EFFECTIVE DEBT COLLECTION STRATEGIES SEMINAR

DATES–                     21-22 APRIL 2022

VENUE–                     Management Training Bureau, Msasa, HARARE

                                  Cillas Conference Centre, BULAWAYO

TIME–                        0830 – 1600 Hrs

COST-                       $35 000.00 per participant

OVERVIEW

Debt collections play an integral role in the cash cycle. New and more effective strategies for collections are essential in a highly volatile environment.

This seminar explores debt collection best practice in the quest to keep cash flows sound.

Objectives:
At the end of this training seminar the participants will be able to:
• Explain the main business objectives and state the importance of cash in abusiness
• Explain what is a credit policy, a collection policy, their purposes and state some key credit assessment factors/basics of credit policies
• Outline financial considerations for granting credit and debt collection and strategies.
• Assess the credit and collection policies of their business organizations and develop effective methods to reduce bad debts and improve collections.

COURSE CONTENT/ COVERAGE

Debt recovery strategies

Identifying problematic debtors before they turn bad

Intelligence gathering as a prelude to effective collections

Hurdles in collection

Classification of accounts/borrowers

Dealing with difficult borrowers

Progressive disciplinary procedures

Dealing with disputed accounts

Monitoring and evaluating accounts after restructuring

Handing over to third parties for collections

Litigation- the pros and cons

Physical follow ups and site visits

THE SEMINAR IS FOR

• Executive management
• Business owners
• Accounts staff
• Credit & Debt Managers
• Microfinance personnel
• Loan officers
• Financial Managers & Directors
• Credit Controllers
• Accounts Officers
• Accountants
• Credit Supervisors
• Internal Auditors
• Small business owners

DATES–                     21-22 APRIL 2022

VENUE–                     Management Training Bureau, Msasa

TIME–                        0830 – 1600 Hrs

COST–                       $35 000.00 per delegate

ACC DETAILS–        FIRST CAPITAL, Main Street Branch

                                    Institute of Credit Management in Zimbabwe

                                    2307-1103536

INHOUSE EFFECTIVE DEBT COLLECTION STRATEGIES WORKSHOPS

The same programme can also be offered as an inhouse training at your own scheduled time and venue with specific attention to your exact needs.