This Credit Control course is designed to teach learners how to effectively offer credit and chase overdue payments.
This Credit Control course is designed to teach learners how to effectively offer credit and chase overdue payments. while putting in place policies that may reduce the payment period.
It covers the types of techniques you should use to chase debts in-house, what percentage of interest and chase costs you can apply, and what third party or legal processes you may need to follow when you cannot reclaim payment yourself. With this knowledge, you’ll be able to offer credit to customers with as low a risk as possible and reclaim it efficiently.
Course Objectives
By the end of this course, learners will:
Understand why controlling credit is important and what skills they need to be a good credit controller.
Know how to offer credit to customers in a low risk way, i.e. by using credit application forms and carrying out credit c checks.
Recognise their right to charge interest and other costs under the Late Payment of Commercial Debts (Interest) Act.
Learn techniques that enable them to effectively chase payment via phone calls and letters.
Know how to address common excuses for non-payment.
Understand how third parties (including debt collection agencies and solicitors) and the court can help chase payment.
Recognize what further steps they can take if the debtor will still not pay, including sending statutory demands.
Know what type of relief they can claim back if they are left with bad debts.
Brevity is a professional training and services provider with offices in Dubai and Sharjah. We exist since 2017 with the goal of alleviating problems faced by organizations, through our capacity-building programs, intensive coaching, and consulting services.
The mission of Brevity is to see that organizations can meet their day-to-day and long-term strategic plan objectives through consulting, coaching, and training on the skills required to adapt to the current workplace.
As a full-service platform, we work closely with a variety of law, corporate services, and private equity firms to assist individuals in setting up companies and operations in the UAE. We offer online exam preparation courses for ACCA, CMA, CPA, CIA, and IFRS.
Besides helping students and professionals pass their professional qualifications, we also help them excel in their professional careers. Training and equipping employees helps to improve and boost the employee's morals thereby increasing productivity.
As a training company, we offer
Being the leading accounting and tax management firm in Dubai and Sharjah & For businesses to excel with their business goals, we also introduced digital marketing exam preparation courses. In 2023, the UAE will introduce the corporate tax, which will impact SMEs especially.
Our VAT and Corporate Tax courses will help you prepare for the new tax. Customer satisfaction is our top priority. Please visit us at http://brevitycenter.com/ for our full list of services.
10
Credit management is the process of assessing the creditworthiness of potential customers and managing the collection of payments from customers who have already been extended credit.
This course will give you a comprehensive overview and insight into credit collection management. You will learn about effective credit policies, using both financial & non-financial analysis required for credit decision making, maintaining
This course begins with highlighting the key role played by cash in determining the success or failure of a business model. It defines and helps you understand the contact points of the cash cycle and business altogether.
This course details many different tools and techniques used to combat operational credit risks. participants will learn how the nature of the risk, credit and liquidity interacts with each other across a given market.
This is a comprehensive training to understand and learn about credit control essentials utilizable in UAE. It covers areas like documentation, risks, parties rights, obligations, collecting cash, avoiding customer disputes and reducing bad
© 2024 www.coursetakers.ae All Rights Reserved. Terms and Conditions of use | Privacy Policy