
Get a broad understanding of revenue cycle management, its importance, and how it should be managed.
Learn about the key documents that are essential in an effective revenue cycle management process.
Explore the various environments of manufacturing & how RCM applies and varies in each of these eco-systems.
What are the performance indicators? Why are they important and what KPIs apply in RCM?
Dive deeper into the key performance indicators of order management.
Understand the key aspects of accounts receivables and its importance in organizational financial planning
Get to know the aspects of business credit and collections, their relationship and dependence.
What is inventory accounting? How is it critical in RCM?
Learn about balanced scorecard and its benefits
Understand order management operations and how it is important in the overall RCM cycle
Get a deeper understanding of the entire billing process and its application in the revenue cycle management
Learn about credit analysis and how is it done?
Get to know how to identify, discrepancies and methods to manage them.
Learn about the credit collections & returns process and its importance in the revenue cycle management process.
Get insights into general ledger accounting and reporting.
How can technology and ERP solutions help build and manage an efficient RCM cycle?
Here are some use case examples of some common issues in the RCM cycle and their proposed solutions.
What is shipping linearity and its importance?
Revenue cycle management is a critical component in managing the cash flows of a business. Every industry requires RCM professionals to critically look at their financials and find out innovative ways to improve it. Healthcare industry is the most prominent of this. With escalating healthcare costs and high pressure on operating margins, the healthcare industry is always on the lookout for ways to improve the revenue cycle.
This course brings you up to speed on the current practices and tools used in the effective management of an organization's revenue cycles. If you are a student of commerce in your final year, such a course will help you acquire years that you spend in acquiring this knowledge in your first job. If you are a young professional in the finance and accounting role, with this course and a deeper understanding of the domain, and certificate, you can upgrade or fast track your career.