Accounts Receivable Professional (Advanced)

Methodology

This course demonstrates theoretical and practical core topics and introduces Excel for managing Accounts Receivable. The course also features role-playing and presentations by participants.

Course Objectives

By the end of the course, participants will be able to:

Develop effective credit policies that meet a company’s objectives

Use billing best practices techniques

Employ effective collection policies

Partner with the sales force for the benefit of the company

Evaluate the Accounts Receivable process and implement best practices

Apply tools and techniques to monitor AR performance effectively

Target Audience

Accounts Receivable department managers, credit managers, AR staff, AR and revenue accountants, credit officers, billing and collection clerks, AR specialists, and professionals in accounting, finance, operations, and sales who interact with the Accounts Receivable and credit department.

Target Competencies

Managing Accounts Receivable

Understanding the implications of credit decisions and policy

Accounts Receivable analysis

Collection techniques

Adopting efficient billing techniques

Preparing accounts receivable aging report

Monetizing accounts receivable

Utilizing Excel functions