Upcoming
- Advanced Negotiation Skills & Deal Making Strategies 26 - 30 Jul 2021
- The 10-day Oil & Gas MBA 26 - 06 Aug 2021
- Understanding Success Factors in the Oil & Gas Industry 26 - 30 Jul 2021
- Advanced Budgeting & Forecasting 26 - 30 Jul 2021
- Oil and Gas Project Management 26 - 30 Jul 2021
- Strategic Crisis Management for Incident & Emergency Situations 26 - 06 Aug 2021
- Workplace Diversity and Talent Management 26 - 30 Jul 2021
- Effective Talent Management 26 - 30 Jul 2021
- Managing Strategic Alliances and Partnerships 26 - 30 Jul 2021
- Asset Integrity Management: 01 - 05 Aug 2021
- Leadership & Crisis Management in Emergency Situations 01 - 05 Aug 2021
- CCPS Risk-Based Process Safety (RBPS) 08 - 12 Aug 2021
- Gas Turbine & Compressors 08 - 12 Aug 2021
- Building Collaborative Business Models for Innovation and Competitiveness 08 - 12 Aug 2021
- Pensions Management 09 - 13 Aug 2021
- Writing Effective Legal Documents and Commercial Contracts - A Practical Workshop 09 - 13 Aug 2021
- The Art of Strategic Management 09 - 13 Aug 2021
- Strategic Planning Specialist 09 - 13 Aug 2021
- The Art of Strategic Management and Leadership 09 - 20 Aug 2021
- Leadership and Management Skills for the 21st Century 09 - 20 Aug 2021
An Intensive 5-Day Training Course
Accounts Receivable:
Planning, Organising & Achieving Best Practice
| Date | Venue | Fees | CPE Credits | |
|---|---|---|---|---|
|
21 - 25 Nov 2021 |
Dubai |
US $ 4,950 |
30 |
|
|
26 - 30 Jun 2022 |
Dubai |
US $ 4,950 |
30 |
|
|
20 - 24 Nov 2022 |
Dubai |
US $ 4,950 |
30 |
INTRODUCTION
This Accounts Receivable training course provides businesses and other organizations with a strong sense of where they stand against industry leaders and shows them how to take their services and organizational processes to state of the art levels.
Documented strategies and tactics employed by highly admired companies are presented both successful and unsuccessful to illustrate the real world functionality of each process and approach.
By attending this EuroMaTech event, delegates will understand:
- The importance of credit to the company and the economy
- The “cost of credit” and its impact on company profitability
- Practical steps that reduce bad debt losses and “uncollectible” debtors
- How to use different tools and techniques to maximize cash collection effort
- How to effectively manage cash and working capital to reduce costs and improve cash flow
- How leading companies from across the globe are achieving best practice in Accounts Receivable
PROGRAMME OBJECTIVES
This Accounts Receivable training course aims to enable participants to achieve the following objectives:
- Work effectively with the fundamentals of accounts receivable, financial
- Accounting and working capital optimisation
- Understand and apply the fundamentals of Accounts Receivable systems
- Review and comment on collection methods and cash management
- Analyse the need to incorporate risk and uncertainty in to accounts receivable analysis
- Identify best practice across all industries
WHO SHOULD ATTEND?
This Accounts receivable training course provides a user-friendly environment to develop the knowledge and techniques related to accounts receivable that are valuable for:
- Finance Executives and Professionals
- Accountants
- Accounts Receivable Managers
- Accounts Receivable Supervisors
- Accounts Receivable Personnel
- Others who are working within accounts receivable process or who wish to develop a practical toolkit to complement their existing professional or technical skills
TRAINING METHODOLOGY
This EuroMaTech training course will provide the theoretical background and techniques that underpin the organisation and management of accounts payable and its related functions. It will provide a real world practical context by incorporating worked examples and case studies that delegates will see how theory applies in practice and can discuss the various issues raised.
PROGRAMME SUMMARY
The management of the accounts receivables (debtors) of an organisation is essentially just one aspect of the management of the cash flow of that organisation. Since organisations cannot survive without adequate cash flows, it follows that the management of accounts receivable is a vital aspect of cash flow management. This Accounts Receivable training course provides for you a deep and detailed introduction to modern accounts receivables and their management.
PROGRAM OUTLINE
Day 1: An introduction to Accounts Receivable
- Working Capital and Cash Management
- Understanding “the cost of credit”
- The ‘order to cash’ process
- Understanding “risk” in “credit”
- Accounts Receivable and effective customer service
- Identifying under-performing areas to increase customer satisfaction
Day 2: Customers and trading terms
- Terms of trading
- Tools and techniques of financial analysis: ratios; trends; common size analysis
- The best performance measure – cash or profit?
- Financial distress and the Altman’s Z score-type analyses
- Trend analysis
- Value added analysis of financial statement
Day 3: Developing effective strategies to maximise cash collection
- Identifying effective “pre-delinquency” collection campaigns
- Defining “post-delinquency” activities
- Customer sensitive collection strategies
- Collection techniques and letter cycles
- Appropriate internal and external escalation steps
- Using work flow management to maximize collector performance
Day 4: Practical collection tools and techniques
- Eliminating barriers to payment
- Recognizing excuses and delaying tactics
- Providing solutions to non-payment
- Telephone collection techniques
- Negotiation skills for successful collections
- Building relationships with customers
Day 5: Managing the Receivables Ledger
- Developing effective internal relationships to maximize performance
- Setting targets and tracking performance
- Managing information that dazzles
- Defining meaningful KPI’s
- Latest Developments in Accounts Receivable
Do you wish
to participate
on this course?
VAT Announcement: The Government of UAE have introduced Value Added Tax (VAT) on
goods and services from 01-January-2018. In compliance with the legislation issued
by the UAE Government, we will be applying a 5% VAT on the fees for all our programs
and services offered from January 2018 as applicable and stipulated in the FTA
circulars
Do you want to see
more courses?
Visit our program finder
Want this Seminar for
your Organisation?
Please let you know if you wish to conduct this seminar on an in-house basis
Get a proposal
View brochure