Course details

This course provides participants with a core understanding of international and local Credit Management issues, delivered by experienced trainers and backed up by comprehensive course material.
It is aimed at Directors, Finance/Credit Managers and senior accounts staff of SME companies.

Objectives

  • Confidential credit assessment/ratings on sample debtors / prospects.
  • Design effective T & C’s and Credit Application forms for prompt payments.
  • Focus on improvement in Company Receipts and Cash Flows.
  • Appreciate the essential features of a legally binding contract.
  • Outline the main considerations in getting paid in a sales contract.
  • Understand the issues involved in pursuing slow payers and debtor recovery.
  • Understand the Legal Processes in the Collection of Debts.
  • Utilise the international banking payment methods to minimise credit risks.
  • Ensure Credit Management is seen as a positive influence in Customer Relations.

Course Benefit Assurance

Pre-course questionnaire will assist participants to focus on company issues and on their specific training needs. This course has been validated by ILM and accredited by IICM.

Course Outline

Doing Business in a Global Environment

  • Assessment
  • Collections
  • Terms and Conditions
  • Administration & Controls
  • Teamwork
  • Key Performance Indicators

Credit Control & Collections

  • Assessing the Financial Risks
  • Assessing Credit Terms
  • Terms and Conditions of  Sale
  • Credit application Form
  • Credit Limits
  • Accounts Receivables
  • Debtor aged analysis, days outstanding
  • The Currency Market and Exchange Rates
  • Debtor Management

Basics of Civil Litigation

  • Late Payments legislation.
  • Legal Proceedings
  • Making Decisions on Legal Action
  • Court Processes

Updated on 08 November, 2015

About Export-Edge Business College

Export Edge Training is a leading independent training and consultancy company in Ireland, providing training, consultancy and recruitment services to over a thousand clients since 1992.
Export Edge Professional Expertise
Austin has over 25 years senior level experience with major international companies, following graduation from University College Dublin and the Chartered Institute of Management Accountants.  He worked at a strategic level, covering the functions of Managing Director, Financial or Commercial Manager and Company Secretary within the sectors of training and consultancy, multinational computer sales and services, merchant banking and project management.
He has represented trade associations at the Revenue Commissioners Customs Consultative Committee for many years.
Austin has played a leading role in the development of the professional diploma ctheirse in Global Trade and e-Business on behalf of the Institute of International Trade in Ireland.  He has also developed short export excellence programmes (in association with the Irish Exporters Association) which has achieved certification from the Irish Training and Employment Authority.
Austin has directly initiated the development of many projects, which included the design and development of theyb based training (DC-PRO) with budget spend in the millions.
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