Neil Ricketts will be running information training sessions on good credit management procedures and how you can increase your cash flow while protecting yourself against doubtful debtors.
Credit risk management can speed up cash flow and reduce bad debt write offs. In commercial credit it is essential to identify problem accounts and reduce potential risk. Commercial risk management also focuses on reducing risk with proper credit screening. There are a lot of facets to commercial credit risk management. You must decide on how much risk you are prepared to take in your business.
Some risks may be critical to your success; however, exposing your business to the wrong types of risk may be harmful. There’s only one way to completely eliminate risk from your business, and that’s to close the doors and go home and we don’t want you to do this.
At some point, the costs of eliminating ALL risk exceed the benefits of trying to do so. Creditors Protection Agency suggests using the right tools, technologies, and processes into place to manage your risk in the most cost-effective manner. Once you achieve this, you can be confident that you’re striking the right balance between risk and reward.
With the right credit risk partner, the more likely you are to get the information you need to evaluate credit risk in a timely manner.
- Terms & Conditions
- Credit Management good practices
- Outsourcing receivables management
- Credit Risk Management
- Trade Credit Insurance
- Debt Collection
This will be a 45 minute session, tea & coffee provided.
Where: Mercantile CPA Boardroom Level 1, 277 Sir Donald Bradman Drive COWANDILLA SA 5033
When: Tuesday 19the December 2017
Time: 8am – 8.45am
Cost: $100 per business (Business owner, Financial Controller, Credit Manager, Accounts)
To book please email firstname.lastname@example.org