Even a very small business can decide to grant credit to its customers. Larger SMB's grant credit to customers as a way of doing business. About 1/6 of all the assets of U.S. industrial firms are in the form of accounts receivable so granting credit is a major investment in the U.S. today. Granting credit is actually the practice of making an investment in your customers. First, you have to decide what customers are worthy of that investment.
Who should take this course
Accounts Receivable (AR) department managers, credit managers, AR staff, AR and revenue accountants, credit officers, billing and collection clerks, AR specialists, and professionals in accounting, finance, operations and sales who interact with Accounts Receivable and Credit Department.
By the end of the program, participants will be able to:
- Develop effective credit policies that meet company's objectives.
- Use financial and non financial analysis to assist in making the credit decision.
- Define the function of Accounts Receivable (AR) and its role in organizations.
- Maintain effective collection policy to ensure converting gifts into cash.
- Evaluate the Accounts Receivable process and implement best practices.
- Apply tools and techniques to effectively monitor AR performance.
About Course Provider
Global economics proves to us on a daily basis the organisational need for ‘fore-most’ and ‘leading’ talent in order to succeed in increasingly complex and competitive global markets. In order to achieve the ‘best’ possible result for organizations, developing the right talent is as much a necessity as hiring and retaining employees.
Who are we?
ZOE Talent Solutions is a global training and consulting firm that has been serving leading businesses in many countries. We specialise in capacity building and talent development solutions for individuals and organisations, through our highly customised courses and training sessions, in a wide array of disciplines.
What do we do?
ZOE assists organisations in identifying their most important goals, and guides management teams by working closely with each member, in making lasting improvements to their performance. This process thus promises a definite increase in revenue and savings and a higher Return On Investment (ROI). Over nearly a decade, our team has built a globally recommendable enterprise uniquely equipped skills including and not limited to coaching, facilitation , counselling and strategising.
How to enroll?
Provide us with your contact details, course provider will get back to you.