax relief.

METHODOLOGY

■ Instructor-led Class Sessions
■ Presentation Slides & Videos Group Discussions, Exercises and role plays.
■ Simulations exercises
■ Case studies and Problem-Solving Exercises
■ Individual assignments
■ Practical Sessions, Group Discussions, Exercise and role plays


COURSE DETAILS

■ When: September 15-16, 2022.
■ Where: Virtual Class (Zoom) and Physical Class (Ilupeju-Lagos)
■ Programme Commences 10am- 3pm each day.
■ Course Fee: N80,000. Early Bird: 5% Discount. 5-10 Participants (5% discount). 11 or more participants. (10% discount). This covers Course materials and Certificate of attendance.