Account Payable, Account Receivable and Debt Recovery Management Course

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
• Know how to manage government debt optimally.
• 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.