With the continuing effects of the economic downturn being felt by businesses, the importance of good credit management has been magnified and all companies credit management policies and procedures need to be reviewed and upgraded in order to avoid your company becoming a statistic of the poor economy.
This is a half day seminar in Cape Town on the 14th October 2010, aimed at commercial creditors (businesses who supply other businesses on credit). Specific staff who will benefit from this seminar are credit managers, financial managers responsible for credit, credit controllers and any other staff involved in credit.
Course Content 1. Due Diligence
1.1 Credit Application forms and standard terms and conditions of trade
1.2 Credit information assessment
1.3 Credit bureau
1.4 Impact of the National Credit Act on credit granting
- Protecting your credit
2.1 The dangers of trading with corporate entities and trusts
2.2 Suretyships
2.3 Other forms of securities
2.4 The dangers of debt relief applications into the NCA
- Focus on the cash flow
3.1 Implementation of collection policy
3.2 Pro-active action
- Using outside Assistance
4.1 Bad debt hand-over policy
4.2 Attorneys vs. Debt collection agents
4.3 Legal options and tools
Presenter
Brett Bentley of Bentley Attorneys and Bentley Credit Control (Pty) Ltd has been a practicing attorney since 1994, specialising in credit law and debt recovery. He has served as a director of the South African Institute of Credit Management and is a national authority oncredit law, credit management and debt recovery.
Visitors profilecredit managers, credit controllers, financial managers
