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UID:a705cb1d3a54a67c5a026af3289bc289@egytraining.org
SUMMARY:Managing the cash Cycle–Accounts Receivable &#038\; Payable
DESCRIPTION:Introduction\nThe cash cycle plays a crucial role in managing w
 orking capital and generating profit. The better you manage the cash cycle\
 , the more profit you generate. Best practices in accounts receivable and p
 ayable management are central to improving the cash cycle. This course is d
 esigned to help you master these practices and optimize cash flow within yo
 ur organization. By understanding the financial management cycle\, you will
  gain the tools needed to enhance cash management and working capital strat
 egies effectively.\nCourse Objectives\nBy the end of this course\, particip
 ants will be able to:\n\nEnhance their understanding of the accounting envi
 ronment\, key financial statements\, and IFRS.\nIdentify best practices for
  managing accounts receivable and improve credit terms management.\nLearn i
 nventory and supply chain management best practices.\nIdentify strategies f
 or effective accounts payable management.\nImprove skills in cash and worki
 ng capital management using the latest tools and technology.\nDeepen their 
 understanding of the cash cycle and how to manage it efficiently.\nLearn ho
 w to optimize cash flow and streamline working capital processes.\n\nCourse
  Outlines\nDay 1: Introduction to Accounts Receivable\n\nWorking capital an
 d cash management fundamentals.\nUnderstanding the "cost of credit" and its
  impact on cash flow.\nThe "order to cash" process and its relation to the 
 cash cycle.\nManaging credit risk in accounts receivable.\nBest practices f
 or customer service to improve cash collection.\nIdentifying underperformin
 g areas to enhance customer satisfaction.\nTools and techniques for financi
 al analysis: ratios\, trends\, and common size analysis.\n\nDay 2: Developi
 ng Effective Strategies to Maximize Cash Collection\n\nIdentifying pre-deli
 nquency collection strategies.\nDefining post-delinquency activities and st
 rategies.\nCustomer-sensitive collection techniques.\nCollection methods an
 d letter cycles.\nInternal and external escalation steps for delayed paymen
 ts.\nUsing workflow management to optimize collector performance.\nPractica
 l tools for improving collections.\n\nDay 3: Managing the Receivables Ledge
 r\n\nBuilding effective internal relationships to enhance performance.\nSet
 ting targets and tracking performance using KPIs.\nManaging financial data 
 to highlight performance indicators.\nLatest developments in accounts recei
 vable management.\nUnderstanding the financial role of accounts payable in 
 the broader financial context.\n\nDay 4: Achieving World-Class Accounts Pay
 able Processes\n\nDefining best practices in accounts payable (AP).\nMoving
  beyond the purchase-to-pay (P2P) process.\nRisk management strategies for 
 accounts payable.\nPrinciples of best practice in AP management.\nOptimizin
 g invoice processing and operational management.\nVerifying invoice data an
 d avoiding duplicate payments.\nMaking the most of staff time to improve AP
  operations.\n\nDay 5: Harnessing Technology in Accounts Payable Processes\
 n\nMastering vendor file management for optimal processes.\nManaging polici
 es for travel and entertainment expenses.\nStreamlining cash advances and e
 mployee reimbursements.\nProcess improvements through imaging and workflow 
 automation.\nUsing the internet to enhance AP effectiveness.\nCommunication
  and customer relations for improved payment solutions.\nImproving the P2P 
 cycle with technology-driven solutions.\n\nWhy Attend This Course: Wins & L
 osses!\n\nA deeper understanding of the cash cycle and how to manage it eff
 ectively.\nImproved accounts receivable management with a focus on credit t
 erms and collection strategies.\nThe ability to optimize cash flow using th
 e latest tools and techniques.\nStrategies for improving accounts payable p
 rocesses and minimizing risks.\nInsights into best practices in working cap
 ital management for enhanced profitability.\n\nConclusion\nThis course is a
 n excellent opportunity to master the intricacies of cash cycle management 
 and working capital optimization. You will gain valuable knowledge on manag
 ing accounts receivable and accounts payable\, allowing you to implement st
 rategies that significantly improve cash flow and business profitability.\n
 Register now to learn best practices and leverage the latest tools for fina
 ncial management and cash flow optimization.
LOCATION:Madrid
DTSTAMP:20260614T220916Z
DTSTART:20260628T034500Z
DTEND:20260711T210500Z
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