Telephone Collections & Debit Management
Access Duration - 365 Days
Accredited By "CPD & iAP"
Guided Learning Hours (04)
Course Material
Number of Modules 07
4.5( 4 REVIEWS )
2157 STUDENTS
Accredited By
What Will I Learn?
Learn the importance of your role in the business
Ability to understand the importance of good communication over the telephone and its impact
Gain the knowledge to use a well-organised, confident approach to every stage of a collections call
Ability to recognise when customers are seeking to avoid payment
Learn how to make effective collections and use basic techniques to overcome excuses
Skills required to get a payment commitment from every call
Confidently and successfully collect payments over the phone
Global Edulink hosts the world’s best online education all in one place. We’re pleased to provide a course which is tailored to directly suit the role of the credit controller or professionals within a financial control position.
Credit control is the system used by businesses to make sure it gives credit only to customers who can pay, and that customers pay on time. Credit control is part of a critical system of financial controls that are employed by businesses, particularly in manufacturing, to ensure that once sales are made they’re realised as cash or liquid resources. This system encompasses several aspects that include credit approval, credit limit approval, and dispatch approvals, but as it’s quite a sensitive aspect, this course’s focuses on the collection process.
This telephone collections course concentrates on the two areas vital to successful cash collection over the telephone: good technique and a confident approach. With clear and expert presentations, candidates will learn how to organise and carry out calls so that they secure a customer commitment every time.
Who is it for?
- Employees whose role it is to report to the Finance Director or Risk Management Committee.
- Those looking to train to move into a financial collections role.
- Suitable for new and recently-appointed credit controllers and staff collecting outstanding trade debts over the telephone.
- Course objectives
- Benefits you will gain
- Entry Requirement
- The Method of Assessment
- Certification
- Career Path
- Recognize the importance of your role in the business
- Recognize the importance of good communication over the telephone and the impact it has on your success as a collections officer
- Use a well-organised and confident approach to every stage of a collections call, from initial preparation through to follow-up actions
- Recognize when customers are seeking to avoid payment and move to establish for both parties a win-win situation
- Learn how to make effective collections and use basic techniques to overcome excuses
- Get a payment commitment from every call
- High quality e-learning study materials and mock exams
- Tutorials/materials from the industry leading experts
- 24/7 Access to the Learning Portal
- Benefit of applying TOTUM Discount Card
- Recognized Accredited Qualification
- Excellent customer service and administrative support
This course is available to all students, of all academic backgrounds. However, a sound educational background would be an advantage. Learners should be ages 16 or over to undertake the qualification. Basic understanding of English language, literacy, numeracy and ICT are required to attend this course.
At the end of the course, learners will also take an online multiple choice question assessment test. This online multiple choice question test is marked automatically so you will receive an instant grade and know whether you have passed the course.
Successful candidates will be awarded a Certificate in Telephone Collections & Debit Management.
With this certificate in your CV, you are sure to improve your candidature for an array of job positions within the HR industry. You can also use this course as a means to build on your skills and to progress gradually within your career. Given below are few of the job positions this course will help you in, along with the average UK salary per annum according to https://www.payscale.com/career-path-planner,
- Credit Controller – £20,908 per annum
- Collections Specialist – £21,532 per annum
- Collections Officer – £18,712 per annum
- Credit manager – £34,823 per annum
- Customer Service Advisor – £17,141 per annum
Key Features
Gain an Accredited UK Qualification
Access to Excellent Quality Study Materials
Personalised Learning Experience
Support by Phone, Live Chat, and Email
Eligible for TOTUM Discount Card
UK Register of Learning Providers Reg No : 10053842Course Curriculum
| 1. Introduction toTelephone Collections | |||
| Introduction toTelephone Collections | 00:05:00 | ||
| 2. Understanding Collections | |||
| Understanding Collections | 00:13:00 | ||
| 3. Techniques of Communication | |||
| Techniques of Communication | 00:08:00 | ||
| 4. Understanding and Working With Customers | |||
| Understanding and Working with Customers | 00:22:00 | ||
| 5. Understanding Behavior Styles | |||
| Understanding Behavior Styles | 00:11:00 | ||
| 6. Identifying Effective Collections | |||
| Identifying Effective Collections | 00:11:00 | ||
| 7. Understanding Danger Signals | |||
| Understanding Danger Signals | 00:07:00 | ||
| Text Materials | |||
| Module Book 01 – Telephone Etiquette | |||
| Module Book 02 – Communication Strategies | |||
| Mock Exam | |||
| Mock Exam : TELEPHONE COLLECTIONS AND DEBIT MANAGEMENT | 00:40:00 | ||
| Final Exam | |||
| Exam: Telephone Collections and Debit Management | 00:40:00 | ||
| Certificate Download Guide | |||
| Certificate Download Guide | 00:03:00 | ||
James Allen
really good course for learning the basics and starting me on my career path
Alexia May
I’m a finance professional who wanted to enhance my understanding in credit control. I was recommended the Telephone Collections Debt Management course by someone who had already studied the course and was full of praise for it. I decided to give it a try myself, and I couldn’t be more pleased with the outcome. The course was extensive and covered key subjects under credit control.
Andrew Conrad
Well organized and comprehensive.
Alex
good course