London Training For Excellence A-Z of Credit Control London Training For Excellence
Price: EUR 4,703
Instructor led live virtual classroom online. Classes may be individual or in group.

    Course details

    Overview
    Maximise profitability and control risk in your organisation's credit management with A-Z of Credit Control. This 5-day course covers all essential aspects of credit control including contract understanding legal frameworks collection methods and communication with debtors.

    You will learn how to effectively handle the collections cycle choose the right collection methods and use the appropriate language while speaking to debtors including legal language for tougher situations. Sign up now and gain confidence in managing your credit control process.

    Objective
    By the end of the A-Z of Credit Control course, you will have acquired the following skills and knowledge:
    • Understanding of the significance of efficient credit management
    • Awareness of your ability to boost your organization's profitability and risk management
    • Knowledge of the fundamental elements of a contract
    • Understanding of the legal framework related to credit control
    • Mastery of the various components of the collections cycle
    • Ability to employ the best strategies to collect debts through a combination of methods
    • Improved communication skills when speaking to debtors over the phone
    • Understanding of when and how to adopt a tougher approach with debtorsincluding the use of legal language
    • Greater confidence in managing your ledger and debt collection
    • Enhanced ability to run your credit control process effectively.

    Who Should Attend
    This course is for individuals who are involved in the management of credit at their organisation. This includes credit managers, finance professionals, accountants, business owners, and other relevant professionals who are responsible for maintaining the financial health of their organisation by effectively managing its credit.

    The course is designed to provide a comprehensive understanding of credit control, with a focus on maximising profitability and controlling risk. If you're someone who wants to improve your knowledge and skills in this area, this course may be right for you.

    Course Outlines
    Day 1:
    • Introduction to credit management and its significance
    • Overview of the impact of credit management on profitability and risk control
    • Discussion on the fundamentals of a contract

    Day 2:
    • Overview of the legal framework relevant to credit control
    • Understanding the various aspects of the collections cycle
    • Introduction to techniques and methods for collecting cash

    Day 3:
    • Focus on effective communication with debtors over the phone
    • Discussion on when and how to get tough with debtors including the use of legal language
    • Practice session on telephone communication techniques

    Day 4:
    • Overview of the best strategies to collect debts through a combination of methods
    • Review of ledger management and debt collection techniques
    • Group discussion and practice on the use of strategies and techniques

    Day 5:
    • Review of the key concepts and skills learned throughout the course
    • Reflection on individual and organizational goals for credit control
    • Discussion on how to manage credit control processes effectively
    Updated on 08 August, 2024

    About London Training For Excellence

    Empowering Professionals for Over a Decade

    London Training for Excellence is a leading provider of professional development programmes, established in 2013. For over eleven years, we have been committed to equipping individuals and organisations with the skills and knowledge they need to excel in today's ever-evolving business landscape.

    A Breadth of Expertise

    We offer a comprehensive range of training solutions across a diverse set of industries, including:

    • Artificial Intelligence (AI): Stay ahead of the curve with cutting-edge training on AI applications, machine learning and data analysis.
    • Contact Management: Learn best practices for building and nurturing relationships, managing communication workflows and leveraging technology to optimise your outreach efforts.
    • Engineering: Enhance your technical expertise and stay current with the latest advancements in various engineering fields.
    • Finance and Legal: Gain a deep understanding of financial concepts, legal frameworks and compliance requirements.
    • Human Resources: Navigate the complexities of HR practices, from recruitment and onboarding to employee relations and performance management.
    • Leadership and Management: Develop your leadership skills, communication techniques and team-building strategies.
    • Logistics: Optimise your supply chain operations and ensure efficient delivery of goods and services.
    • Marketing and Sales: Develop effective marketing strategies, hone your sales skills and drive business growth.
    • Oil and Gas: Gain specialised knowledge and skills relevant to the oil and gas industry.
    • Project Management: Master the art of project planning, execution and delivery to ensure successful project outcomes.


    Our Approach

    At London Training for Excellence, we believe in delivering high-quality, interactive training programmes that cater to diverse learning styles. Our experienced instructors are industry experts who combine theoretical knowledge with practical application.

    Flexible Learning Solutions

    We understand that busy professionals require flexible learning options. We offer a variety of delivery methods to suit your needs, including:

    • In-person training: provides more significant face-to-face interaction. In a classroom setting, attendees can connect in real-time. In-person training also offers more opportunities for group activities and interactive projects.
    • Online Courses: Our comprehensive online courses allow you to learn comfortably in your working environment.
    • In-Company Training: Tailor training programmes specifically for your organisation's needs and deliver them on-site for maximum impact and employee convenience.


    Investing in Your Success

    By investing in training and development with London Training for Excellence, you will gain the knowledge and skills necessary to achieve your professional goals and contribute to the success of your organisation. 

    Contact Us Today

    Let London Training for Excellence help you unlock your full potential and drive positive organisational change. Contact us today to discuss your training needs and explore how we can empower your workforce for the future.

    See all London Training For Excellence courses

    Enquire about this course

    You may add more courses here,
    your list will be saved.

    Rate this page