The Credit Managers Tool Box

Duration 60 Mins
Level Basic & Intermediate & Advanced
Webinar ID IQW15C6376

  • Explaining how to calculate Days sales outstanding (DSO) and how not to have that as a measurement of your success as a credit person, as it is more driven by sales then collections.
  • Explaining why the Securities and Exchange commission (SEC) is so important in the accounting rule making process.
  • Why notes to the financial statements are important and need to be read.
  • Why the Management and Discussion section of the financial statements is so crucial to read.

Overview of the webinar

I will discuss all the tools available either on; the internet, a credit report, in audited financial statements to help them navigate through these and find the necessary information to make a sound credit decision. Mainly my 30 years of experience in credit which will give them different ways to viewing their customers, handling specific situations with their customers. I will help them analyze financial statements, give them websites to find companies and their 10K and 10Q reports. They will learn about what auditors opinions mean, how to use financial ratios, and how to interrupt them once them determine the numbers. I will show them how to write up a financial report and how to present it to their management for approval.

Who should attend?

  • Credit collectors
  • Credits analysts
  • Controllers looking to understand credit
  • Attorneys
  • Small business owners looking to set up their credit team

Why should you attend?

How to deal with setting up a new customer who is looking to do business with you for the first time.

How to deal with a delinquent customer and keep him as a customer, bit also getting them to pay.

Help people understand how to read the following: Balance sheet, Income statement and Statement of cash flows.

Why a credit application is so important.

Faculty - Mr.Ronald Sereika

Ron has a Bachelor of Science Degree in Accounting and he has completed  the two-year executive credit and finance program as well as the GSCFM international program both at Amos Tuck School of Business at Dartmouth University. Ron was honored to have received the NACM National instructor of the year award in 2010, the National CCE of Excellence award in 2013 and also the Credit executive of the year for Upstate New York in 2011. Ron is a true team player with a positive attitude that believes he will be able to help you reach the same results he has achieved with his presentation. Ron believes that you need to treat your customers as partners, not just people that owe you money.
 
Mr. Ronald Sereika has over 25 years of experience in management, financial analysis, credit and collections, and customer service. His background includes working in the clothing, food, and beverage, building products and currently the medical device industry; all these have contributed to his broad knowledge of diverse industries, a unique skill set that benefits any size or type of company. 

100% MONEY BACK GUARANTEED

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