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Course AF-058

Credit Control and Collections Management

Sales only create value when customers pay. Weak credit control ties up cash in overdue receivables, increases bad debts and forces organisa... The outline covers The Role of Credit Management, Assessing Customer Credit...

  • 5 daysClassroom or online
  • 49Upcoming dates
  • 12Cities
  • €1,825Fees from

Choose your format and date

  • 5 days
  • 09:00–14:00
  • Certificate of attendance

Classroom sessions

  1. 7–11 Dec 2026

    Barcelona

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  2. 14–18 Dec 2026

    Frankfurt

    €2,175 + VAT
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  3. 21–25 Dec 2026

    London

    €2,915 + VAT
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  4. 4–8 Jan 2027

    London

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  5. 11–15 Jan 2027

    Barcelona

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  6. 18–22 Jan 2027

    Frankfurt

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  7. 25–29 Jan 2027

    Cape Town

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  8. 1–5 Feb 2027

    Dubai

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  9. 8–12 Feb 2027

    London

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  10. 15–19 Feb 2027

    Barcelona

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  11. 22–26 Feb 2027

    Frankfurt

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  12. 1–5 Mar 2027

    Frankfurt

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  13. 8–12 Mar 2027

    Geneva

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  14. 15–19 Mar 2027

    London

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  15. 22–26 Mar 2027

    Barcelona

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  16. 5–9 Apr 2027

    Barcelona

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  17. 12–16 Apr 2027

    Frankfurt

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  18. 19–23 Apr 2027

    Istanbul

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  19. 26–30 Apr 2027

    London

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  20. 3–7 May 2027

    London

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  21. 10–14 May 2027

    Barcelona

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  22. 17–21 May 2027

    Frankfurt

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  23. 24–28 May 2027

    Kuala Lumpur

    €2,425 + VAT
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  24. 7–11 Jun 2027

    Barcelona

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  25. 14–18 Jun 2027

    Frankfurt

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  26. 21–25 Jun 2027

    London

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  27. 5–9 Jul 2027

    Frankfurt

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  28. 12–16 Jul 2027

    Munich

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  29. 19–23 Jul 2027

    London

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  30. 26–30 Jul 2027

    Barcelona

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  31. 2–6 Aug 2027

    Barcelona

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  32. 9–13 Aug 2027

    Frankfurt

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  33. 16–20 Aug 2027

    Paris

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  34. 23–27 Aug 2027

    London

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  35. 6–10 Sep 2027

    Barcelona

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  36. 13–17 Sep 2027

    Frankfurt

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  37. 20–24 Sep 2027

    London

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  38. 4–8 Oct 2027

    Vienna

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  39. 11–15 Oct 2027

    London

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  40. 18–22 Oct 2027

    Barcelona

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  41. 25–29 Oct 2027

    Frankfurt

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  42. 1–5 Nov 2027

    Frankfurt

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  43. 8–12 Nov 2027

    Amsterdam

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  44. 15–19 Nov 2027

    London

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  45. 22–26 Nov 2027

    Barcelona

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  46. 6–10 Dec 2027

    Barcelona

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  47. 13–17 Dec 2027

    Frankfurt

    €2,175 + VAT
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  48. 20–24 Dec 2027

