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Debt Collection, Recovery, Negotiation, and Credit Control Management

Master Debt Collection, Recovery, Negotiation, and Credit Risk Management for Sustainable Growth

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Platform:
Online
In-class
Date Venue Duration
14 - 16 September 2026 Sandton, Gauteng 3 Days
09 - 11 November 2026 Sandton, Gauteng 3 Days

Course Introduction

Debt collection involves pursuing overdue payments from businesses or individuals. Organisations that specialise in this process are known as collection agencies or debt collectors, and they work on behalf of creditors, often for a fee or commission. Effective debt collection and recovery are crucial, as cash flow issues can lead to significant organisational challenges. Although the terms debt collection and debt recovery are often used interchangeably, they have distinct differences. 

 

Prospen Africa’s Debt Collection, Recovery, Negotiation, and Credit Control Management course is designed to provide comprehensive knowledge and skills in debt collection, recovery, negotiation, and credit control management. It aims to equip participants with the necessary expertise to take on higher responsibilities within their organisations, fostering growth and stability.

Course Duration Options

This course is available in two formats, so you can choose the depth that fits your time and needs:

2-Day Essentials Core Foundations

Debt collection fundamentals, prevention, effective strategies, negotiation, credit policy, and credit risk essentials.

Ideal for: Those who need practical, immediate capability without an extended time commitment.

Course Objectives

The key objectives of this Debt Collection, Recovery, Negotiation, and Credit Control Management course are to empower professionals to:
  • Clearly understand debt collection, recovery, negotiation, and credit control management
  • Define and establish strong credit control systems and processes to reduce the risks of defaulters impacting the organisation's financial status
  • Draft simple, clear credit policies and guidelines for organisation-wide adoption
  • Establish stringent guidelines for onboarding customers to prevent issues in loan issuance and other support
  • Train other professionals on best practices in debt collection, recovery, negotiation, and credit control
  • Negotiate on behalf of your organisation to recover the maximum amount possible
  • Work with advanced tools and technology to enhance screening, monitoring, tracking, and follow-up processes
  • Audit existing documentation and loan agreements to identify early risks
  • Apply credit risk modelling concepts (PD, LGD, EAD) relevant to lending organisations

Who should attend?

  • Strategic Leadership Responsible for High-Level Decisions
  • Finance and Loan Managers Responsible for Financial Transactions and Loan Issuance
  • Accountants and Other Executives Needing to Understand Credit Control Management
  • Collection Agency Members Wanting to Enhance Their Knowledge
  • Legal and Financial Advisors Involved in Legal or Financial Leakage Issues
  • Anyone Interested in Debt Collection and Recovery
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Training Methodology

Our diverse instructional approaches ensure effective learning:

– Lectures & Presentations: Engage with expert-driven, stimulating content.
– Course Material: Access well-crafted supporting resources.
– Group Work: Collaborate on discussions and case studies for practical insights.
– Workshops & Role-Play: Participate in immersive, scenario-based activities.
– Practical Application: Focus on applying theoretical knowledge in real situations.
– Post-Training Support: Receive extensive support after training for skill implementation.

Training Outline

2-Day Essentials — Training Outline

DAY 1 — Debt Collection Fundamentals and Prevention
Debt Collection Fundamentals
  • Types of debt collectors: first-party, third-party, sale of debts
  • The debt recovery process: due diligence, letter of demand, negotiation, enforcement
Reducing Bad Debt and Effective Collection Strategies
  • Measures for reducing bad debt: customer background checks, safe credit limits, clear payment terms
  • Effective strategies: flexible payment terms, applied analytics, centralised systems
DAY 2 — Negotiation, Policy, and Credit Risk Essentials
Effective Debt Settlement Negotiations
  • Preparing with accurate information and research
  • Professional, equal-footing negotiation approach
  • Confirming deals in writing, and follow-up
Credit Policy and Control System Essentials
  • Effective credit policy components: terms of sale, credit extension, collection policy
  • Credit control system set-up: clear terms/limits, credit scores, early payment discounts
Credit Risk Essentials
  • Core credit risk modelling concepts: financial statement analysis, default probability
  • Deciding whether the 5-Day Comprehensive programme is the right next step

