Level 4 Diploma Course in Credit Management

5.0
1 review
  • Fantastic course with lots of information and tips for business life. Excellent value for money and i cannot recommend the trainer Steve Savva enough. Fantastic!
    |

Course

In Nottingham and London

£ 1,197 + VAT

Description

  • Duration

    5 Days

To make candidates fully aware of best practice credit management. with practical tips and techniques you can put into effective use immediately. Suitable for: Anyone who wants a thorough insight into all practical issues relating to Commercial Credit Management

Important information

Documents

  • Diploma Course in Credit management

Facilities

Location

Start date

London
See map
Ramada Hyde Park Hotel, Bayswater Road, W2 4RT

Start date

On request
Nottingham (Nottinghamshire)
The Old Surgery, NG12 3 BY

Start date

On request

About this course

Whether you are an experienced credit manager, a novice credit controller or a Finance Director overseeing the credit function; you are welcome to attend.

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Reviews

5.0
  • Fantastic course with lots of information and tips for business life. Excellent value for money and i cannot recommend the trainer Steve Savva enough. Fantastic!
    |
100%
5.0
excellent

Course rating

Recommended

Centre rating

Beccy Morgan

5.0
21/09/2010
What I would highlight: Fantastic course with lots of information and tips for business life. Excellent value for money and i cannot recommend the trainer Steve Savva enough. Fantastic!
Would you recommend this course?: Yes
*All reviews collected by Emagister & iAgora have been verified

Teachers and trainers (1)

Steve Savva

Steve Savva

Course Director

Steve has immense ability in ensuring participation by all delegates. this, combined with his ability to impart essential information in a most interesting, easily understood manner, enables delegates to return to their workplace highly motivated, full of confidence and vital knowledge, which can be put to good use to their company's benefit.

Course programme

Presented one day a week for five weeks covering all aspects of Commercial Credit Management:Understanding Credit Management:The cost of credit, The impact of bad debts, The importance of cash flow, Measuring performance, Setting targets, Cash planning, Being cost effective, Query management, Heading for clear goals, Communicating effectively, Developing a rapport with sales, Credit management health-check, Creating a winning environment . Can you maximise sales and minimise risk with your credit decisions? Do you consider whether you are one of many suppliers or one of the major suppliers to your customer when granting credit? Do you know how a business works and why businesses fail? Credit Scoring and Risk Assessment: The credit policy, Being commercially minded, Gathering the right information, Minimum requirements, Understanding information, Understanding company accounts, Working with a balance sheet, The profit and loss account, Being a credit professional not an accountant, Key ratios, Applying a score to ratios, Setting credit lines, Grading customers, Determining low, medium and high risk, On-going risk assessment, Making credit decisions on new businesses, Assessing different industries, Why and how businesses fail, Spotting warning signs, Managing credit risk. In the same way that sales people are in competition for orders, you are incompetition for cash. Can you influence customers to pay you sooner? Cash Collection by Phone and Letter: Rules to consider, Reaching the right person, Asking questions differently to others, Dealing with difficult situations, Overcoming excuses, Influencing customers to pay, Educating customers to your terms, Closing effectively, Making payment happen, Following up effectively, Improving collection letters, Keeping letters simple, Influencing the reader, Collection letters that work. Very often you can make the legal system work for you without taking legal proceedings. Do you issue proceedings or do you use solicitors? Legal Actions and Insolvency: Pre-action checks, Letter before action, Preparing your case, Completing the claim form, Debtors responses, Entering judgment, Enforcing judgment, Dealing with defended actions,The court tracking system, Statutory demands, Winding up petitions, Different types of insolvency. Are you aware of the basic differences between home trade and export credit? Export Overview: Considerations for export credit, Country and political risk, Understanding key documents, Letters of credit, Forward exchange

Additional information

Payment options: Credit/Debit Card (5% Discount) Invoice (Payment 14 days from invoice date)

Level 4 Diploma Course in Credit Management

£ 1,197 + VAT