In today’s economy, the combination of cash, credit, and collections is king!
This pro-active course explores the role of cash and credit within a business and highlights the importance of credit analysis, financial statement analysis, cash management, collection techniques, and management of the collection process in our challenging financial world.
Basic and advanced credit analysis are reviewed including the five Cs of credit. Additionally, the four basic financial statements are displayed followed by a comprehensive five-step financial statement analysis model (covering liquidity, activity, leverage, operating performance, and cash flow). Emphasis is placed on the importance of cash flow--the life-blood of all businesses.
Furthermore, the training session includes a combination of simple and sophisticated cash management tools and effective collection techniques (including the legal aspects of collections and negotiation skills for collecting cash over the phone or in-person). Additionally, the concept of managing the collection process including the human factor are explored.
Illumeo, incorporated in 2009, is revolutionizing the hide-bound world of corporate learning. Illumeo works with corporate professionals and organizations of all sizes to build the skills and capabilities that help everyone be an expert at their job.
Based in Silicon Valley, CA, Illumeo serves thousands of corporations and corporate professionals across Finance, Accounting, Human Resources, Sales and Marketing. The platform offers assessments, industry-benchmarked competency analyses, hundreds of expert-developed courses, collaborative tools, and the ability for companies to self-publish internal courses that promote institutional knowledge retention and dissemination.
Illumeo is the place for expertise management and we are dedicated to the proposition that everyone can be an expert at their job.