5-Day Comprehensive — Training Outline

Day 1: Debt Collection Fundamentals and Process
Module 1: Types of Debt Collectors
  • First-party agencies
  • Third-party agencies
  • Sale of debts
Module 2: Debt Recovery Process
  • Initial consultation
  • Due diligence
  • Issue of letter of demand
  • Awaiting response and negotiation
  • Filing of court papers
  • Enforcement of court decision
Day 2: Prevention and Collection Strategy
Module 3: Measures Reducing Bad Debt Recovery
  • Thorough customer background check
  • Safe customer credit limits
  • Release of goods after payment clearance
  • Shipping of goods after direct deposit payment
  • Regular invoicing
  • Clear payment instructions and terms on invoices
  • Regular contact with customers
Module 4: Effective Debt Collection Strategies
  • Alternate but flexible payment terms
  • Customer-oriented operations
  • Up-to-date communications
  • Applied analytics
  • Centralised debt collection systems
Day 3: Challenges, Agency Function, and Recovery Methods
Module 5: Challenges Impacting Debt Collection Operations
  • Increased focus of regulators
  • Ineffective debt collection systems
  • Inefficient customer segmentation
  • Lack of proper tools
  • Lack of a consolidated borrower-centric approach
  • Multi-product, multi-channel, multi-debt obligations
Module 6: Debt Collection Agency Functions
  • Tracing creditors
  • Negotiating
  • Systematic follow-up
  • Maintaining records
Module 7: Methods of Debt Collection Agencies to Recover Debt
  • Freezing accounts
  • Property as security
  • Wage garnishment
Day 4: Credit Policy, Negotiation, and Cash Flow
Module 8: Effective Credit Policy Components
  • Terms of sale
  • Credit extension
  • Collection policy
Module 9: Effective Debt Settlement Negotiations
  • Start with reminders
  • Have accurate information
  • Do your research
  • Stay professional
  • Approach negotiations as equals
  • Have a concrete minimum
  • Require a counter-offer
  • Confirm deal in writing
  • Clearly explain ramifications
  • Remember follow-up letters
Module 10: Cash Flow Management
  • Cash flow cycle
  • Accelerating cash inflows
  • Cash flow forecast
  • Cash flow surpluses and shortages
Day 5: Credit Control Systems and Risk Modelling
Module 11: Credit Control System Set-Up
  • Clear credit terms and limits
  • Checking new customer credit scores
  • Terms and conditions in writing
  • Offering different payment options
  • Considering discounts for early payments
  • Sending regular reminders
  • Employing debt collection agencies
  • Commencing legal proceedings in time
  • Trade credit insurance
Module 12: Credit Risk Modelling Examples
  • Financial statement analysis models
  • Default probability models
  • Machine learning models
Module 13: Factors Affecting Borrowers' Credit Risk
  • Probability of Default (PD)
  • Loss Given Default (LGD)
  • Exposure at Default (EAD)

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Success Stories

Discover how our courses enhance professionals’ effectiveness in their workplaces.

uMngeni-uThukela Water

IFRS Updates Trainings

What made the sessions exceptionally helpful was the deliberate focus on actionable strategies rather than just high-level concepts. The structured approach kept the content engaging. It was a highly impactful professional development experience.

Telekom Networks Malawi Plc

Financial Analysis, Modelling and Forecasting

It has been a really fruitful and helpful training. Many thanks to PROSPEN AFRICA and the facilitator Olufemi. This is definitely going to make my work life easier and meaningful.

Northam Booysendal Mine

Mastering Payroll Preparation, Analysis, and Management

The course really taught us deep in to Payroll and made us aware of things we were not aware of.

Telekom Networks Malawi PLC

Financial Analysis, Modelling and Forecasting

The training was very insightful and the facilitator was very engaging which made everything easier to understand and follow. It has really equipped us in our areas of lack and we feel confident now on our next assignments on forecasts and analysis

Magalies Water

GRAP training

The course was practical, informative and relevant

FAQs – Debt Collection, Recovery, Negotiation, and Credit Control Management

Master credit risk assessment, legal debt recovery frameworks, negotiation strategies, and dispute resolution techniques to optimize collections while maintaining positive customer relationships.

What topics are covered in the Debt Collection, Recovery, Negotiation and Credit Control course?
The course covers credit vetting and scoring, collection negotiation techniques, debt aging analysis, legal recovery processes, customer dispute resolution, bad debt write-off protocols, and credit control policy formulation.
Who should attend the Debt Collection, Recovery, Negotiation and Credit Control training?
This course is designed for credit managers, debt collection officers, accounts receivable specialists, credit controllers, finance supervisors, legal recovery officers, and billing administrators looking to accelerate collections while maintaining customer goodwill.
What are the key learning objectives of this credit control masterclass?
Delegates learn to reduce Days Sales Outstanding (DSO), master psychological collection negotiation strategies, construct effective payment workout plans, navigate statutory debt recovery laws, and structure proactive credit vetting controls.
How long is the Debt Collection, Recovery, Negotiation and Credit Control course?
The programme is delivered as an intensive 5-day practical masterclass featuring live collection call roleplays, credit risk assessment workshops, and legal collection framework case studies.
What practical skills will delegates gain from this masterclass?
Participants will gain practical skills in handling tough debtor objections, drafting legally sound demand letters, conducting debtor portfolio segmentation, establishing risk-adjusted credit limits, and managing handed-over legal accounts.
Can Prospen Africa deliver this course as customized in-house training?
Yes. Prospen Africa can tailor the masterclass to align with your organization’s specific credit terms, industry-specific consumer or B2B debt profiles, local debt collection acts, and internal accounts receivable workflows.

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