Best Practices in Managing & Organising Accounts Receivable

Efficient management of accounts receivable provides the organisation with a strong sense of where they stand against industry leaders and shows them how to take their services and organisational processes to state of the art levels. Better control of receivables is one of the best ways to improve cash flow, working capital, reduce debt and costs, results in ahead of the competition.

Accounts Receivable training course provides you with all the knowledge of accounts receivable, and the professional tools to get your people on the same page and standardise procedures and problem-solving in this area. The participant will gain in-depth knowledge of cash flow, working capital, debt management. Best practices collection tools and techniques and meaningful KPIs also covered in the course. Cross training with employees is especially effective with accounts receivable training courses.

By attending this Best Practices in Managing & Organising Accounts Receivable training course, delegates will be able to:

• Work effectively with the fundamentals of accounts receivable
• Manage cash and working capital to reduce costs and improve cash flow
• Accounting and working capital optimisation
• Understand and apply the fundamentals of Accounts Receivable systems
• Have practical steps that reduce bad debt losses and uncollectible debtors
• Review collection methods and cash management
• Analyse the need to incorporate risk and uncertainty into accounts receivable analysis
• Identify best practice across all industries

This PROMISE Best Practices in Managing & Organising Accounts Receivable training course suitable for a wide range of professionals includes:

• 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

The practical and results-oriented Managing & Organizing Accounts Receivable training course is based on adult learning concept. It incorporates short inspiring lectures with captivating PowerPoint slides; videos to enhance learning; ongoing discussions with action planning; ample time for Q&A; training activities to reinforce key concepts within a fun learning environment.

Pre & Post course assessments will be used to measure the effectiveness of this training and measure the skill and ability of participants.