Overview   

Effective debtors and creditors management is key to business success. Whether you're an entrepreneur, financial manager, or accounting professional, mastering the systems that govern your cash flow can give you a critical edge. In this insightful webinar, you'll learn practical strategies for improving your financial operations, explore risk mitigation techniques, and discover the latest technological tools designed to streamline debtor and creditor processes. You'll walk away with the knowledge to build financial systems that support growth, maintain liquidity, and reduce bad debts. 

Join Russel Ngobeni for a powerful and practical session on unlocking the secrets of effective debtors and creditors management, designed to transform your business's financial health through tested strategies and cutting-edge tools. 

Learning objectives  

By attending this webinar you will gain the following competencies: 

• Understand the key concepts of managing debtors and creditors, including their impact on financial stability. 
• Implement effective strategies for credit policies, payment terms, and collection methods. 
• Utilize modern software tools to automate and optimize financial operations. 
• Evaluate financial health using metrics such as debtors age analysis reports. 
• Identify and mitigate risks associated with poor debtors and creditors management.    

Content 

The webinar will cover the following topics:  

• Understanding Debtors and Creditors 
o Definitions and financial impact 
o Credit vs. cash sales/purchase ratios 
o Role in financial flow and stability 
o Accounting cycle overview 

• Best Practices in Debtors Management 
o Credit policies and creditworthiness assessment 
o Collection strategies and automation tools 
o Incentives for early payment and escalation processes 
o Risk mitigation through diversification and legal options 

• Best Practices in Creditors Management 
o Negotiating terms and building vendor relationships 
o Payment scheduling and tracking 
o Avoiding overcommitment and managing late payments 

• Tools, Technology, and Reporting 
o Overview of Xero, Sage, and QuickBooks 
o Sage Intacct for automation, dashboards, and document management 
o Real-time integration for financial visibility 
o Debtors age analysis: metrics, alerts, and performance tracking 

Obtaining your CPD certificate 

This training is compliant with the International Education Standard (IES7) issued by the International Federation of Accountants and recognised for CPD by relevant professional bodies including ACCA, CIMA, IAC, IIA, SAICA and SAIPA. 

All attendees are issued with a CPD certificate available in an online profile.   

About the presenter 

Russel Ngobeni 

Russel is a registered Business Accountant in Practice through the Southern Institute for Business Accountants (SAIBA), and a registered Tax practitioner through the South African Institute of Tax Practitioners (SAIT). He holds a Bachelor of Accounting Science degree from the University of South Africa and a National Diploma in Financial Information Systems from Tshwane University of Technology. 

In 2014 Russel founded Shinyawani Group of Companies (Pty) Ltd.  In 2016, the Free State province recognised him as one of the best 12 Young Entrepreneurs in the province during the 2016 Macufe Trade Bridge. He also won first runner up for the 2016 Young Entrepreneur of the Year Award at the Free State Youth Chamber of Commerce and Industries Awards. 

Who should attend? 

The following persons will benefit from attending this webinar: 

• Bookkeepers. 

• Practising accountants including: CA(SA), Professional Accountant (SA), AGA(SA), FCCA, BAP(SA), BA(SA) and ACCA. 

• Trainee accountants. 

Price 

• R 265.00 - Online admission - Individual.  

  • Group Price 1 - From R109 per person (up to 5 users)  

  • Group Price 2 - From R71 per person (up to 10 users)  

  • Group Price 3 - From R64 per person (over 11 users)  

Steps to register for the event:  

If you already have a profile, login and register for the webinar. 

If you don’t have a profile, create a free profile then login and register for the webinar. 

Click here to create a free profile (There is no charge to create a profile and gain access to our free Monthly Practice Management Series). 

Click here to find out about the Technical Resource Centre & CPD Subscription options. 

Additional material 

By attending this webinar you will be provided with: 

• A summarised slide presentation. 

• Reference documents and/or course material where available. 

• You can ask questions during the webinar and you will also have access to the presenter after the webinar. 

Corporate training solutions  

At the Accounting Academy, we recognize the evolving needs of businesses in today's dynamic environment. Beyond our standard webinar offerings, we provide tailored corporate training solutions designed to empower your team with the latest in accounting and professional skills. Whether you're looking for online sessions or face-to-face training, our programs are crafted to ensure a comprehensive and engaging learning experience.  

Drawing inspiration from modern training methodologies, our corporate solutions are interactive, adaptable, and focused on real-world applications. We prioritize hands-on learning, ensuring your team can immediately apply their newfound knowledge in practical scenarios.  

Interested in a bespoke corporate training experience? Reach out to us at [email protected] or call 010 593 0466. Together, let's design a training program that elevates your team's capabilities and aligns with your organizational goals.     

Contact us  

Have any questions or need any assistance? Contact us today!  

• Online chat through our website.  

• WhatsApp: Start chatting (+27635026114)  

• Phone: 010 593 0466  

• E-mail: [email protected]