    Cape Town

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  49. 27–31 Dec 2027

    London

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Online / Live sessions

  1. 7–11 Dec 2026

    Live virtual classroom

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  2. 14–18 Dec 2026

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  3. 21–25 Dec 2026

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  4. 4–8 Jan 2027

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  5. 11–15 Jan 2027

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  6. 18–22 Jan 2027

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  7. 25–29 Jan 2027

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  8. 1–5 Feb 2027

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  9. 8–12 Feb 2027

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  10. 15–19 Feb 2027

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  11. 22–26 Feb 2027

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  12. 1–5 Mar 2027

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  13. 8–12 Mar 2027

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  14. 15–19 Mar 2027

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  15. 22–26 Mar 2027

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  16. 5–9 Apr 2027

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  17. 12–16 Apr 2027

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  18. 19–23 Apr 2027

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  19. 26–30 Apr 2027

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  20. 3–7 May 2027

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  21. 10–14 May 2027

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  22. 17–21 May 2027

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  23. 24–28 May 2027

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  24. 7–11 Jun 2027

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  25. 14–18 Jun 2027

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  26. 21–25 Jun 2027

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  27. 5–9 Jul 2027

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  28. 12–16 Jul 2027

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  29. 19–23 Jul 2027

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  30. 26–30 Jul 2027

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  31. 2–6 Aug 2027

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  32. 9–13 Aug 2027

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  33. 16–20 Aug 2027

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  34. 23–27 Aug 2027

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  35. 6–10 Sep 2027

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  36. 13–17 Sep 2027

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  37. 20–24 Sep 2027

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  38. 4–8 Oct 2027

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  39. 11–15 Oct 2027

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  40. 18–22 Oct 2027

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  41. 25–29 Oct 2027

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  42. 1–5 Nov 2027

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  43. 8–12 Nov 2027

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  44. 15–19 Nov 2027

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  45. 22–26 Nov 2027

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  46. 6–10 Dec 2027

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  47. 13–17 Dec 2027

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  48. 20–24 Dec 2027

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  49. 27–31 Dec 2027

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Introduction

Course overview

Sales only create value when customers pay. Weak credit control ties up cash in overdue receivables, increases bad debts and forces organisations to borrow to fund their own customers. Strong credit management, on the other hand, protects liquidity while still supporting sales growth.

This Credit Control and Collections Management training course covers the full order-to-cash credit cycle. Participants learn how to assess customer creditworthiness, set credit limits and terms, design credit policies, monitor receivables and run effective collection processes that recover cash without damaging valuable customer relationships.

The course also covers dispute resolution, escalation and legal recovery options, credit insurance and other risk transfer tools, receivables metrics and the use of automation and analytics to make credit teams more productive.

View full course outline

What you will achieve

Learning objectives

  • Explain the impact of credit management on cash flow, profitability and customer relationships
  • Assess customer creditworthiness using financial, behavioural and external information
  • Set credit limits, payment terms and security requirements appropriate to risk
  • Design a credit policy with clear responsibilities, approval levels and procedures
  • Run structured collection processes using effective communication techniques
  • Resolve disputes and deductions quickly by working with sales and operations
  • Use escalation, legal recovery, credit insurance and factoring options appropriately
  • Measure credit performance using DSO, ageing, bad debt and collection effectiveness indicators

Who should attend

Target audience

  • Credit controllers and credit managers
  • Accounts receivable and collections staff
  • Finance managers and financial controllers
  • Treasury and cash management professionals
  • Sales managers responsible for customer accounts
  • Shared service centre team leaders
  • Business owners managing customer credit

Methodology

Learning approach

  • The course is practical and interactive. Participants analyse customer financial statements, set credit limits for sample accounts, review ageing reports and practise collection calls and negotiations through role-plays. Case studies illustrate both successful credit recovery and costly failures, and participants draft improvements to their own credit procedures.

Complete course outline

Five focused days of learning and application

The timings provided are estimates and may vary depending on the number of participants and the discussions taking place during the sessions. They are indicative only and do not constitute a binding commitment.

Day 1

The Role of Credit Management

  1. Credit and Cash Flow: How receivables affect liquidity and financing costs
  2. The Order-to-Cash Cycle: Responsibilities from order entry to cash application
  3. Balancing Sales and Risk: Working with commercial teams to support growth
  4. Coffee break
  5. Credit Policy Fundamentals: Objectives, scope, authority and procedures
  6. Legal Basics of Credit: Contracts, terms and conditions and retention of title
  7. Organising the Credit Function: Centralised, regional and shared service models
  8. Case Study: Reviewing a company whose sales grew while cash fell

