Fundamentals of Credit Control

Credit control is the process of managing a company's credit policies and procedures to ensure that customers pay their debts on time. It entails evaluating, controlling and maximising credit risks while assuring prompt client payments. This course teaches the fundamental principles and essential strategies for effective credit management. We demonstrate how to identify common risks associated with the lending process and the necessary tools to reduce those risks.

Understanding the debt recovery process is essential to reduce financial risk and maintain healthy cash flows. We will explain the debt recovery process and provide effective debt-collecting techniques that strictly adhere to the legal debt recovery procedures. Financial statement analysis is a crucial tool for assessing a company's financial health and performance. You'll learn various techniques and tools for evaluating and enhancing credit control management, including professional communication and credit control software.

We designed this course for financial professionals, credit managers and anyone managing credit risks and debt collections. Prerequisite knowledge and expertise are optional to take this course. The skills acquired in this course are transferrable across industries. Whether in finance, sales, or operations, the ability to understand and manage credit is universally valuable in professional and personal life. Don't let unpaid debts hold you back any longer. Take charge of your financial destiny and enrol now.