Training package In Modern tools in organizing and managing collections – Material Drive

Description

Cash
is considered to be the lowest and most important productive asset in
enterprises. It is the least productive asset because it does not enter directly
into the production process such as machinery and stock of the goods. The most
important monetary assets because it is the one that moves the daily work in
the project and no project can succeed without sufficient cash to meet the
needs. The projects will suffer from risks, costs and losses if the collection
processes are not efficient and effective to achieve the appropriate amount of
cash to run the project activity, which requires management of the cash
.

What Will I Learn?

  • Revenue cycle and receipts
  • Accounting treatment of revenues and cash receipts in accordance with international standards
  • Statement of cash flows and their role in cash management
  • Advanced strategies for collection systems
  • Advanced models for predicting cash receipts
  • Internal control procedures for collection operations
  • Designing a system to control cash receipts

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