Credit Control Course

The Credit Control Course is designed for individuals to understand the essentials of credit management and debt control. The professionals understand and learn to evaluate credit management tools and techniques. It is ideal for those pursuing a career in accountancy or bookkeeping. This training helps professionals to gain valuable expertise in the finance and accounting field.

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Accredited By

  • 16 Hours Training
  • Online / Classroom / Onsite
  • 20 Jul, 2024 / 27 Jul, 2024
  • Additional Program Dates
  • 100K+ Happy Students

(600+ Google Reviews)

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What is The Credit Control Course All About?

In the Credit Control Course, individuals learn powerful methods to handle problems with late payments. They will know the skills to extend credit to customers with minimal risk and learn to pursue overdue payments.

Why is The Credit Control Course Important?

The Credit Control Course helps in understanding essential principles. It is a business system ensuring credit is extended only to timely-paying customers. It is considered a vital component of effective business management. As it minimizes bad debts and improves cash flow.

How Does the Credit Control Course Help You Get Hired by Companies?

The Credit Control Course ensures individuals possess the essential skills. This prepares them to seize lucrative career opportunities in this field. Certified professionals are considered highly by organizations. 

Industry Trends

The Credit Control Course is a guide to the shifting landscape of credit risk analysis. It helps in understanding methods to stay updated in understanding creditworthiness factors. This further enables individuals to make informed decisions in this dynamic field. These are some of the notable trends taking place:

  • ⮞ Know Your Customer (KYC) and Know Your Business (KYB) Automation
  • ⮞ Streamlining Digital Onboarding
  • ⮞ Enhancing Cybersecurity
  • ⮞ Automated Analytics and Reports
  • ⮞ AI Decision-Making Tools

Market trends

The Credit Control Course is anticipated for significant growth from 2023 to 2030. In 2022, it's steadily advancing, with key players implementing effective strategies. The market is projected to rise in the coming years.

Salary Trends

The Credit Control Course provides promising career opportunities for Credit Controllers. Many companies offer opportunities for professionals to progress from controller roles to managerial positions.

These are some of the salaries earned by professionals in the MENA region:

  • ⮞ Dubai: AED 6500 monthly
  • ⮞ Saudi Arabia: SAR 15,000 monthly
  • ⮞ Kuwait: KWD 17,020 annually

These figures indicate the lucrative job opportunities and financial rewards that come after completing the Credit Control Course. This makes it a valuable investment in one's career.

Demand & Opportunities

The Credit Control Course is important for effective business management. This increases overall cash flow. A profession in credit control, receivables, and debt recovery promises personal satisfaction. Along with this, it provides financial rewards. It also provides job stability and career advancement. 

Some of the notable job opportunities are as follows:

  1. Senior Lead Credit Controller
  2. Credit Control Team Leader
  3. Lead Credit Controller
  4. Financial Analyst
  5. Financial Accountant

Course Outcome

Successful completion of the Credit Control Course will enable you to:

  • Gain in-depth knowledge of credit management tools and techniques.
  • Master the art of assessing the creditworthiness of your clients.
  • Explore effective chase techniques and methods 
  • Gain expertise in setting up credit checks 
  • Learn how to analyze financial statements and provide informed guidance 

Course Module

  • What is Credit Control?
  • Why is Credit Control Important?
  • The Abilities of a Good Credit Controller
  • The Responsibilities of a Credit Controller
  • Communication Methods
  • The Chase Cycle
  • Chasing Payment: The First Call
  • Common Excuses for Non-Payment
  • Chasing Payment: The Second Call
  • Chasing Payment: The Third Call
  • Chase Letters
  • Example Letters
  • Next Steps
  • Statutory Demands
  • Bankruptcy and Winding Up
  • Voluntary Arrangements
  • Administration Orders
  • VAT and Tax Relief
  • Default Accounts
  • New Customers
  • Credit Checking
  • Credit Insurance
  • Contracts and Invoices
  • Late Payment Legislation
  • Debt Collection Agencies and Solicitors
  • Legal Action
  • Letter before Action
  • Submitting Claims to Court
  • Preparing for a Court Hearing
  • Further Court Action

Program Dates

20 Jul
  • 09:00 AM
  • Sat
  • Classroom
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27 Jul
  • 11:00 AM
  • Sat
  • Online Live
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Expert Instructors & Teaching Methods

