The Accounts Receivable Optimization – Planning, Organising and Best Practice Training Course offered at Oxford Training Centre is designed to provide finance professionals with the knowledge, tools, and techniques needed to manage accounts receivable with maximum efficiency and strategic impact. Covering both operational and strategic aspects, the programme equips participants with the ability to improve cash flow, enhance collection processes, and implement accounts receivable best practices across the organisation.
Participants will explore methods for accounts receivable planning and organising, with a focus on improving processes, reducing overdue receivables, and ensuring compliance with established credit policies. The course addresses how receivables management and optimisation contributes to overall financial stability, while integrating accounts receivable workflow optimisation and performance monitoring techniques for sustainable results.
With a strong emphasis on receivables collection and cash flow optimisation, the programme examines tools and strategies for effective debtor management. It covers both the tactical side of receivables processing and the strategic perspective required for best practices in accounts receivable management, allowing professionals to reduce risk, enhance operational controls, and improve efficiency.
Positioned within the broader context of Accounting Finance and Budgeting Training courses, this training bridges operational accounts receivable functions with strategic financial management, ensuring participants are equipped with the skills for long-term receivables optimisation and organisational growth.
Objectives
- Implement accounts receivable best practices to improve operational efficiency.
- Design and execute accounts receivable planning and organising frameworks for optimal results.
- Apply receivables planning and control techniques to reduce overdue balances.
- Integrate accounts receivable process improvement into existing workflows.
- Develop effective accounts receivable management strategies aligned with corporate goals.
- Apply receivables optimisation for finance teams to strengthen cash flow.
- Execute accounts receivable performance improvement plans with measurable KPIs.
- Utilise forecasting and analysis for receivables planning and forecasting.
- Establish robust accounts receivable policy and procedure training frameworks.
- Enhance accounts receivable management skills for leadership in financial operations.
Target Audience
- Accounts receivable managers seeking advanced accounts receivable management training.
- Credit controllers and collection specialists focusing on receivables collection and cash flow optimisation.
- Finance managers and controllers responsible for accounts receivable and cash flow management.
- Accountants and finance officers aiming to improve accounts receivable process control.
- Treasury and cash management teams involved in receivables planning and forecasting.
- Corporate finance teams looking to strengthen receivables management and optimisation.
- Team leaders in finance departments undertaking accounts receivable efficiency training.
- Business owners seeking to apply best practices in accounts receivable management.
How Will Attendees Benefit?
- A solid understanding of accounts receivable optimization training course frameworks.
- Expertise in applying accounts receivable management strategies to support corporate finance objectives.
- The ability to enhance processes through accounts receivable process improvement initiatives.
- Skills in accounts receivable workflow optimisation for improved efficiency.
- Competence in receivables planning and control techniques to maintain healthy cash flow.
- Proficiency in using forecasting for receivables planning and forecasting.
- Improved decision-making skills through accounts receivable performance improvement analysis.
- Practical knowledge of establishing effective accounts receivable policy and procedure training programmes.
- Leadership capabilities in strategic receivables management course implementation.
Course Content
Module 1: Introduction to Accounts Receivable Optimisation
- Understanding the role of receivables management and optimisation in business performance.
- The link between accounts receivable and cash flow management.
- Identifying inefficiencies and areas for improvement in receivables operations.
Module 2: Accounts Receivable Planning and Organising
- Frameworks for accounts receivable planning and organising.
- Setting realistic credit and collection policies.
- Aligning receivables planning with broader financial objectives.
Module 3: Accounts Receivable Best Practices
- Applying best practices in accounts receivable management for efficiency.
- Techniques for ensuring policy compliance.
- Maintaining customer relationships while optimising collections.
Module 4: Receivables Collection and Cash Flow Optimisation
- Strategies for receivables collection and cash flow optimisation.
- Tools for accelerating payments and reducing debtor days.
- Managing disputes and payment delays effectively.
Module 5: Process Improvement and Workflow Optimisation
- Applying accounts receivable process improvement methodologies.
- Integrating accounts receivable workflow optimisation into operations.
- Leveraging automation to improve process speed and accuracy.
Module 6: Performance Monitoring and Control
- KPIs for accounts receivable performance improvement.
- Implementing accounts receivable process control measures.
- Analysing receivables data for informed decision-making.
Module 7: Policy, Procedure, and Compliance
- Establishing accounts receivable policy and procedure training frameworks.
- Ensuring compliance with legal and regulatory requirements.
- Managing risk in receivables operations.
Module 8: Strategic Receivables Management
- Linking operational improvements to strategic receivables management course objectives.
- Coordinating receivables with corporate finance strategies.
- Long-term planning for receivables optimisation for finance teams.