How to Develop a Business Credit Policy (OnDemand Webinar)

$199.00

SKU: 407850EAU

Description

Learn how to design and implement an improved credit risk management policy and process.This topic will benefit anyone who manages the Accounts Receivable asset and its risk of bad debt and delinquency loss. Credit control teams are continuously asked to deliver improved results with the same or reduced resources, despite the proliferation of debt in this economy and the COVID19 induced depression. This topic will enable managers to focus their limited credit resources in the most efficient and effective way. This will result in improved ability to manage the credit risk vs. needforsales tradeoff, a shared corporate consensus on the level of credit risk deemed acceptable, and lower bad debt exposure and expense. This information will help you be able to design and implement an improved credit risk management policy and process, and better protect yourself from unexpected bankruptcy loss.

Date: 2020-10-28 Start Time: End Time:

Learning Objectives

Why a Credit Policy Is Needed

The Elements of an Excellent B2B Credit Policy

Why a Credit Policy Is Required

Trade Credit Strategy

Policy Components

Best Practice Process

Automation

Metrics

John G. Salek-Revenue Management Associates, LLC