Understanding Collections KPIs: Certified
This online certification program is designed to equip credit & collections professionals at all levels with the skills to measure collections performance, pick the right performance metrics and the different ways of calculating DSO.
{"miniCertification":{"title":"Understanding Collections KPIs","promo-image-title":"Master your knowledge in Understanding Collections KPIs and earn this exclusive skill badge now!","short-description":"Get exclusive insights from Robert Shultz on analyzing collection KPIs","promo-image":"","duration":"2","modules-count":"3","course-overview":{"description":"On average, companies write off 1.5% of their receivables as bad debt & 93% of businesses experience late payments.
One of the major challenges credit leaders face today is lack of visibility into the performance of their collections. They are unable to track all the metrics in one place and get the subsequent double click data.
They have no transparency for tracking the productivity of analysts, hence they cannot track - DSO, CEI ( Collection Effectiveness Index ), Top Delinquent Customers the amount that turns into bad-debt if the collections team is collecting on time the volume of invalid deductions and write-offs
With 25+ years of experience in commercial credit and collections, Robert Shultz with this certification will help you gain the skills to track all the metrics you need to analyze and improve your company’s cash flow.","instructors":[{"name":"Robert Shultz","title":"Founder, Quote to Cash
Solutions(Q2C ) LLC","image":"https://7386813.fs1.hubspotusercontent-na1.net/hubfs/7386813/image%2071.svg"}],"course-worth-highlight":"","bulletpoints":[{"name":"Utilize Performance Metrics to Demonstrate Your Value"},{"name":"Effectively Report Credit & Collections Results to Sales and Management"},{"name":"Calculate the DSO using - Declining Balance Method & Average Method"}],"whats-included":{"get-started-url":"get-started-url","modules-count":"3","checklist-count":"1","templates-count":"1 Ready-to-Use Template","quiz-count":"4","duration":"2"}},"curriculum-section":{"brochure_url":"https://resources.highako.com/hubfs/Highako%20Course%20Thumbnails/SkillCon%20Thumbnail%20Image/Highako%20Certifications%20Program/Brochures/FSA%20(1).pdf","accordion-items":[{"accordion-title-text":"1. What to Look for in a Financial Statement [ 35 mins ]","accordion-description-text":"1.1. Understanding the Importance of Analyzing Financial Statements (3 mins)
1.2. Key Considerations for an Effective Financial Review(4 mins)
1.3. Project Future Scenarios - What If? (3 mins)
1.4. Understanding The New 5 C's of Credit (5 mins)
1.5. Understanding the Financial Statement Story (5 mins)
1.6. Top 6 Tips on Obtaining Financial Statements from Your Customers (10 mins)
1.7. Evaluating Creditworthiness Using Porter’s Five Forces Model (3 mins)
1.8. Quiz #1
"},{"accordion-title-text":"2. Credit Analysis is More Than Math [35 mins]","accordion-description-text":"2.1. An Overview of the Components of a Balance Sheet (3 mins)
2.2. What are Assets in a Balance Sheet (4 mins)
2.3. What are Liabilities in a Balance Sheet (3 mins)
2.4. What is Equity in a Balance Sheet (3 mins)
2.5. A Brief Overview of the Profit and Loss Statement (3 mins)
2.6. The Importance of Profitability to a Company’s Financial Growth (4 mins)
2.7. Credit Review Template to Analyze Customer's Financial Health (10 mins)
2.8. How to Analyze a Company’s Profit and Cash Position (4 mins)
2.9. Quiz #2
"},{"accordion-title-text":"3. Key Financial Ratio For Trade Credit Analysts [20 mins]","accordion-description-text":"3.1. The Importance of Ratios (3 mins)
3.2. Understanding Liquidity Ratio Analysis (7 mins)
3.3. Understanding Activity Ratio Analysis (4 mins)
3.4. Quiz #3
"},{"accordion-title-text":"4. Final Assessment","accordion-description-text":"4.1. Quiz
4.2. Certificate and Feedback
