Duration 3 days
100% positive reviews
0 student
Assessments: Yes
Language English
Available on the app
Unlimited access forever
Skill level: All levels
Managing the Cash Cycle: Accounts Receivables and Payable Best Practices is a vital course aimed at financial professionals seeking to optimize cash flow through effective management of accounts receivable and payable. This three-day training will equip participants with practical tools and strategies to enhance cash management, minimize risks, and improve operational efficiency.
Description
Curriculum
Instructor
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In today’s dynamic business environment, effective management of accounts receivable (AR) and accounts payable (AP) is crucial for maintaining a healthy cash cycle. This course delves into best practices for AR and AP management, providing participants with insights into optimizing cash flow, reducing outstanding receivables, and negotiating better payment terms with suppliers.
Course Objectives
By the end of this training, participants will be able to:
Understand the cash conversion cycle and its impact on liquidity.
Implement best practices for managing accounts receivable and payable.
Analyze cash flow trends to make informed financial decisions.
Develop strategies to minimize overdue receivables and optimize payment terms.
Utilize technology and automation tools for efficient cash cycle management.
Personal Impact
Participants will enhance their skills in cash management, enabling them to play a pivotal role in their organization’s financial health. They will gain the confidence to implement best practices that improve cash flow and strengthen relationships with customers and suppliers.
Organizational Impact
Organizations will benefit from streamlined cash management processes, leading to improved liquidity and financial stability. This training empowers finance teams to effectively manage working capital, reducing risks associated with cash flow fluctuations.
Target Audience
Finance professionals and analysts
Accounts receivable and payable managers
Treasury professionals
Financial controllers and accountants
Anyone involved in cash management and operational finance
Training Methodology
The training utilizes a combination of instructional methods, including:
Lectures: Covering fundamental concepts of cash cycle management.
Case Studies: Analyzing real-world scenarios to identify best practices.
Interactive Workshops: Hands-on exercises for practical skill development.
Group Discussions: Facilitating collaborative learning and knowledge sharing.
Key Benefits
Master best practices in accounts receivable and payable management.
Improve cash flow forecasting and liquidity management skills.
Enhance ability to negotiate favorable terms with customers and suppliers.
Leverage technology for efficient cash cycle management.
Enhance your cash cycle management skills today! Register for Managing the Cash Cycle: Accounts Receivables and Payable Best Practices and equip your organization with the tools needed for optimal cash flow management