Debt recovery is an important business skill that can be a great asset to any company. However, debt recovery is not easy and needs training. There are many types of business debts including bad debt, credit card debt, trade debt, unpaid invoices and more. In order to recover these debts efficiently, you should first understand what type of debt it is and how to collect it.
Our Training Course.
This qualification will offer the learner knowledge and skills in ethics, personal effectiveness within the debt recovery context, the application of the legalities in the liquidation of debt, the management of debtor and credit grantor portfolios and the facilitation of oral and written communications for the purposes of effective debt recovery.
The learning objective of the training program is that on completion of the course, a learner will obtain sufficient knowledge and skills to operate confidently in debt recovery and credit management positions.
What will be covered:
- Understand the scope of debt recovery and its role within a business environment.
- Understand ethical responsibilities in relation to debt recovery.
- Apply the legalities involved in liquidating debts.
- Manage debtor portfolios effectively and efficiently.
- Facilitate effective oral and written communications for debt recovery purposes.