Credit and Collection Management by COMPETAD - SpeedyCourse Philippines
We've noticed this is not your region.
Redirect me to my region
What do you want to learn today?

Credit and Collection Management

ENDED
Inquire Now
In-Person / Training
Ended last Oct 12, 2019
PHP  2,699.00

Details

COURSE DESCRIPTION:
This module will establish that an efficient process must be set up in order that amortized accounts and loans must be managed from birth to death and how it should have been done focusing on the following aspects:
     A. How to grant credit considering the risk and mitigating factors
     B. Knowing the cause of their high delinquency rate, and how to prevent the same
     C. Knowing the appropriate legal remedy.
     D. Knowing the Best Practices in the Credit and Collection Industry.
OBJECTIVES:
     A. Understand the importance of credit investigation
     B. Understand that Credit Investigation is a continuing process, and not a onetime activity only
     C. Equip employees with necessary skills in the conduct of data gathering
     D. Instill Best Practices in Credit Investigation among practitioners

WHO SHOULD ATTEND:
     A. Credit and Collection Personnel
     B. Credit Investigators
     C. Credit Evaluators
     D. Sales Personnel
     E. Tele Collectors
     F. Field Collectors

COURSE OUTLINE:
I.CREDIT MANAGEMENT
     A. Nature of Credit
     B. Importance of Credit and Collection
     C. KYC – Know your Client
     D. Six C’s of Credit
     E. Importance of Credit Evaluation
     F. How to Evaluate Credit Worthiness
    G. Establishing Credit Line
    H. Credit Scoring
     I. Credit Term – Reckoning Point
    J. Factors in Increasing Credit Line
    K. Handling Transactions Exceeding Credit Line
II. COLLECTION MANAGEMENT
     A. Concept / Capacity
     B. Target Setting
     C. Basis of Collection
     D. Customer Service as a Collection Tool
     E. Bucketing your Receivables
     F. Pre Delinquency Activities
     G. Minimum Collection Activities
     H. Tele Collection Techniques
     I. Significance of Demand Letter
     J. Highlights of Bouncing Checks Law (Violation of BP Blg. 22)
     K. Legal VS Remedial
     L. Highlights on the Rules on Small Claims Cases
     M. BSP Circular 454-2004 (Unfair Collection Practices Act)

Reviews
Be the first to write a review about this course.
Write a Review

 

COMPETAD stands for Competitive Advantage. In the ever pressing demands of competition in the business community, what can truly set apart a company is its ability to gain a competitive advantage. This is something that can only be attained through the enhancement of the human resource. As COMPETAD specializes in providing you quality training, we hope to provide a competitive advantage to our aspiration partners*.

Formally launching on August 10, 2015, COMPETAD takes the next step to success by establishing itself as a business and building an online presence. Uniting a force of highly trained professionals, consultants, and specialists into one organization, here are our vision and mission for the business:

 

Vision:

  • To be the nation’s leader in providing high quality training that will ensure a greater productivity to the widest possible range of companies from various industries.

 

Mission :

  • To provide high quality and competitive training solutions to our aspiration partners* while putting together the best professionals in their respective industries into one organization in delivering effective and result-driving competency programs. ...
COMPETAD Training and Professional Development Services
84 Kalayaan Avenue Brgy. Central Quezon City, Quezon City, Metro Manila, Philippines
02 433 3342
Sending Message
Please wait...
× × Speedycourse.com uses cookies to deliver our services. By continuing to use the site, you are agreeing to our use of cookies, Privacy Policy, and our Terms & Conditions.