Design, Implement and Update the Collection Policy

Free Download Udemy Design, Implement and Update the Collection Policy. With the help of this course you can Learn how to design, update and evaluate the accounts receivable cycle from A to Z.

This course was created by . It was rated 0 out of 5 by approx 0 ratings. There are approx 0 users enrolled with this course, so don’t wait to download yours now. This course also includes 128 mins on-demand video, Full lifetime access, Access on mobile and TV & Certificate of Completion.

Is this course right for me?

  • Accounts Receivable Managers;
  • Accounts Receivable Supervisors;
  • Accounts Receivable Personnel;
  • Others who are working within accounts receivable process or who wish to develop a practical toolkit to complement their existing professional or technical skills.

What am I going to learn?

  • Know the importance of an internal collection procedures manual
  • Understand the accounts receivable life cycle
  • How to design and implement a collection policy effectively
  • Be able to evaluate and update the collection policy
  • Prepare the information for the composition of the internal collection procedures manual

This course consists in five chapters, in the first chapter, we will see the importance of a collection policy in companies and an overview of payment practices in some countries.

Next, we will look the accounts receivable life cycle in order to design the collection policy.

In the third chapter, we go to see how to implement effective policies and procedures and the suggested contents for the elaboration of the collection manual.

Then, we’ll show the analysis of the collection measures of performance and the implementation of corrective measures for the update of the collection policy.

Finally, we will see the potential contents for a collection manual and an example of a collection policy manual.

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