An Introduction to Credit Management
Ensuring our customers pay for our goods and services in a timely manner is essential for any company however large or small. Credit management is the process which ensures that customers pay for the products delivered or services rendered. The longer an amount is outstanding, there is a risk that the customer will not be able to pay. The longer it takes the customer to pay, the higher the risk of non-payment. Therefore, managing credit effectively is a vital part of any well-managed business that will help reduce bad debts and improve the cash flow in the business.
This half day seminar will introduce the world of Credit Management, to help companies develop strategies to effectively manage risk and focus on the processes involved to ensure their companies remain solvent.
Attendees will have the opportunity to explore staff development and Professional Accreditation through the Chartered Institute of Credit Management (CICM).
Further details of this and other upcoming training seminars will be circulated through the British Polish Chamber of Commerce in the New Year.
