Course information

Introduction to Credit Control Course Outline

Module 1: What is Credit Control?

  • What is Credit?
  • What is Credit Control?
  • Cash Flow
  • Credit Control
  • Collection Process
  • Customer

Module 2: Why is Credit Control Important and What is its Purpose?

  • Credit Control
    • Benefits of Credit Control
    • Control Procedures Before Providing Credit
    • Credit Policy
  • Purpose of Credit Control
    • Setting a Credit Limit
    • Invoice
    • Attention to Detail

Module 3: Impact of Debt

  • Unmanageable Debt
  • Unmanageable Debt Indicators
  • Late Payment of Commercial Debts Act 1998
  • Late Payments
  • Debt Collection

Module 4: Credit Assessments

  • What are Credit Assessments?
  • Credit Worthiness
  • Credit Assessments
    • Credit Score
    • County Court Judgement (CCJ)
    • Companies Act
  • Credit Agreement
  • Credit Insurance

Module 5: Collection Process

  • Credit
  • Credit Limit
  • Credit Risk
  • Credit Control Department
  • Payment Cycle
  • Chasing an Overdue Payment
  • Approval Stages
  • Release of Payment
  • Allocation of Payment
  • Remittance Advice
  • Overdue Payment
  • Purchase Order
  • Common Issues Behind Overdue Payments
  • Dealing with a Query
  • Outcome of the Query
  • Stand-Off
  • Documentation

Module 6: Becoming a Credit Controller

  • Credit Controller
  • Asking the Right Questions
  • Chasing of Payment

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Who should attend this Introduction to Credit Control Course?

This Introduction to Credit Control Training Course in New Delhi is designed for individuals who are looking to enhance their understanding in the concepts of Credit Control and its role in Financial Management. This course will benefit the following professionals:

  • Credit Managers
  • Accountants
  • Sales Representatives
  • Customer Service Representatives
  • Financial Managers
  • Administrative Personnel
  • Professional Bankers

Prerequisites of the Introduction to Credit Control Course

There are no formal prerequisites to attend this Introduction to Credit Control Course.

Introduction to Credit Control Course Overview

The Introduction to Credit Control Course in New Delhi provides participants with a comprehensive introduction to the principles and practices of credit control, a vital function within finance and business operations. Credit control involves managing and monitoring credit granted to customers, ensuring timely payments, and minimizing credit risks. This course's relevance lies in equipping individuals with the skills needed to manage healthy financial environments. Understanding Credit Control is essential for professionals in finance, accounting, and business administration. Credit Controllers, Finance Managers, and individuals responsible for managing receivables should aim to master this subject to ensure the smooth flow of funds and minimize bad debt risks. The Introduction to Credit Control Course in New Delhi provides a foundational understanding of credit management, making it indispensable

The Knowledge Academy’s 1-day Introduction to Credit Control Course in New Delhi itself offers specific benefits to its participants. It provides a structured learning environment, often with expert instructors who have real-world experience in credit management. This course includes case studies, practical exercises, and interactive sessions, making the learning process engaging and applicable to real-life scenarios.

Course Objectives

  • To understand the fundamentals of credit management and its impact on personal and business finance.
  • To learn effective strategies for assessing creditworthiness and managing credit risk.
  • To gain insights into legal aspects and ethical practices in credit control.
  • To develop practical skills for effective credit collection and debt recovery.
  • To enhance decision-making abilities regarding credit policies and customer credit extensions.

Upon completing the Introduction to Credit Control Course in New Delhi, delegates will benefit from enhanced knowledge and practical skills in credit control. They will be able to effectively manage credit, evaluate creditworthiness, and minimize credit risks, contributing to the financial stability and success of their organizations. 

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What’s included in this Introduction to Credit Control Course?

  • World-Class Training Sessions from Experienced Instructors  
  • Introduction to Credit Control Certificate
  • Digital Delegate Pack

Why choose us

Our New Delhi venue

Includes..

Free Wi-Fi

To make sure you’re always connected we offer completely free and easy to access wi-fi.

Air conditioned

To keep you comfortable during your course we offer a fully air conditioned environment.

Full IT support

IT support is on hand to sort out any unforseen issues that may arise.

Video equipment

This location has full video conferencing equipment.

