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.
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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 covers the key areas related to credit collection such as risks, obligations, rights of the party, documentation and more.
his training course will empower you with complete knowledge and information about debt collection,
The aim of this course is to provide participants with practical sessions and tools to manage their accounts receivable and improve their cash and working capital.
The overall goal of this course is to enhance the analytic skills needed in the assessment of corporate borrowers or counterparties
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