Accounts Receivable and Credit Policies Management

Programmes Manager — Thu, 28 Mar 2019 18:28:27 +0000

Why Attend

A sizable share of a company’s working capital is tied up in Accounts Receivable (AR) and this poses a high liquidity risk. In this course, we expand your knowledge and expertise in AR. This will enable you and your organization to manage your accounts receivable effectively without compromising your credit sales.

Course Methodology

This course demonstrates theoretical and practical core topics in addition to introducing Excel in managing accounts receivable. The course also features role playing and presentations by participants.

Course Objectives

By the end of the course, participants will be able to:

Develop effective credit policies that meet a company’s objectives
Use billing best practices techniques
Employ effective collection policies
Partner with the sales force for the benefit of the company
Evaluate the accounts receivable process and implement best practices
Apply tools and techniques to effectively monitor AR performance

Target Audience

Accounts receivable 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 the accounts receivable and credit department.

Target Competencies

Managing accounts receivable effectively
Understanding the implications of credit decision and policy
Performing accounts receivable analysis
Analyzing different collection techniques

Adopting efficient billing techniques
Preparing accounts receivable aging report
Monetizing accounts receivable
Utilizing Excel functions