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Credit Management - What You Need to Know Course

  • Duration:1 Day
  • Cost:£447 + VAT
  • Ref:CIMA32

Cost £447.00 Duration 1 day Code CIMA32

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Who is it for

  • Staff involved in credit control and credit management at all levels
  • Staff about to take on more responsibility for credit management
  • Staff newly appointed to these areas
  • Anyone in business wanting to improve their cash flow and reduce bad debts

What is it about

Learn about good basic credit management practices, bad debt warning signs, what to look for when examining company accounts, and how to set a credit limit.

Speaker Details

Paul W Thompson MBA, MIMgt, MICM, DMS, Teach Cert, Experto Credite, Credit Management and Training Consultants: one of the UK's leading presenters on credit management and telephone collection techniques, on which he has run over 400 courses. Over 16 years' managerial experience with blue chip companies. Now Senior Partner in Experto Credite, one of the UK's leading corporate debt recovery agencies.


Course Overview

9.00 Registration and coffee

9.30 Start of course

  • Definition of credit control
  • Summarising good, basic credit control practices
  • Planning before the call
  • Reaching the right person
  • Analysing different trader types and the laws appertaining to them
  • Memorandum and articles of association
  • Indicators that trigger legal redress
  • Obtaining a judgement
  • Notification of insolvency
  • Reservation of title
  • The collection process

4.45 Close of course

Morning coffee, a light lunch and afternoon tea will be provided. Numbers are limited on this workshop to ensure that all participants benefit.

THIS COURSE IS RUN BY CIMA MASTERCOURSES


What will I get out of it?

  • Affirmation of good credit control practices, including telephone collection techniques
  • Appreciation of skills required to work closely with the sales department
  • Understanding of the different customer trading types and the laws relating to them
  • Ability to select credit reference agencies and interpret the information they supply
  • Awareness of how to interpret company accounts with regard to credit management
  • Knowledge of the laws governing litigation on unpaid debt
  • 6 CPD hours (for non CIMA members)

Accredited by

CIMA Mastercourses for CPD purposes

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