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Course/Product Description
Title:

Effective Collections: A Proactive Approach To Credit Management

SKU:WC-1023852
Date / Time: Recorded
Format: Webinar
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Description:

With more than 10,000 businesses having slow or nonpaying customers, it can sometimes make the collection process very slow and inefficient.

How can you collect that money efficiently and quickly, and keep that money coming in?

This webinar will go over objectives of credit management and how it affects your customers, different elements that affect credit management, and how to create a credit policy. We will also discuss how using credit management can improve your collection procedures.

Why waste time on slow and inefficient collection procedures? Learn how to take specific steps and use positive action to streamline and maximize your credit management policies.

AGENDA

What Is Credit Management?

  • Objectives of Credit Management
  • How Credit Management Affects Your Customers
Elements That Affect Credit Management
  • What Is Credit Risk?
  • Managing Credit Risk
  • Checking People's Credit
Creating a Credit Policy
  • Specific Steps for Successful Credit Management
  • Skills and Resources Needed for Credit Management
  • Elements of a Credit Policy
  • Following Federal and State Laws
  • Why Should You Have a Credit Management Plan?
Using Credit Management to Improve Collection Procedures
  • Common Credit Management Errors and How to Correct Them
  • Top Methods for Improving Collection Procedures
  • Creating an Effective Credit Policy
About The Presenter

Michelle Dunn
  • Founder of the Credit & Collections Association, LLC
  • Called the nation's authority on collecting money
  • 24 year debt collection industry veteran, entrepreneur, published columnist and award-winning writer
  • One of the top 5 women in collections for 2007 and 2008
  • One of the top 50 most influential collection professionals of 2007
  • Writer of many books and a contributor to the Wall Street Journal


Cannot Attend The Live Presentation?

This presentation is also available in a recorded format, in CD version, as shown in the pricing options below.

About Webcasts / Audio Conferences / Podcasts:

Webcasts, audio conferences, and podcasts are presentations that you attend via the Internet, phone, or mobile device at a specified date and time for "live" versions, or at your convenience for "recorded" and "On-Demand" versions.

The live versions are interactive, meaning that participants can ask questions in real time, plus are a very cost-effective form of training because 1) you receive fast, convenient learning without any out-of-office time; 2) you can invite as many colleagues as you'd like to listen in on a single phone line; 3) you incur no travel expenses; and 4) you and your colleagues are back at work immediately after the session ends!

And though with recorded versions you do lose the ability to ask questions, you gain the ability to hear the presentation numerous times and to share it with others in your office.

Handout materials and the phone number for live presentations are made available to you prior to the event via email from the presenter and from the "MyAccount" link on the menu bar. Copies of the presentations are included with recorded versions.

About The Provider: Lorman Education Services has provided educational seminars and online training for professionals since 1987.

Since then, we've kept thousands of professionals in the United States and internationally current on the most pressing topics in a rapidly changing marketplace of ideas. Like you, we understand the need for concise, accurate information.

That understanding underlies each Lorman course, presenting the latest information on the laws and regulations critical to your organization's successful daily operations.

Moreover, each course receives our painstaking attention to be certain both the faculty and participants receive the individual attention necessary to achieve maximum benefit from the materials.
More Info: Contact Us For More Information
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