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 managing credit risks while ensuring prompt client payment. This business administration course teaches you the fundamental principles and essential strategies for effective credit management. We demonstrate how to identify common risks associated with the lending process and provide the tools required to reduce those risks.

Understanding the debt recovery process is essential to reduce financial risk and maintain healthy cash flows. We go through the debt recovery process and provide effective debt-collecting techniques that adhere strictly to legal debt recovery procedures. Financial statement analysis is a crucial tool for assessing a company's financial health and performance. The course examines various techniques and tools used to evaluate and enhance 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 transferable across industries. Whether you work in finance, sales or operations, the ability to understand and manage credit is universally valuable in one’s professional and personal life. Don't let unpaid debts hold your business back any longer. Enrol now to acquire the credit management skills you need to take control of your company’s finances and drive business growth.