Training Course - Manage factoring and invoice discounting arrangements (2 Day Program)

There has been substantial growth in the use of factoring and/or invoice discounting arrangements.  This course is relevant to those people who provide a factoring and/or invoice discounting arrangement as well as those people who utilise such an arrangement.

• Differentiating between the types of factoring and invoice discounting arrangements that may be offered to prospective clients
• How to effectively communicate to clients the different policies and procedures that the client would need to follow depending upon the type of product provided
• Strategies to ensure that clients understand how legal assignment will vary depending on the type of product
• What information should be provided to debtors when an arrangement has been entered into with a client
• The advice that should be given to debtors of the debt recovery process that will be followed as a result of the introduction of the factoring and/or invoice discounting arrangement
• How to manage the relationship between the client and the factor and/or invoice discounter and establish ongoing monitoring procedures