Trade
Credit; What CEOs, Business Owners and Top Managers Should Know About
One
Of,
If Not Their Largest Asset
A critical
business function whose true potential has long been obscured by a
focus on risk management, B2B/Trade Credit and A/R Management represent
a
Profit Center waiting to happen.
80 to 90 % or more of B2B Sales involve credit terms (payment at a
later date).
As commercial lenders have cut back on business lending the use of
trade credit
has grown. A recent survey on the economic crisis, covering 3500
companies in 20
countries, showed that in all but six of those countries the use of
trade credit had risen during the economic downturn.
In the
had grown by nearly $100 billion since the end of 2008.
Accounts receivable (A/R) is one of if not the largest asset of a
company
selling on credit terms.
On average the A/R represents 40% of total assets and as more
trade
credit is extended it will only increase in size.
B2B / Trade Credit is a critical business function whose true profit
potential
is still largely Unrecognized and Underutilized.
Based on the field developed, time proven and copyrighted Profit System of B2B
/ Trade Credit and A/R Management... this one day program
provides top
business managers with new understandings and insights and
covers
the major components and goals for each, customizing procedures,
people
requirements and new profit directed monitoring tools and
performance
measurements.
Video Clip of
WalkingBear Presentation in Dublin
A 3 hour In-House
Presentation explaining the proven Profit
System of B2B Credit Management.
We recommend that top managers from Sales, Operations, Customer Service
and Finance attend, along with the CEO.
A 3 hour rudimentary
policies and procedures development session with selected key
managers from Sales, Operations, Customer Service and Finance. A
Comprehensive
Policy and Procedure Development Guide is Provided
Three 1 hour
telephone
follow-up sessions over the following 45 days
Topics
Covered During the
Program
The
Policy and
Procedure Development Guide
Used during the
afternoon
session, the guide incorporates the client's specific and unique
knowledge
with the copyrighted Profit System
and provides a format for the development
of policies and procedures.
The
Three 1 Hour
Telephone Follow-Up Sessions
Following the
In-House
portion of the program, developing P&P will be reviewed and further
refined
during 3 one hour telephone sessions at 15 days , 30 days and 45 days.
The
client may accelerate this schedule to a shorter timeframe.
In
Addition
Three copies of
the
international book The Best
Kept Profit Secret: The Executive's Guide to
Transforming a Cost Center Into a Profit Center will be provided
prior to the
In-House portion of the program. Based on the Profit System and
co-authored by WalkingBear this book will supplement the program
material
and help facilitate the Policy and Procedures Development.
Saturday
Sessions available
Benefits/Payback
from this
Training and Development Program
*More and Larger New Sales
*More and Larger Repeat Sales
*Higher Customer Service and Retention Levels
*Direct Support of the Marketing, Sales, and Purchasing Efforts
*New Levels of Efficiency Both Internally and Externally
*Improved Staff Cooperation and Morale
*Good Cash Flow and Controlled Losses
*A Competitive Advantage and Enhanced Profitability
No Sexy
Spreadsheets...Just proven practical knowledge that is understandable
and applicable
Take the CEO
Quiz
|
"I
promise that you'll not only come to see
credit as a profit center, you'll learn how to make it happen." |
In his own words |