Dr Srinivas is a leading industry professional in the field of finance and accounting. He is an established corporate trainer with demonstrated experience in his field. He is the holder of some of the world’s most valued professional credentials such as CMA, CPA, PMP, CCA, CFE, etc. He has an extensive educational background as well in finance which establishes his mettle in designing, developing and delivering excellent training programs. His training records mark exceptional results in guiding and teaching professionals of all experience levels and from diversified backgrounds. He integrates his excellent presentation skills with the knowledge of educational theories and methodologies to provide onsite and virtual training that is of unparalleled quality. His high community services contribution also ascertains his commitment to training potential aspirants to become tomorrow’s professionals.

Education

  • ⦾ Ph.D. in Management, 2018 (Provisional yet to be received) OPJS University, India
  • ⦾ M.Sc. in Applied Psychology 2016, Bhartiyar University, India
  • ⦾ MBA in Finance 2012, Nagarjuna University, India
  • ⦾ LLB 1998, Osmania University, India
  • ⦾ M.Com 1994, Osmania University, India
  • ⦾ B. Com 1990, Osmania University, India

 

Professional Qualifications

 

  • ⦾ Certified Public Accountant, (CPA), The American Institute of Certified Public Accountants, U.S.A
  • ⦾ Certified Management Accountant, (CMA), The Institute of Management Accountants, USA
  • ⦾ Certified Fraud Examiner, (CFE), Association of Fraud Examiners, USA
  • ⦾ Certified Cost Accountant (ICWA-Inter), The Institute of Cost and Works Accountants of India, India
  • ⦾ Project Management Professional (PMP), Project Management Institute

Dr. Srinivas, PhD, MSc, MBA, LLB, CMA, CPA, PMP

Why Count on Learners Point?

Being the leading provider of the Credit Control Course, at Learners Point Academy we help professionals master the necessary skill sets for a successful career ahead.

Following are the USPs our Credit Control Course offers you:

  • We look at real-world scenarios organisations face and formulate our Credit Control Course evaluating practical requirements
  • Apart from theoretical knowledge, we also focus on practical case studies to give you a reality check and insight into what exactly will be asked of you while delivering in a demanding role
  • Our bespoke Credit Control Course also equips you with hands-on experience by offering assignments related to the actual work environment
  • Apart from organising group sessions, we also offer a guided learning experience to enhance the quality of our Credit Control Course.
  • We also take a discrete approach to career guidance so that one can be successfully placed as a professional

Learners Experience

"I highly recommend the Credit Control Course at Learners Point Academy. It's not just a course; it's a career investment. The course material is current, and the support from the instructors is exceptional."

Azan Kafiq

Credit Control Manager

"Completing the Credit Control Course opened doors to various career opportunities. The modules were well-structured, offering a comprehensive understanding of credit management tools and techniques."

James Shelly

Collections Specialist

"I enrolled in the Credit Control Course to enhance my skills, and it exceeded my expectations. The guidance provided by industry experts and the practical approach were invaluable."

Amina Waq

Financial Accountant

"The course not only covered the essentials but also equipped me with hands-on experience through case studies. It's a must for anyone pursuing a career in credit control."

Denvi Haq

Credit Risk Analyst

"The Credit Control Course at Learners Point Academy transformed my understanding of credit management. Practical insights and real-world scenarios provided a solid foundation for my career."

Baban Firaq

Senior Credit Controller

Our Graduates

Our graduates are from big companies, small, companies, they are founders, career changers and life long learners. Join us and meet your tribe!

FAQs on Credit Control Course

There are no specific requirements to apply for the Credit Control Course.

The exam pattern of the Credit Control Certification test is multiple choice questions (MCQs).

The Credit Control exam is computer-based and conducted online.

The individual can take unlimited exam retakes to pass the Credit Control exam.

Yes, practice exams are a part of our Credit Control training: 1) End of Module Multiple Choice Test 2) Final Interactive Assessment Test

The Credit Control Certification exam consists of 100 questions.

There is no negative marking for the Credit Control Course exam.

The passing mark of the Credit Control Course exam is 40%.

Generally, it takes 1-3 working days to receive the certificate of the Credit Control Training.

Yes, the certification earned after completing the Credit Control Training is globally recognized.

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