Corporate Frontier Services

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(Remote Online Learning) Credit Management & Debt Collection Strategies, 15-16 November 2021

INTRODUCTION

Bad debt, the opposite of profit, unfortunately, is a part of doing business, but not something that cannot be managed and control to a minimum thus ensure the company stays on the right track of profitability. A better understanding of the credit assessment policy and its control mechanism, which covers credit evaluation and credit limit review, would lay down a strong foundation to manage your company’s risks to minimize bad debts.

Collecting book debts appears to be ‘so difficult’ to many people and deem uninteresting. However, with the understanding of the credit recovery policy plus acquiring of the appropriate tools, strategies and techniques through training, collecting a debt can be professionally challenging and exciting career.

In this workshop, the facilitator hopes to share the 2 important components that would outline how to carry out the roles, functions and responsibilities appropriately to cope with the pressures, within or outside your organization, in handling professionally issues related to debt collection and ensures the company stays on course to achieving its goals. This training program addresses issues related to operational financial aspects and capital budgeting.   

Upon completion of this program, participants will be able to:

  • 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.

NOTE: THIS COURSE IS 100% HRD CORP SBL-KHAS CLAIMABLE

For inquiries, please contact the following Program Consultant:

Ms. Emily / email: emily@cfrontier.com / Tel: +6088731412  

Mr. Azrul / email: azrul@cfrontier.com / Tel: +6088731410  

Ms. Joan / email: joan@cfrontier.com / Tel: +6088731570

Ms. Tracy / email: tracy@cfrontier.com / Tel: +6088731575

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Willaim Wright

Voluptas feugiat illo occaecat egestas modi tempora facilis, quisquam ultrices.

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ATTENTION!!!

In line with the announcement from the Ministry of Finance in October 2023, we wish to inform you about an upcoming changes in the Sales and Service Tax (SST) rate in Malaysia.

Effective March 1, 2024, the SST rate will be increased from 6% to 8%. As a result of this adjustment, there will be changes in the pricing of our training services provided by CF Learning Services Sdn Bhd starting March 2024 onwards.

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Thank you for your continued support and understanding.