Credit Management

(31 reviews)

by Carol Baker

Businesses exist to make profits but, despite this, many businesses leak cash through poor credit management. This course looks at the benefits of a solid credit management department, and how you can maintain a robust system that keeps your organisation profitable and resilient.

price £75+vat
cpd hours 4 CPD hours
access 120 days' access

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This course will enable you to

  • Create a resilient credit policy.
  • Improve the cashflow of your organisation.
  • Analyse credit data for effective decision-making.
  • Prevent fraud in the credit management department.

About the course

Businesses exist to make profits. Despite this simple fact, every year businesses lose millions because they don’t pay enough attention to credit management. A lack of understanding of the risks involved means that businesses are unable to react quickly enough to changes, and some businesses no longer exist precisely because they neglected the basic rules of controlling credit and risk!

This course helps you enhance your knowledge and understanding of credit management and its impact on strategy. It looks at the benefits of a solid credit management department, and how you can maintain a robust system that keeps your organisation profitable and resilient. Whether you are in business or practice, this course will outline how important your role is in guiding survival, resilience, and growth.

Look inside

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Contents

  • Creating credit policy
    • Customers and credit
    • The role of the accountant
    • Factors influencing credit policy
    • Communication
    • The sales and credit relationship
  • Improving cash flow
    • Influencing payment habits
    • Dealing with excuses
    • Retention of title clauses
    • Warning signs
    • Assessing creditworthiness
    • Business growth
    • Debt purchasing
  • Powering credit analytics
    • Credit intelligence
    • Credit control software
    • Credit limits
    • Scoring
    • Credit rating agencies
  • International trade
    • Agencies in international trade
    • Managing export credit
    • Dealing overseas
    • Foreign exchange
  • Preventing fraud
    • The customer journey
    • Spotting credit fraud
    • Fighting fraud
    • Identifying fraud
  • Ethics
    • Influencing management
    • Encouraging ethical payment practices
    • Building ethics
    • Developing a new skillset

How it works

Author

Carol Baker

Carol Baker is Editor-in-Chief at Credit Control Journal and Asset & Risk Review, IT for CEOs & CFOs, and Property Finance & Lifestyle. Carol has been a journalist for a number of years including for ICAEW, the Financial Times, and the Guardian and often works alongside others to uncover corporate financial frauds.

Reviews

4.3
(31 reviews)
5
4
3
2
1
 
 
 
 
    TC
    Teresa C
    20 Dec 2024
    20 Dec 2024
    It provides basic knowledge and informs you of what is expected of you as an accountant
    TV
    Tina V
    09 Nov 2024
    09 Nov 2024
    Well presented & comprehensive whilst being succint.
    AK
    A K
    13 Sep 2024
    13 Sep 2024
    The course could offer more practical guidance for an effective credit management.
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Access to this course
Total CPD unitshourshours4 unitshourshours21 units20 hours21 hours800+ unitshourshours800+ unitshourshours
Access period120 days120 days12 months12+ months
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Exclusive news and CPD every week plus monthly webinars, all year round
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