"}]},"testimonial-section":{"promo-video-url":"https://play.vidyard.com/uWv9AfWgKVbwUoiBd5Pu6T.html","team-onboarding-url":"team-onboarding-url","testimonials":[{"testimonial-text":"I was really impressed with what I saw of Highako at Radiance. I plan to introduce this to our 300 member team as part of our training curriculum.","testimonial-author-img":"https://7386813.fs1.hubspotusercontent-na1.net/hubfs/7386813/Bill%20Lehmann.png","testimonial-author-name":"Bill Lehmann","testimonial-author-title":"Director, Credit, HPE"},{"testimonial-text":"Highako is doing a great job of curating courses on various critical job skills that address the needs of all credit and collection professionals.","testimonial-author-img":"https://7386813.fs1.hubspotusercontent-na1.net/hubfs/7386813/Development%20Team/1516691649873.jpeg","testimonial-author-name":"Disha Sawlani","testimonial-author-title":"Credit Risk Specialist, Acer Europe SA"}]},"managers-section":{"heading-part1":"Dear Credit Managers, ","heading-part2":" We Are Here For You!","description":"As a credit manager, it is your responsibility to ensure that both your credit and collections team are aware of all the critical laws they need to follow during financial statement analysis.","manager-section-image":"https://resources.highako.com/hubfs/mini_certification_pages/shutterstock_720924823%201.png","team-onboarding-url":"https://calendly.com/shelley-mishra/onboard-your-team","highlights":[{"highlight":"Utilize Performance Metrics to Demonstrate Your Value"},{"highlight":"Effectively Report Credit & Collections Results to Sales and Management "},{"highlight":"Calculate the DSO using Declining Balance Method & Average Method"}]},"post-completion-section":{"heading-part1":"Share Your Achievement After ","heading-part2":"Completing the Course!","description":"Become an expert in collections and broadcast your achievement to friends and colleagues to get the recognition you deserve.","certificate-image":"https://7386813.fs1.hubspotusercontent-na1.net/hubfs/7386813/mini_certification_pages/Collection%20KPI%20New%20cert.png","email-url":"mailto:mike.yakiemchuk@highako.com?cc=rudrani.das@highradius.com&bcc=shelley.mishra@highradius.com&subject=Highako%20Support%3A%20Mini%20Certifications&body=Hi%2C%20%0AHave%20a%20look%20at%20the%20mini-certification%20https%3A%2F%2Facademy.highako.com%2Ffinancial-statement-analysis-mini-certification","public-link-url":"https://www.credly.com/org/highradius/badge/financial-statements-analysis","download-certificate-url":"https://resources.highako.com/hubfs/mini_certification_pages/FSA_mini_certificate_2.png","badge-image-url":"https://resources.highako.com/hubfs/mini_certification_pages/FSA%20Badge@2x.png"},"faq-section":{"title":"FAQs","accordion-items":[{"accordion-title-text":"Q. How does this course work?","accordion-description-text":"The course is 100% on-demand and fully self-paced. Once you enroll, you’ll work through the modules in chronological order and be invited to take part in activities. At the end of each module, you’ll be presented with mandatory quiz questions and if you pass all these, you’ll earn the exclusive badge and get credit and collection laws certified."},{"accordion-title-text":"Q. How long will the course content take to complete?","accordion-description-text":"The course content, activities, and exams will take approximately 5 hours to complete."},{"accordion-title-text":"Q. What are the scoring marks for the quizzes?","accordion-description-text":"You need to score 80% in the Final Quiz, only then you will be able to earn the exclusive Skill Badge on Credit and Collections Laws"},{"accordion-title-text":"Q. How long will I have access to the course content?","accordion-description-text":"For life! One off-payment gives you unlimited access to all the course’s content forever and more."},{"accordion-title-text":"Q. You have completed watching the course and passed all the quizzes, how do you tell the world?","accordion-description-text":"Highako Certified Skill Badge is a great way to showcase your achievement to peers and potential employers by adding the skill badge to your LinkedIn profile.
Follow the below steps:
Step 1: Visit your academy profile page
Step 2: Click on the 'Accept this Badge'
Step 3: Sign up on Credly using your email address
Step 4: Click on the 'Accept Badge' button
Step 5: Share your Badge on Linkedin
That’s it! You’re all set. Colleagues, prospective employers, recruiters, etc. will now be able to see your new skill badge."}]}}}