📘 Credit Management and Debt Collection Course
📖 Course Description This course provides comprehensive training on effective credit management, risk assessment, collection techniques, and cash flow optimization. It is designed to equip professionals with practical tools and strategies for managing customer credit, reducing bad debts, and improving …
Overview
📖 Course Description
This course provides comprehensive training on effective credit management, risk assessment, collection techniques, and cash flow optimization. It is designed to equip professionals with practical tools and strategies for managing customer credit, reducing bad debts, and improving collections. The course focuses on balancing business growth with sound financial control, using real-world examples and interactive exercises.
🎯 Learning Objectives
By the end of this course, participants will be able to:
✅ Understand the principles and importance of credit management
✅ Apply effective credit policies and risk assessment tools
✅ Monitor credit performance and customer behavior
✅ Implement successful debt collection strategies
✅ Manage difficult accounts and reduce delinquency rates
✅ Improve communication and negotiation with debtors
✅ Comply with legal and regulatory frameworks in debt collection
👥 Who Should Attend
-
Credit controllers and analysts
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Accounts receivable professionals
-
Finance and treasury staff
-
Sales and commercial managers
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Business owners and entrepreneurs
-
Legal and compliance officers
-
Customer relationship managers
🗂️ Training Format
✅ Expert-led lectures
✅ Hands-on case studies
✅ Role-plays and negotiation simulations
✅ Team exercises and group discussions
✅ Interactive Q&A and feedback sessions
✅ Practical templates and tools
🕘 5-Day Agenda with Time Breaks
📅 Day 1: Fundamentals of Credit Management
| Time | Topic |
|---|---|
| 08:30 – 09:00 | Registration & Introduction |
| 09:00 – 10:30 | Overview of Credit Management Principles |
| 10:30 – 10:45 | ☕ Coffee Break |
| 10:45 – 12:15 | Role of Credit in Business and Financial Strategy |
| 12:15 – 13:15 | 🍽 Lunch |
| 13:15 – 14:45 | Establishing Credit Policies and Procedures |
| 14:45 – 15:00 | ☕ Coffee Break |
| 15:00 – 16:30 | Credit Scoring, Ratings, and Creditworthiness Assessment |
📅 Day 2: Credit Risk Assessment and Monitoring
| Time | Topic |
|---|---|
| 08:30 – 10:00 | Tools for Credit Risk Assessment (Financial Ratios, Payment History) |
| 10:00 – 10:15 | ☕ Coffee Break |
| 10:15 – 12:15 | Setting Credit Limits and Terms |
| 12:15 – 13:15 | 🍽 Lunch |
| 13:15 – 14:45 | Early Warning Signs of Credit Risk |
| 14:45 – 15:00 | ☕ Coffee Break |
| 15:00 – 16:30 | Customer Segmentation and Portfolio Analysis |
📅 Day 3: Collection Techniques and Debt Recovery Strategies
| Time | Topic |
|---|---|
| 08:30 – 10:00 | Principles of Effective Collections |
| 10:00 – 10:15 | ☕ Coffee Break |
| 10:15 – 12:15 | Soft and Hard Collection Approaches |
| 12:15 – 13:15 | 🍽 Lunch |
| 13:15 – 14:45 | Telephone, Email, and Written Collection Techniques |
| 14:45 – 15:00 | ☕ Coffee Break |
| 15:00 – 16:30 | Handling Difficult Debtors and Dispute Resolution |
📅 Day 4: Legal Framework and Collections Negotiation
| Time | Topic |
|---|---|
| 08:30 – 10:00 | Legal Aspects of Debt Collection and Enforcement |
| 10:00 – 10:15 | ☕ Coffee Break |
| 10:15 – 12:15 | Working with Lawyers and Collection Agencies |
| 12:15 – 13:15 | 🍽 Lunch |
| 13:15 – 14:45 | Negotiation Skills for Collections |
| 14:45 – 15:00 | ☕ Coffee Break |
| 15:00 – 16:30 | Role Play: Simulated Debt Negotiation Sessions |
📅 Day 5: Performance Management and Strategy Implementation
| Time | Topic |
|---|---|
| 08:30 – 10:00 | KPIs for Credit and Collection Performance |
| 10:00 – 10:15 | ☕ Coffee Break |
| 10:15 – 12:15 | Designing a Credit Control Dashboard |
| 12:15 – 13:15 | 🍽 Lunch |
| 13:15 – 14:45 | Aligning Credit Strategy with Sales and Business Objectives |
| 14:45 – 15:00 | ☕ Coffee Break |
| 15:00 – 16:30 | Final Case Study + Course Review & Certificate Ceremony |
📦 Course Materials Provided
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Credit policy templates
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Debt collection scripts and letter samples
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Credit scoring models
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Financial ratio calculators
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Legal reference guides
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Certificate of Completion
Target audiences
- Reservoir Engineers, Geologists
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