Effective Credit Control Management and Debt Recovery Strategies September 9, 2007

The success of a business largely rests on proper management of cash flow and accounts receivable. However, many companies which are otherwise capably managed, do not place enough emphasis on thier trade receivables which represent as much as 30%-40% of the total asset value.

Without proper credit control management, an organisation may face increased risk of poor cash flow which in turn can affect sales profitability, cashflow liquidity, the security of working capital and the return on investment of the whole business.

The objective of this seminar is to develop a broad understanding of the credit and collection issues and to help participants create a framework for sustainable cash flow management system.

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