Trade Credit

Course Overview

This course is fully accredited and endorsed by the FCM in SA.

To be proficient in Trade Credit Management in order to contribute to the purpose of the Credit Industry at large.

The course provides an understanding of the concepts, processes and techniques that underpin best practice across a range of credit environments.

Delegates will become fully aware of all aspects of Trade Credit Management.

The course also provides practical tips and techniques that can be put into effective use.

On successful completion of this course, you should be able to understand, interpret, explain and demonstrate:

1. Understand the principles of Trade Credit Management and how it operates.

2. Understand the legal principles of the relationships arising from contracts.

3. Understand how insurance meets Trade Credit Management needs.

4. Understand fundamental accounting processes in relation to Trade Credit Management.

5. Understand the main terms and methods of payment in domestic Trade Credit Management.

6. Understand the fundamentals of accounts analysis in relation to the setting of credit limits in Trade Credit Management.

During the course, we will look into various aspects of Trade Credit Management and find answers to the following questions:

What is Trade Credit?

Who are the role-players?

What is a Trade Credit Policy?

Who are the End Users of Trade Credit?

How do we assess the Risk in Trade Credit?

How do we manage Trade Credit?

How do we recover Trade Credit extended?