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Bad debt is an unfortunate reality of doing business, but it can be managed and controlled to minimize its impact on profitability. A solid understanding of credit assessment policies and control mechanisms, including credit evaluation and credit limit review, can help your company manage risks and reduce bad debt.

While debt collection may seem difficult or uninteresting to some, it can be a professionally challenging and exciting career with the right understanding of credit recovery policies and the use of appropriate tools, strategies, and techniques. In this workshop, we’ll cover the two essential components that outline how to handle the roles, functions, and responsibilities related to debt collection in a professional manner, even under pressure. This training program also addresses issues related to operational financial aspects and capital budgeting, helping your company stay on track to achieve its goals.

What to expect?

  • Understand the meaning and reasons for Credit Management.
  • Appreciate the important of credit policy in defining the objectives, function and responsibilities of credit department to achieve maximum profitability from trading.
  • Realize the need of credit assessment due to selective risk-taking in the interests of increasing overall profitability.
  • Establish a Collection Policy that not only ensure recovery of debts, but also provide follow up procedures in monitoring and collection of debts.
  • Highlight Debt Collection Agencies and legal action process in debt collection.

100% HRD Corp Claimable Course: Skim Bantuan Latihan Khas

For more information, please contact the following Program Consultant:

Ms. Tracy / email: / Tel: +6 088 731 570

Ms. Grace / email: / Tel: +6 088 731 575

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