Introduction:
This training course provides delegates with the skills necessary to maximize their organization’s cash collection effort. Improve the management of your receivables with a more careful selection of clients and faster collections.
Course Objectives:
By the end of the course, participants will be able to:
- Assess collection risk
- Make the most of the developments in Revenue Collections technology
- Maximize Collector effectiveness
- Develop customer-sensitive collection strategies
- Create action oriented KPI’s (Key Performance Indicators)
- Reposition the credit function within their organization to create profit
- Develop and manage the collections or credit control department
- Identify the most appropriate role for each collections team member in order to create an efficient collections team
- Redefine the internal image of collections and improve its importance in relation to the rest of the business
- Drive the credit control department to achieve a change-adaptable team