COURSE OUTLINE

  • The current challenges in the credit environment.
  • Understanding today’s customer in the business of credit.
  • Use of credit as a marketing tool.
  • The pillars of credit and how to use them to improve your cash flow.
  • Parameters to facilitate quality assessment.
  • Qualities of collection staff.
  • Credit appraisals/scoring/limits (case studies)
  • The six cardinal laws governing Credit Management.
  • Golden approach to collections.
  • Psychological preparation of customers to pay you.
  • Effective methods of monitoring and controlling debts.
  • The ten golden steps in debt collection.
  • Effective collection methods. (case studies)
  • From experience to modern ways of collecting money.
  • Total solution to debt problems.

CREDIT MANAGEMENT DRIVERS

  • Conflict Resolution/Negotiation and effects on collections.
  • Public Relations & Image management as tools of collections.
  • Personal branding as tools of collections

COMMERCIAL CONCLUSION OF DEBTS

  • Dealing with unmanageable debts
  • Debts and third party collections
  • Open discussions on debt problems

ACCRUING BENEFITS OF ATTENDING THIS COURSE

  1. Obtain all information leading to quality customers before granting credit.
  2. Interpret all information from the prospective customers into credit values.
  3. Give the right credit limit to the customers
  4. Monitor and control debt levels leading to better cash flow.
  5. Handle and overcome virtually any non- payment excuse.
  6. Stress the benefits of payment rather than the consequences of non payment.
  7. Persuade customers to pay without sacrificing goodwill.
  8. Increase the organizations businesses by use of credit as a tool of marketing.
  9. Improve on the customers relationships for improved business.

COURSE CO-ORDINATOR – P.K. KAIRU

Mr. Kairu is a long standing Credit expert having graduated in UK in the field of Credit Management.  He worked in various financial institutions at managerial levels before starting the first school of its kind in Kenya-Kenya School of Credit Management– an institution in Kenya that trains people in the latest tools to handle credit/debts.

Mr. Kairu introduced the career of credit management in Kenya and wrote the first curriculum that was used by KASNEB to examine students since the year 2001 up to the recent changes. He has written the first local book in credit management ‘CREDIT MANAGEMENT’ that is a recommended study guide for KASNEB students and all stakeholders of credit business.

Mr. Kairu is the Director of Studies at the Kenya School of Credit Management, an associate member of Gretsa University senate and a lecturer of the core subject – Credit Management.

FEES AND RELATED CHARGES

  • To be discussed

 CLASS/GROUP

  • The class/group should be maximum forty participants for effective training

CERTIFICATION

  • All participants will be issued with a certificate at the end the training

DURATION

  • Three days per group (recommended)

PLEASE FILL IN THE FORM BELOW TO BOOK THE SEMINAR