Debt Collection and Asset Recovery Practices in Hong Kong: A True Collection Practitioner’s Approach

Module Objective:

In this informative and fast paced half day seminar, participants will brush up on their receivable management skills and review proven collection techniques. Through the use of practical exercises and realistic case studies, participants will learn how and when to apply workable cash-producing tools that help turn promises into payments. This program is an excellent review to the credit and collection functions, and for those employees who wish to refine existing receivable management skills. The workshop format offers participants a unique interactive opportunity to discuss with our specialized trainer the collection challenges they face each day on the job.

What to Expect:

• Receivables Management Overview
  
  • Internal receivables management framework
    
  • Relationship with other departments
    
• Manage Your In-House Collection Dept
  
  • Practices that accelerate payment
    
  • Measure your department’s collection effectiveness
    
  • Evaluate collectors’ productivity
    
  • Collection forecasts analysis
    
• Collectibility Models
  
  • Effective collection tools
    
  • Develop your own collectibility models
    
  • Internal control
    
• Planning, Organizing & Controlling Time
  
  • The “To-do-list”
    
  • Organizing and setting priorities
    
  • Successful project control
    
  • Receivables control program
    
  • Third party collection services