Credit Management

Accounts Receivable Management (ARM)
Businesses do Business (B2B) with one another on credit terms and find it difficult to cope with the stressed times they find themselves in! Does it sound familiar to you? Then this 2 day program for Staff and Management is just the medicine you need. - please request a quote.

The outcomes of this workshop:

  • The Purpose of the Credit Function and its Partnerships
  • Situational Analysis of the Credit Environment
  • Processes
  • The Policies and People in the Credit Function
  • Legislation is an important aspect of ARM
  • Collections and Enforcement is an important part of ARM
  • Altitude depends on Attitude
  • Returns and Profits
  • Implementation and Strategic Change Management.

Legislation impacting on Credit Management
1 day workshops - R 2,950 ex VAT per delegate.

National Credit Act
We have developed this workshop to give delegates a working understanding of the National Credit Act (NCA). Important to note that this training is compulsory in terms of section 163 of the NCA. Some of the important issues that will be dealt with is sections 127 to 130 of the NCA in enforcing the debt. The other important issue is the type and value of claims one has against a debtor, which we find in sections 101 and 102 of the NCA. Prescription and the cap on charges [sec 103 (5)] will also be dealt with.

Consumer Protection Act
We have developed this workshop to give delegates a working understanding of the Consumer Protection Act (CPA). Special emphasis will be placed on sec 40 of the CPA as this directly relates to the negotiation and recovery of debt.

Protection of Personal Information Act
We have developed this workshop to give delegates a working understanding of PoPIA. Special emphasis will be placed on the “data responsible person” and the “data processor” as these two play a vital role in holding personal information on clients and debtors.

Companies Act
We developed this workshop to give delegates a working understanding of the changes to the Companies Act. Delegates will be guided as to the new “forms” of legal entities and also be introduced to the role of the “rescue practitioner” The changes to the capital structures of companies, which in turn could reflect on the collections procedures to be followed, will also be addressed.

Prescription Act
We have developed this workshop to give delegates a working understanding of the Prescription Act.