REVENUE COLLECTION AND FINANCIAL MANAGEMENT

COURSE OBJECTIVE

• Enable participants to understand revenue collection and financial management and the role it plays in organizations
• Equip participants with a deeper understanding of current issues and best practices in management of Debts.
• Expose participants to strategies and techniques of improving financial performance of organizations.
• Provide accelerated personal, interpersonal and teamwork skills and assist participants to appreciate the leadership concept.
• Helping participants understand their role in upholding the company’s reputation and growth

 FOCAL POINT

• Introduction to revenue collection
• Record-Keeping and Collection Rates
• Delinquent accounts- Tools for collecting what is owed.
• Developing Revenue Collection policy statements
• Revenue laws / Legal issues in credit
• Customer care in revenue collection
• Billing/invoicing systems
• Approaches to credit risk analysis and Credit risk management
• Communication Skills and negotiation skills
• Cash flow management and control
• Process of revenue collection, recognition and writing-off irrecoverable debt
• Financial Decision-making
• Regulatory Environment
• Credit extension and control analysis techniques

WHO WILL BENEFIT

• Financial Officers/Managers
• Internal Auditors
• Financial Controllers
• Accountants
• Revenue collectors
• And other professionals who have attended any basic program in financial management.