Credit Management

by Carol Baker

Businesses exist to make profits but, despite this, many businesses leak cash through poor credit management. This course looks at the benefits of a solid credit management department, and how you can maintain a robust system that keeps your organisation profitable and resilient.

price £75+vat
cpd hours 4 CPD hours
access 120 days' access

This course will enable you to

  • Create a resilient credit policy.
  • Improve the cashflow of your organisation.
  • Analyse credit data for effective decision-making.
  • Prevent fraud in the credit management department.

About the course

Businesses exist to make profits. Despite this simple fact, every year businesses lose millions because they donít pay enough attention to credit management. A lack of understanding of the risks involved means that businesses are unable to react quickly enough to changes, and some businesses no longer exist precisely because they neglected the basic rules of controlling credit and risk!

This course helps you enhance your knowledge and understanding of credit management and its impact on strategy. It looks at the benefits of a solid credit management department, and how you can maintain a robust system that keeps your organisation profitable and resilient. Whether you are in business or practice, this course will outline how important your role is in guiding survival, resilience, and growth.

Look inside

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Contents

  • Creating credit policy
    • Customers and credit
    • The role of the accountant
    • Factors influencing credit policy
    • Communication
    • The sales and credit relationship
  • Improving cash flow
    • Influencing payment habits
    • Dealing with excuses
    • Retention of title clauses
    • Warning signs
    • Assessing creditworthiness
    • Business growth
    • Debt purchasing
  • Powering credit analytics
    • Credit intelligence
    • Credit control software
    • Credit limits
    • Scoring
    • Credit rating agencies
  • International trade
    • Agencies in international trade
    • Managing export credit
    • Dealing overseas
    • Foreign exchange
  • Preventing fraud
    • The customer journey
    • Spotting credit fraud
    • Fighting fraud
    • Identifying fraud
  • Ethics
    • Influencing management
    • Encouraging ethical payment practices
    • Building ethics
    • Developing a new skillset

How it works

Author

Carol Baker

Carol Baker is Editor-in-Chief at Credit Control Journal and Asset & Risk Review, IT for CEOs & CFOs, and Property Finance & lifestyle. Carol has been a journalist for a number of years including for ICAEW, the Financial Times, and the Guardian and often works alongside others to uncover corporate financial frauds.

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Team

Keep your whole team up to date.

Access to this course
Total CPD unitshourshours4 unitshourshours21 units20 hours21 hours800+ unitshourshours800+ unitshourshours
Access period120 days120 days12 months12+ months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your teamís needs
Learn moreLearn moreLearn more
Recommended

Why not upgrade?

Find the best way to complete your CPD

Licence

All you need for this year and more.

Access to this course
Total CPD unitshourshours800+ unitshourshours
Access period12 months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Why not upgrade?

Find the best way to complete your CPD

Course

Need just a few unitshourshours?

Access to this course
Total CPD unitshourshours4 unitshourshours
Access period120 days
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs

Why not upgrade?

Find the best way to complete your CPD

Pick n Mix

All you need for this year's CPD.

Access to this course
Total CPD unitshourshours21 units20 hours21 hours
Access period120 days
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Why not upgrade?

Find the best way to complete your CPD

Team

Keep your whole team up to date.

Access to this course
Total CPD unitshourshours800+ unitshourshours
Access period12+ months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Why not upgrade?

Find the best way to complete your CPD

Licence

Recommended

All you need for this year and more.

Access to this course
Total CPD unitshourshours800+ unitshourshours
Access period12 months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Course

Need just a few unitshourshours?

Access to this course
Total CPD unitshourshours4 unitshourshours
Access period120 days
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs

Pick n Mix

All you need for this year's CPD.

Access to this course
Total CPD unitshourshours21 units20 hours21 hours
Access period120 days
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Team

Keep your whole team up to date.

Access to this course
Total CPD unitshourshours800+ unitshourshours
Access period12+ months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

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