Left Blocks Image | Learnfly Right Blocks Image | Learnfly
All in One Offer! | Access Unlimited Courses in any category starting at just $29. Offer Ends in:

Learnfly | Menu Trigger Icons Browse Library

  • Business Solutions
  • Become an Instructor
  • 0
    Shopping Cart
    Learnfly | Empty Cart Icons

    Your Cart is empty. Keep shopping to find a course!

    Browse Courses
Free
6 days left at this price!

This plan includes

  • Limitedfree coursesaccess
  • Play & PauseCourse Videos
  • VideoRecorded Lectures
  • Learn onMobile/PC/Tablet
  • Quizzes andReal Projects
  • Lifetime CourseCertificate
  • Email & ChatSupport
Get Unlimited Learning Access
$29
6 days left at this price!
30-Day Money-Back Guarantee

This plan includes

  • Access to11,000+Courses
  • Adsfree experienceCourses
  • Play & PauseCourse Videos
  • Learnfly HD IconsHD VideoRecorded Lectures
  • Learn onMobile/PC/Tablet
  • Quizzes andReal Projects
  • Lifetime CourseCertificate
  • InstructorDirect Support
  • Email & ChatSupport
  • Cancel Anytime
$29
$29
$29
  • How to best manage a debtors book to maximize Working Capital

This Debt Collection Management course will assist you or your staff to fully understand how to manage your Clients who owe you money, ensuring your business always has a positive cashflow.

The course is designed for Business Enterprises who offer their clients credit terms and need to learn how to best manage their debtor’s book to maximize Working Capital.

Running a successful business is never easy. Even when business is booming, businesses are faced with the unenviable task of chasing payment of outstanding invoices. For some, this can be a painful and gruelling task. On the flip side, the unfortunate reality is that some businesses struggle.

Businesses with effective debt recovery practices ensure an emphasis on setting out the rights and obligations of parties from the outset in any documented terms of trade, credit applications, or on invoices.

This makes the taking of recovery action at a later stage more straightforward, and ensures that the creditor business is in a strong position to demand payment.

 

Once recovery action is required, businesses ought to adopt set strategies which establish strict timeframes for recovering activities, including the issuing of demand letters, making of phone calls, and escalation of matters to legal proceedings or referral to a collection agency.

 

During this course, the following Topics are covered:

· The importance of Working Capital & Cashflow - When is a Sale really a paid Sale?

· The importance of Risk Assessment – How to choose clients

· The implementation of a Credit Policy - How to treat clients

· Communication styles to be used with Customers - How to communicate with clients

· Letters of Demand & Repayment plans - How should clients respond

· How to Measure the effectiveness of your Debt Collection – Are all possible steps being implemented to collect outstanding monies due to your business?

  • No previous knowledge on the subject required
  • Available to anyone wanting to learn
  • Credit Controllers
  • Debt Collection staff
  • Finance students
View More...
  • Section 1 : Debt Collection Management Course 3 Lectures 00:00:01

    • Lecture 1 :
    • Debt Collection Management Course - Part 1 Preview
    • Lecture 2 :
    • Debt Collection Management Course - Part 2
    • Lecture 3 :
    • Debt Collection Management Course - Part 3
  • Learnfly Google Logo
  • Learnfly Facebook Logo
  • Learnfly Apple Logo
  • Learnfly EA Logo
  • Learnfly Amazon Logo
  • Learnfly IBM Logo
  • Learnfly Microsoft Logo
  • Learnfly Reddit Logo
  • Learnfly Spotify Logo
  • Learnfly Uber Logo
  • Learnfly Youtube Logo
  • Learnfly Instagram Logo
  • How do i access the course after purchase?

    It's simple. When you sign up, you'll immediately have unlimited viewing of thousands of expert courses, paths to guide your learning, tools to measure your skills and hands-on resources like exercise files. There’s no limit on what you can learn and you can cancel at any time.
  • Are these video based online self-learning courses?

    Yes. All of the courses comes with online video based lectures created by certified instructors. Instructors have crafted these courses with a blend of high quality interactive videos, lectures, quizzes & real world projects to give you an indepth knowledge about the topic.
  • Can i play & pause the course as per my convenience?

    Yes absolutely & thats one of the advantage of self-paced courses. You can anytime pause or resume the course & come back & forth from one lecture to another lecture, play the videos mulitple times & so on.
  • How do i contact the instructor for any doubts or questions?

    Most of these courses have general questions & answers already covered within the course lectures. However, if you need any further help from the instructor, you can use the inbuilt Chat with Instructor option to send a message to an instructor & they will reply you within 24 hours. You can ask as many questions as you want.
  • Do i need a pc to access the course or can i do it on mobile & tablet as well?