Day 2

Assessing Customer Credit Risk

  1. Sources of Credit Information: Financial statements, references, agencies and payment history
  2. Financial Analysis for Credit: Liquidity, leverage and profitability ratios
  3. Credit Scoring Models: Combining financial and non-financial factors
  4. Setting Credit Limits: Methods and review triggers
  5. Coffee break
  6. Setting Credit Limits: Methods and review triggers (continued)
  7. Securing Credit: Guarantees, letters of credit, deposits and collateral
  8. Managing High-Risk and Strategic Accounts: Special terms and monitoring
  9. Practical Exercise: Assessing three customers and recommending credit limits

Day 3

Effective Collections

  1. Designing the Collection Process: Reminders, calls, escalation and timelines
  2. Segmenting Customers: Prioritising effort by value, risk and behaviour
  3. Collection Communication Skills: Tone, persistence and professionalism
  4. Coffee break
  5. Handling Excuses and Promises to Pay: Securing firm commitments
  6. Payment Plans and Negotiated Settlements: When and how to agree them
  7. Written Communication: Effective reminder letters and emails
  8. Role-Play: Collection calls with cooperative and difficult customers

Day 4

Disputes, Recovery and Risk Transfer

  1. Root Causes of Disputes: Pricing, delivery, quality and invoicing errors
  2. Dispute Resolution Process: Logging, ownership and resolution targets
  3. Escalation Options: Account holds, final demands and third-party collection
  4. Legal Recovery: Overview of claims, insolvency and enforcement procedures
  5. Coffee break
  6. Legal Recovery: Overview of claims, insolvency and enforcement procedures (continued)
  7. Credit Insurance and Factoring: Protecting and accelerating receivables
  8. Provisioning and Write-Offs: Accounting for doubtful debts
  9. Workshop: Designing a dispute management procedure

Day 5

Measuring and Improving Credit Performance

  1. Key Credit Metrics: DSO, best possible DSO, ageing and collection effectiveness index
  2. Credit Reporting: Dashboards for finance and sales leadership
  3. Automation and Analytics: Collection workflows, payment portals and risk prediction
  4. Cash Application and Reconciliation: Reducing unapplied cash
  5. Coffee break
  6. Cash Application and Reconciliation: Reducing unapplied cash (continued)
  7. Team Management: Targets, incentives and skills development
  8. Continuous Improvement: Reviewing policy and process effectiveness
  9. Action Planning: A credit improvement plan for participants' organisations

Ready to book?

Credit Control and Collections Management

Next session: 7 - 11 December 2026, Barcelona

Course FAQs

Questions about this course

What participants and training managers usually ask before booking Credit Control and Collections Management. Can't find your answer?

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What does Credit Control and Collections Management (AF-058) cover?

This course covers Accounting and Finance through a structured five-day outline focused on practical application, discussion, and implementation planning.

When is the next available session?

The next scheduled session starts on 21 - 25 December 2026. See the course schedules section for the available dates and delivery formats.

Who should attend this course?

Credit controllers and credit managers, Accounts receivable and collections staff, Finance managers and financial controllers

Is bilingual course delivery available?

Yes. All course materials and presentations are provided in English, while bilingual explanation and discussion support may be available depending on the selected location and trainer availability. For example, when attending a course in Istanbul, you may request a Turkish-speaking trainer to explain the English course content in Turkish. Arabic explanation support may also be requested at this location. Other languages are available in selected cities. You can choose your preferred language support as an optional preference during registration.

How can I register for a session?

Use any Register button next to the available course dates to open the participant registration page and submit your booking request for the selected session.

Is this course available online as well as classroom-based?

Check the course schedules section for currently published classroom and Online / Live sessions.

Where are classroom sessions delivered?

Current classroom venues include London, Barcelona, Frankfurt, Cape Town, Dubai, Geneva, Istanbul, Kuala lumpur, Munich, Paris, Vienna, Amsterdam.

How long is the training programme?

The programme runs for five days from 09:00 to 14:00, which gives 25 contact hours, including a daily 30-minute break (22.5 hours of instruction).