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In this course, we examine the various types of software available to the credit department. We examine the costs and the risks of credit department automation.
The program describes the potential benefits of credit automation, along with an examination of the costs of automation. We discuss debits and credits, the primary building blocks of accounting and financial statements. We also examine some of the myths and misconceptions in connection with credit department automation.
Learning Objectives
- Identify and recognize what the various types of credit support software are capable of doing.
- Identify the risks and costs as well as the benefits of purchasing the software available.
- Discover how the various types of software programs reduce costs, accelerate debt collection, and reduce bad debt losses.
- Explore the main justifications for automation, and the counter-arguments against acquiring software.
Last updated/reviewed: November 21, 2019
5 Reviews (16 ratings)Reviews
Anonymous
()
Title has nothing to do with course. The material is on best practices for credit risk management. Instructor read the slides 90% of the time.
Anonymous
(Senior Credit Analyst)
The course video was unrelated to the course supporting material slides. The course slides were at least useful.
Anonymous
(Finance Manager)
the material covered in the videos is different from the pdf and the exam.
Simon Adell
(Chief Financial Officer at Undisclosed)
A very practical overview of a relevant topic.
Rich Housman
(Chief Financial Officer at Venus Wafers Inc.)
Course had nothing to do with the title
Prerequisites
Course Complexity: Foundational
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .