FNSCRD502  Manage Factoring & Invoice Discounting Arrangements

May 2018 – AFIA Face-to-face 2 day program – Brisbane, Sydney and Melbourne

  •  Brisbane - 24 & 25 May - Tattersalls Club 215 Queen Street, Brisbane

  • Melbourne - 21 & 22 May - Parkview Hotel, 562 St Kilda Road, Melbourne

  • Sydney – 14 & 15 May – AICM National Office   Level 3 Suite 303 1-9 Chandos Street, St Leonards

This course is a key educational offering under AFIA's Working Capital Division


 
 
Training Overview and Learning Outcomes

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