ACCOUNTS RECEIVABLE TRAINING COURSE

IMPROVE YOUR ACCOUNTS RECEIVABLE SKILLS NOW

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  • Accounts Receivable Training Course working professionals will learn industry best practices for ensuring the organization receives payment for services offered or goods sold to clients.
  • Four ways to learn: public class, webinarself-study, or on-site training.
  • Learn from a professional with 30+ years of business experience.
  • Public class and webinar limited to four students for maximum learning.
  • Certificate issued upon completion.
  • Cost: Two Day Class $1399.00.  Available Discounts.
  • Public Class and Webinar Schedule located in right column.

ACCOUNTS RECEIVABLE TRAINING COURSE DESCRIPTION

Accounts Receivable typically involves sending invoices and statements to clients, posting the financial transaction to an accounting system and making bank deposits. 

This class provides an overview of the credit, collections, and accounts receivable functions for accounts receivable managers. Included are tips and techniques as well as case studies. The class shows how to streamline the credit process and how to make this area as efficient as possible.

Each Student Receives:

  • student manual or textbook for use during and after the class.
  • Instruction from an experienced business professional (minimum of 30 years) with at least five years in a corporate senior management position (CEO, President, COO, Vice President, CFO).
  • Real life exercises to support training materials.
  • Individual attention (classes are limited to four students).
  • Personalized Certificate of Completion

Consulting Signpost

Overwhelmed and don’t know where to start?

If you are experiencing problems with any of the following, we can help:

  • unprecedented growth
  • supply chain issues
  • cash management issues
  • introduction of new technologies
  • development of a company mission statement or S&OP
  • poor customer service
  • poor internal training development
  • declining or stagnant sales
  • high employee turn-over
  • no accountability for managers

Our account managers can work with you to improve the performance of your workforce in two ways:

  1. Our account managers can help you put together a comprehensive employee training program proven to be one of the best returns on investment there is.
  2. A business consultant to provide expert advice in a particular area such as management and leadership, accountancy, human resources, customer service, finance, or supply chain management. 

Start to improve your bottom line today by contacting your account manager by email at info@academyofbusinesstraining.com or call us 24/7 888-632-2093.

Recommended CPE credit: 16
Recommended field of study: Accounting
Program level: Intermediate.
Advance preparation: None
Additional disclosure information

ACCOUNTS RECEIVABLE TRAINING COURSE OUTLINE

Module One: Approving the Credit

Understand the importance of accurately
     evaluating credit
Evaluate the creditworthiness of customers
Understand the different types of financial
     statements
Identify the warning signs of customers in trouble

Module Two: Billing

Understand the implications of billing on business      credit and collections
Prepare a clear and accurate invoice that does not
     prevent your company from being paid in a
     timely manner
Recognize the effect terms can have on
     collections
Implement electronic billing in your organization

Module Three: Collecting the Money

Understand where collections fits into the big
     picture
Evaluate different collection techniques
Know when to turn an account over to a collection
     agency
Realize when a lawyer is needed to approach the
     debtor

Module Four: Accounts Receivable Issues

Understand the importance of Accounts
     Receivable
Apply cash efficiently and effectively
Effectively manage the bad debt
Evaluate the problems that occur when Accounts
Receivable is not updated correctly
Assess the best Accounts Receivable techniques

Module Five: Handling Deduction Issues

Evaluate the unearned discounts and
     unauthorized deduction problem at your
     company
Work with customers to eliminate the
     discount/deduction problems
Work internally to minimize the problem
Recommend techniques that will keep the problem
     at bay

Module Six: Interacting with Sales  and Marketing

Understand the importance of the sales – credit
     relationship
Develop a good working relationship with the sales
     department
Recognize what credit can do to make sales job a
     little easier
Make a pitch for credit at sales meetings

Module Seven: Customer Relations and Customer Visits

Understand the value of customer visits
Know how to plan a visit to a and international
     customer
Know what to expect when visiting an international
     customer
Find creative ways to make customer visits
     happen

Module Eight: Letters of Credit and Other Security Instruments

Understand the proper use of letters of credit
Take the appropriate steps to avoid the problems
     that typically plague the use of letters of credit
Use Uniform Commercial Code (UCC) –1 filings in
     the appropriate manner to guard your firm’s
     security interest
Identify other appropriate techniques to use to sell
     when open account is not an option

Module Nine: Legal Considerations  Surrounding Credit

Understand the laws that affect the credit function
     identify potential fraud situations
Make intelligent decisions about this escheat
     issues
Understand the possibilities of alternative dispute
     resolution

Module Ten: Bankruptcy

Fully understand your rights as a creditor
Recognize the importance of filing proof of claims
Recognize the implications of reclamation
Work with the preference claims against your firm

Module Eleven: Technology in the  Credit and Collections Department

Know how technologies being used in credit and
     collections
Integrate the use of email into daily operations
Make the best use of Internet facilities
Understand and develop your own credit scoring
     models

WHAT ACCOUNTS RECEIVABLE TRAINING COURSE STUDENTS ARE SAYING...

Accounts Receivable Training Course
Average Rating: 5 out of 5 stars
Votes: 1
Reviews: 1

The trainer asked challenging questions!
S.J.
Lexington, KY



ACCOUNTS RECEIVABLE TRAINING PUBLIC COURSE AND WEBINAR SCHEDULE

Monday and Tuesday, September 9 – 10, 2019
Monday and Tuesday, October 7 – 8, 2019 Full
Monday and Tuesday, November 4 – 5, 2019
Monday and Tuesday, December 2 – 3, 2019

Scheduled dates don’t work for you? Schedule your own start date (subject to availability).  Contact customer service to check date availability at info@academyofbusinesstraining.com.

Registration

Registering another Person

If you want to register for another person, click on the registration link and enter your information in the Billing Information section, uncheck the Student Information same as Billing Information box at the bottom of the form, then enter your student information.  If you experience any difficulty with online checkout, please call customer service 24/7 at 888-632-2093.

Registering by Purchase Order

If you need to register using a purchase order, email a copy to info@academyofbusinesstraining.com (be sure to list class name, class date, student name, student address, student phone number, and student email address).

To Register by Phone

To pay by credit or debit card using customer service 24/7 call 888-632-2093 .

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