Strategies to Reduce Non-Performance Loan (NPL) or Debts

2 days workshop

INTRODUCTION

In order to Reduce Non-Performance loan (NPL) or Debts, you need to have the heart of an entrepreneur. This course will help to provide you with an environment that stimulates proactive behavior in order to achieve greater goals for yourselves and your organization. By creating value for your organization, you will be amazed at the speed of career advancement. Real-current problematic debt cases will be analyzed and scenario solutions will be provided under the guidance of Dr. Steven Liew.

COURSE OBJECTIVES                                                                                                                                   
By the end of this course you will be able to:

  • Assess Credit analysis & profiling customers

  • Identify Solution to Burning issues in collection

  • Review Collection Strategies

  • Understand Risk Based Site Visit Improvement Process

  • Understand Thinking Out Of Box Collection Strategies

  • Strategies to Minimse Provision for Bad Debt

  • Know When to Initiate Legal Actions

  • Importance of Putting Your House in Order 

  • Understand Collection Case Studies

METHODOLOGY

Case Study & Group Discussion. Real-current problematic debt cases will be analyzed and scenario solutions will be discussed within the workshop.

WHO SHOULD ATTEND

Bankers, Accountants, Business Managers, Marketing Managers, Collection Executives, Sales Executives, Finance Executives, Supervisors, Managers, Credit Analysts, Credit Controller & Recovery Officers.

Special Feature: NOTE: Please bring laptop along

PROGRAMME OUTLINE

Day 1

 Module 1: Burning Issues in Debt Recovery 

  • Uncontactable/Missing customers

  • Contactable-but can’t afford to pay

  • Avoid payment with thousand reasons

  • Interference from top management on collection section

  • Customer delay payment purposely

  • Incomplete document

  • Financial /Cash flow problem

Module 2: Minimise Provision for Bad debt provision

  • Asset based

  • Cash balance approach

  • Trade Credit Insurance

Module 3: Know Your Customers

  • Customer Risk Profile

  • Assessing Your Risk Factors 

  • Why Customers Are Not Paying You?

  • Plan your site visit

  • Focus on collectable & big customers

Module 4: Be Flexible, Creative & Think Out of The Box Approach

  • Outsourcing (collection agency)

  • Insourcing (staff incentive)

  • Asset conversion

  • Business Take over

  • Revaluation of assets


Day 2

Module 5: Collection Negotiation Tactics

  • The building block technique

  • Silence

  • Repeat, repeat…

  • Recess

  • Divide & rule

  • Empathy

  • Re-escalation of demand

  • “One more thing”

  • Deadlines

  • Slicing

Module 6: Put Your House in Order

  • Credit evaluation & Monitoring ,7cs

  • Management support & involvement

  • Clear SOP 

  • Strong credit manpower team

  • Qualities of an effective collectors

Module 7: Collection Case Studies (Part 1)

  • Case Study 1 (Negotiation Skill) 

  • Case Study 2 (Credit Evaluation) 

  • Case Study 3 (Handling Difficulty Debtor)

  • Case Study 4 (Bank Branch Manager Task)

  • Case Study 5 (Head of Credit Controller Task)

  • Case Study 6 (Dealing with NPL borrowers) 

  • Case Study 7 (Detecting early warning sign)  

  • Case Study 8 (Government Accounts)   

Module 8:  Legal Procedure 

  • What to Do Before Litigation

  • Contents of Letter of Demand

  • Factors to Consider Before Suing

  • Preparation for Suing

  • Preparation for Trial

  • Enforcement of Judgments

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 Dr Steven Liew is a fellow member of the Chartered Institute of Management Accountants, UK and is a Chartered Accountant by profession. He has an Asia Pacific Executive MBA (for senior executives) from the National University of Singapore and a PhD in international finance with Rushmore University of USA. 

Dr Liew had worked in private sector companies, ranging from family-run businesses to professionally manage multi-national corporations in South Asia and the ASEAN region. He has accumulated more than 30 years working experience in senior financial & operational management positions spearheading the profitability and growth of companies. He has worked for the MBF Finance & its related group of companies over the 10 years period

He is a registered Trainer with the Government Human Resources Development Berhad (Pembangunan Sumber Manusia Berhad). And he is a GST Tax Consultant and had successfully completed the Custom examination

Dr Steven Liew had conducted various seminars for corporate clientele including Association of Credit Management Malaysia, Chartered Institute of Management Accountants, Malaysia Institute of Management, Malaysia Institute of Accountants, Institute of Bank Bank Malaysia, Nestle,  IQPC Worldwide Pte Ltd , Singapore,  Lexis Nexis,, Proton Edar Malaysia , Brunei Investment Agency, Small Medium Industries Development Corporation, Asia Business Forum Pte Ltd, Hong Kong, Ministry of Development, Brunei , BICPA Asean Management, Brunei,   Risda Group Of Companies,  Sales & Marketing Training  Forum, Sri Lanka, Giant Retail Sdn Bhd,  Telekom Brunei & Ministry of Foreign Affairs, Malaysia, Sabah Electricity Sdn Bhd,  Bank Islam Brunei Darussalam. Continental Tyres, Sime Darby Bhd ,Sony Malaysia Sdn Bhd , Perodua Sdn Bhd & Credit Guarantee Corporation (M) Bhd; Fujixerox, SYNERGY RMS PTE LTD, India;  UDA Holdings, SPNB, Diners Club, Elk Desa Capital Bhd, Antah Schindler, UCSI & Ministry of Finance; Seccom Sdn Bhd; Bridgestone Chemical Products (M) sdn Bhd; Dialog Group Bhd; SEDCO, KK ; Hosiden Electronics (M) Sdn Bhd; STO Maldives; Indah Water Consortium Sdn Bhd; CPA Australia (M) Sdn Bhd & VMAC Business Group (M) Sdn Bhd, China

He is currently providing management consultancy and training specialising in GST, Forecasting , Fast closing monthly,  leadership, Strategic Planning, budgeting, accounting, finance, Cost reduction, credit management & loan recovery.

Testimonial from past participants

“After the credit & collection seminar, now I have the pretty good picture of guiding my credit staffs in the monitoring & collection process. Today, my Account Receiver (AR) is in a pretty good shape” Finance Manager, Omni Precision Sdn Bhd

“I realized my credit team is too nice with the customers. It gives me now the urgency to train the down line on the importance of customers & its credit exposure. Thank you Dr Liew for still remembering me. Do keep in touch please” Herbert Poh, Manager, Proton Edar Sdn Bhd

“The greatest improvement after the 2 day credit & collection workshop by Dr Steven Liew is implementation of outsourcing to collection agency. Very effective & the bad cases have improved tremendously. The “human touch”, negotiates skills learnt, review & monitor accounts are really put to good use” Senior Internal Auditor, Technology Park Malaysia Corporation Sdn Bhd

Debt Strategies & Legal Process Bankruptcy (Amendment) Bill 2016

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