Bad debt is an unfortunate reality of doing business, but it can be managed and controlled to minimize its impact on profitability. A solid understanding of credit assessment policies and control mechanisms, including credit evaluation and credit limit review.
Bad debt is an unfortunate reality of doing business, but it can be managed and controlled to minimize its impact on profitability. A solid understanding of credit assessment policies and control mechanisms, including credit evaluation and credit limit review, can help your company manage risks and reduce bad debt.
While debt collection may seem difficult or uninteresting to some, it can be a professionally challenging and exciting career with the right understanding of credit recovery policies and the use of appropriate tools, strategies, and techniques.
In this workshop, we’ll cover the two essential components that outline how to handle the roles, functions, and responsibilities related to debt collection in a professional manner, even under pressure.
This training program also addresses issues related to operational financial aspects and capital budgeting, helping your company stay on track to achieve its goals.
Course Objectives:
Corporate Frontier Services is a private training company that started operation in 2006 and has grown on its reputation for cost-effective quality training and certification. We are now an established nationwide company that still offers the same reliable, comprehensive service to over 200 clients.
We compete in an unforgiving global market that continuously changes to survive and succeed, we must improve upon our internal & external business processes.
At Corporate Frontier Services, we deliver diverse and affordable professional education, consultation, and training programs.
Objective:
To provide Business Intelligence to anyone, anywhere at the most efficient means. We are a lean team that consists of professional individuals with various industry experiences; this is part of our strategy to ensure that our all our programs will stay competitive and affordable to organizations cross industries and sizes.
Every Program Designed:
Our production team will be embedded with the latest findings, trends, techniques and tips to help attendees become more competitive and ahead in performing their job. Our trainers or speakers will be of optimum quality in experience and delivery.
Credit Control & Debt Collection training is offered by Global Team Academy. Global Team Academy has developed its own unique brand of innovative training programs that are unparalleled to none.
Many companies relegate the approval of credit and collection of debt to staff with no prior experience or knowledge relating to this function. This will increase the risk of the company in terms of bad debts and increase the amount of losses to be written off.
As business gets competitive, suppliers of goods and services are often forced to compete on more relaxed credit terms. This raises the risk of bad debts and a potential cash flow crisis.
Credit Risk Management & Debt Recovery training is offered by Training Minds Sdn Bhd. Training Minds Sdn Bhd is a fast growing private limited company based in Malaysia, with a focus on providing training and development services to individuals and organizations.
Credit & Corporate Banking training is offered by iLearnic. iLearnic understands your training challenges and has solutions to match your specific needs, We analyse industry needs and spearhead innovative ideas with the same level of quality, energy and drive for success.
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