    Brilliant question? Isn't it? You can access the courses on any device like PC, Mobile, Tablet & even on a smart tv. For mobile & a tablet you can download the Learnfly android or an iOS app. If mobile app is not available in your country, you can access the course directly by visting our website, its fully mobile friendly.
  • Do i get any certificate for the courses?

    Yes. Once you complete any course on our platform along with provided assessments by the instructor, you will be eligble to get certificate of course completion.
    Learnfly LMS Sample
  • For how long can i access my course on the platform?

    You require an active subscription to access courses on our platform. If your subscription is active, you can access any course on our platform with no restrictions.
  • Is there any free trial?

    Currently, we do not offer any free trial.
  • Can i cancel anytime?

    Yes, you can cancel your subscription at any time. Your subscription will auto-renew until you cancel, but why would you want to?
User Images | Learnfly

6262 Course Views

12 Courses

  • Unmatched Variety and Value!
    Learnfly's monthly subscription offers unlimited access to a vast range of courses. Affordable pricing, compared to competitors, makes it the ultimate choice for continuous learning.
    Jessica M.

    4.7

    JM
  • Top-Notch Quality, Affordable Rates!
    High-quality courses with certified instructors make Learnfly stand out. The affordable pricing is a game-changer for those seeking premium education.
    Alex P.

    4.5

    AP
  • Certified Excellence Every Time!
    Learnfly's courses, taught by certified instructors, ensure top-notch learning experiences. The course completion certificates add significant value to one's skill set.
    Sarah R.

    4.3

    SR
  • Round-the-Clock Support!
    Learnfly goes the extra mile with 24/7 course support. Their dedication to helping students succeed is commendable.
    Ryan K.

    4.1

    RK
  • Learn Anywhere, Anytime!
    Whether on mobile, PC, or tablet, Learnfly's platform offers flexibility. Learning on the go has never been easier.
    Emily S.

    4.7

    ES
  • Job-Ready Skills!
    Learnfly's job-oriented courses equip learners with practical skills for the workplace. An investment in career growth!
    Jake M.

    4.2

    JM
  • Budget-Friendly Brilliance!
    Learnfly's pricing is a steal for the quality and variety of courses offered. Quality education without breaking the bank.
    Olivia T.

    4.5

    OT
  • Instructor Excellence Unleashed!
    Learn from the best with Learnfly's certified instructors. The platform ensures that knowledge is imparted by industry experts.
    Daniel L.

    4.0

    DL
  • Achievement Unlocked!
    Learnfly not only offers courses but also recognizes your efforts with course completion certificates. A sense of accomplishment with every course finished.
    Maya H.

    4.6

    MH
  • Learning Revolution!
    Learnfly's platform is a revolution in education. Access to unlimited courses at affordable rates is a game-changer.
    Ethan W.

    4.7

    EW
  • learn-ms-excel-from-basic-to-advance

    Learn MS Excel From Basic to Advanc...

    By : Ashwini Bissa

    Lectures 14 Beginner 0:24:50
  • odoo-purchases-sales-inventory-with-accounting-modules

    Odoo: Purchases, Sales, Inventory w...

    By : Quantic Statistics R spatial analysis

    Lectures 13 Beginner 3:20:52
  • hotel-management-course-analyse-financial-statements-and-performance

    Hotel Management Course - Analyse f...

    By : Manish Gupta

    Lectures 34 Intermedite 2:58:18
  • how-to-carry-out-financial-analysis-as-a-banker

    How to carry out Financial Analysis...

    By : CA N Raja Natarajan

    Lectures 25 Intermedite 2:57:27
  • advanced-capital-budgeting-improve-long-term-roi

    Advanced Capital Budgeting: Improve...

    By : Blair Cook

    Lectures 7 Intermedite 0:54:52
  • envision-the-future-financial-modeling-using-excel

    Envision the Future: Financial Mode...

    By : Blair Cook

    Lectures 8 Intermedite 1:32:15

Students learning on Learnfly works with Fortune 500 companies around the globe.

  • Learnfly | a-l-1a Icons
  • Learnfly | a-l-2a Icons
  • Learnfly | a-l-3a Icons
  • Learnfly | a-l-4a Icons
  • Learnfly | a-l-6a Icons
  • Learnfly | a-l-7a Icons
Sign Up & Start Learning
Learnfly | Sign Up Icons
Learnfly | Sign Up Icons
Learnfly | Sign Up Icons
By signing up, you agree to our Terms of Use and Privacy Policy
Reset Password
Enter your email address and we'll send you a link to reset your password.
Learnfly | Sign Up Icons