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Accounts Payable, Accounts Receivable and Debt Recovery Management Course

By: Timeline Global Link Consulting

Lagos State, Nigeria

01 - 05 Jul, 2024  5 days

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NGN 268,750

Venue: 3V Learning Centre. 5 Adefolu Avenue off Bamishile street, By Best Western Lagos Ikeja Hotel off Allen Avenue (New World Bus stop) Ikeja

When an organization decides to pay vendors and their employees late, Accounts Payable A/P can destroy critical vendor and labour relationships, costing the firm more than just money. Participants will be exposed to how A/P which is regarded as a cost centre can be turned into a profit centre while optimizing working capital usage.

Similarly, making credit sales and services without turning them into cash within expected payment period can make an organization go bankrupt. Accounts Payable (AP) and Accounts Receivable (AR) management can make your business cash flow run smoothly if managed optimally. The participants will learn the various techniques in managing Accounts Payable, Accounts Receivable and Debt management.

Learning Objectives

At the end of the 5-day course, participants should be able to:

  • Define Accounts payable, Accounts Receivable and Debt management.
  • Know the importance of use Accounts payable to improve cash flow management
  • Know the importance of the use of Accounts Receivable to increase sales and profitability
  • Know how to simplify your Account Payable and Account Receivable process
  • Know how to transform a cost centre as Accounts payable to a profit centre

Understand how to use dynamic discounting optimally

  • Know how to design for management or board approval credit policy
  • Understand the psychology of your customers/ client for decision making
  • Determine the ability of your debtors to continually meet their obligations
  • Assess when to suspend credit, extend credit or cancel credit.
  • Know how to collect Debt without firing a shot.
3V Learning Centre. 5 Adefolu Avenue off Bamishile street, By Best Western Lagos Ikeja Hotel off Allen Avenue (New World Bus stop) Ikeja Jul 01 - 05 Jul, 2024

Registration: 10:00:am - 04:00:am

NGN 268,750.00(Payable in advance or on arrival)
USD 750.00(Payable in advance or on arrival)
(Convert Currency)

Michael Oladunjoye 08033076702

10% discount for more than 2 participants
Michael Oladunjoye and Facaulty

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