New Delhi is one of the districts within Delhi, as well as it being the capital city of India, it is also the home to the Government of the National Capital Territory of Delhi and some of the branches of the Government of India, these being the judiciary, executive and legislative branches and is also home to around 249,998 people. The capital of India - New Delhi was initiated within 1931 by Viceroy Lord Irwin however formed during 1911 by George V, who was the King of the United Kingdom as well as the Emperor of India and his British architects Sir Herbert Baker and Sir Edwin Lutyens formed the foundation stone and announced the capital city of India would be changed. The primary schools and secondary schools within New Delhi are either run privately or by the government and as of 2004 to 2005 there was around 1.5 million students going through the educational system within 2416 primary schools, 822,00 students in 715 middle schools and 669,000 students in 1576 secondary schools and around 500,000 students within 165 universities and colleges. All universities are either state, deemed or central universities, The top universities within New Delhi are the Jamia Millia Islamia, the University of Delhi, Indian Statistical Institute, National Law University, Jawaharlal Nehru University, Guru Gobind Singh Indraprastha University, Ambedkar University Delhi, Jamia Hamdard, Delhi Technological University – which is the first Engineering college within Delhi and one of the oldest in India, the Indira Gandhi National Open University is the largest national university in the world with over 4 million students, New Delhi is also home to the Indian Agricultural Research Institute, Pusa, New Delhi, Premier institute for agricultural research and education in India. The university courses and programs can offer different types of degrees such an undergraduate and post graduate courses, Bachelor courses and Scholarships, New Delhi prides itself on its premier institutions as the teaching and researching they do means that within 2011 the census recorded the literacy rate for females as 80.9% and for males it was slightly higher at 91.0% with an overall literacy rate of 86.3%. Subjects within the different universities can include, social sciences, engineering, humanities, technology, sports, law, social work, arts, management, education, computer information technology, foreign languages, mathematical science, dentistry and medical. 

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Address

Pioneer Institute of Education and Computer Studies
F322/A, 3rd Floor
Adarsh House (Above PNB Bank)
Old MB Road
Lado Sarai
New Delhi
110030

T: +91 8037244591

Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Accounting And Finance Training | Introduction To Credit Control Training in New Delhi. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

Unlock your potential with The Knowledge Academy's Accounting And Finance Training | Introduction To Credit Control Training in New Delhi, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.

Experience the most sought-after learning style with The Knowledge Academy's Accounting And Finance Training | Introduction To Credit Control Training in New Delhi. Available in 490+ locations across 190+ countries, our hand-picked Classroom venues offer an invaluable human touch. Immerse yourself in a comprehensive, interactive experience with our expert-led Accounting And Finance Training | Introduction To Credit Control Training in New Delhi sessions.

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Achieve certification without breaking the bank. Find a lower price elsewhere? We'll match it to guarantee you the best value

Streamline large-scale training requirements with The Knowledge Academy's In-house/Onsite at your business premises. Experience expert-led classroom learning from the comfort of your workplace and engage professional development.

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Cut unnecessary costs and focus your entire budget on what really matters, the training.

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What our customers are saying

Accounting And Finance Training | Introduction To Credit Control Training in New Delhi FAQs

Credit Control refers to the process of managing and regulating the extension of credit to customers, ensuring timely payments and minimizing bad debt risks for a business or financial institution.
Credit Control is vital for businesses as it ensures timely payments, maintains cash flow stability, minimizes the risk of bad debts, fostering financial health, and sustainability.
Yes, upon successful completion of the course, delegates will receive the Credit Control Certification, enhancing their prospects for roles as Credit Controllers, Accounts Receivable Clerks, or Financial Analysts across diverse industries.
After completing the Credit Control Training, individuals can pursue careers as Credit Controllers, Accounts Receivable Clerks, or Financial Analysts in various industries, managing credit risk and ensuring timely payments.
Credit Control qualifications offer key benefits like enhanced financial management skills, a deeper understanding of credit policies, improved risk assessment abilities, and stronger decision-making skills in credit management.
There are no prerequisites for signing up for this course.
Credit Control is crucial for businesses as it ensures cash flow stability and minimizes the risk of bad debt. Individuals with credit control qualifications assist in keeping a balanced relationship between sales and credit, protect the company's financial well-being, and support sustainable growth.
The training fees for Introduction to Credit Control certification in New Delhi starts from INR24995
The Knowledge Academy is the Leading global training provider for Introduction to Credit Control.
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Flexible delivery methods are available depending on your learning style.

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Resources are included for a comprehensive learning experience.

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"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

Joshua Davies, Thames Water

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