Accelerate Your Cash Flow: Strategies for Faster Customer Payments

The "Accelerate Your Cash Flow: Strategies for Faster Customer Payments" course will help you take control of your cash flow and accelerate your growth,.

This course will teach you proven strategies to help you increase your cash flow and get paid by your customers faster.

Led by an award winning, experienced Chartered Accountant with a wealth of experience, this course provides actionable guidance, tailored to the unique challenges faced by business professionals like you.

You'll gain access to invaluable insights, practical tools and real-world examples, that will empower you to optimize your cash flow and achieve financial growth.

In this transformative course, we delve into crucial topics that will empower you to foster stronger financial relationships with your customers. improve and streamline your invoicing processes, as well as reduce non-payment risks. 

Course Curriculum:

1. Reasons for Non-Payment: Understand the common factors that contribute to late or non-payment by your customers and learn effective preventive measures.

2. Perfect Paperwork: Master the art of meticulous documentation and ensure your invoices and contracts are airtight, reducing disputes and delays.

3. Perfect Process: Optimize your internal processes to expedite payment cycles, streamlining order placement, invoicing and collection.

4. Assessing Creditworthiness: Gain valuable insights into evaluating your customers' creditworthiness, minimizing the risk of late or non-payment.

5. Insurance: Explore the importance of credit insurance and other risk management tools to protect your business from payment defaults.

6. Chasing Late Payment: Learn proven techniques to assertively and professionally chase late payments, maintaining healthy customer relationships.

7. Strategies for Early Payment: Discover effective strategies to incentivize early payments from your customers, boosting your cash flow.

8. Deposits on Orders: Implement deposit policies to secure commitment from customers and reduce the risk of non-payment.

9. Reducing Risks: Learn to reduce risks by diversifying and implementing adequate risk management processes.  

10. Ownership Rights: Understand your rights as a supplier and learn how to protect your ownership interests until full payment is received.

11. Be Consistent & Persistent: Develop a consistent approach to payment follow-ups, building trust and ensuring prompt payments.

Bonus: Growth Tips: Unlock additional growth opportunities through innovative tactics and smart business strategies you can implement together with your customers.

Meet Your Expert Guide: Justin Duveen CA(SA)

Led by Justin Duveen, a skilled chartered accountant and financial management expert with over 20 years of experience, this course guarantees to deliver actionable strategies that have proven successful for numerous companies across various industries.

Justin has an impressive track record, having spearheaded cost optimization efforts, business transformations and growth strategies for large, listed companies in the UK, Australia and South Africa. His outstanding performance has earned him prestigious awards in the past, including accolades for best cost saving and best business performance.

Now residing in the beautiful city of Cape Town, Justin is passionate about sharing his expertise and helping you unlock hidden opportunities within your customer relationships.

Accelerate Your Cash Flow Today - Get Paid By Your Customers Faster.