Objectives
No matter how large or small the your business, a good Credit Policy supports the strategic objectives of any successful organisation and takes into consideration your customers, industry indicators, the organisation’s mission and strategic direction, product/service offerings together with your legal obligations. This course explores the key requirements of a Credit Policy and assists you to formulate effective new procedures, or improve existing procedures to support your organisation’s strategies and comes complete with a comprehensive manual and workbook.
Learning Outcomes:
Upon completion of this course, participants will be able to: -
1. Understand and assess industry specific and relevant aspects of a Credit Policy
2. Create an appropriate credit policy, unique to their business in a clear and concise format, consistent with the culture of your organisation
3. Identify and understand the impact of statutory/legal obligations
4. Know when to seek the advice of a legal practitioner / consultant in order to maintain legal compliance
5. Communicate and promote Credit Policy & Procedures and audit their application within their organisation
6. Regularly review changing trading conditions and legislation to assess their impact on Credit Policy and understand the circumstances which would result in an amendment of the credit policy
7. Educate staff in statutory, legislative and legal requirements
8. Monitor and review compliance with statutory, legislative and legal compliance
Participants will have completed a workbook detailing the key requirements of a credit policy for their organisation and detailing the decisions to be made to implement it effectively.
Who Should Attend
This course is designed for anyone involved in extending credit to customers – bookkeepers, accounts staff, credit staff, business managers and proprietors. It will give participants the skills to put in place policies that are appropriate to their industry and business objectives, and that will maximise profitable sales
LOCATION:
All courses are delivered at our training facility at 40 Brisbane Street, East Perth.
It is the blue building on the corner of Brisbane and Stirling Streets
Plenty of street parking is available within short walking distance of the premises
COURSE TIME
Course starts at 8.30am and finishes at 12.30pm
Tea, Coffee, and biscuits are provided
