A business’s success or failure is largely influenced by the demand for its products or services. Typically, higher sales lead to greater profits, which can drive up stock prices and business growth. However, achieving consistent sales often requires a strong foundation in credit control and debt management.
Credit control involves assessing customer creditworthiness, setting credit limits, monitoring payments, and applying collection procedures when necessary. These strategies help maintain healthy cash flow, minimize financial risks, and maximize profitability.
Debt management includes tactics such as debt consolidation, repayment planning, negotiation with creditors, and strategic prioritization of outstanding balances. This training equips participants with practical tools to improve financial stability through effective credit and debt practices.
Target Participants
Training on Credit Control and Debt Management is ideal for:
☑ Credit Controllers
☑ Finance Experts
☑ Financial Planners
☑ Auditors
☑ Debt Managers
☑ Chief Accounting Officers
☑ Business Owners/Managers
What You Will Learn
By the end of this course, participants will be able to:
✔ Explain the role of credit control in maintaining financial stability and minimizing risk
✔ Understand the impact of effective credit control on cash flow and profitability
✔ Identify strategies for evaluating and managing credit risks
✔ Learn techniques for managing and prioritizing outstanding debts
✔ Develop strategies for negotiating with creditors and establishing repayment plans
✔ Implement proactive debt collection strategies
✔ Monitor and evaluate performance against established benchmarks
Course Duration
📅 Online: 7 Days
📅 Classroom-Based: 5 Days
Course Fee:
Classroom Training: USD 1150 (Includes tuition, tea refreshments, and lunch. Accommodation and travel not included.)
Virtual Training: USD 700
Registration:
Secure your spot today by registering HERE
Note:
Explore more courses HERE for details on additional courses tailored to your needs.
📞 Contact us at training@devimpactinstitute.com or +254 714349537 | +254 700115705
