Professional Documents
Culture Documents
OVERVIEW:
Across APAC region companies remain cautious, viewing that the uncertain global economy scenario. Especially
with the slowdown of growth in China, overall company payment experience in the regional economies is weak in
the recent times.
Overdue payment risks appear to be increasing and intensifying, adding to financial pressures on Asian companies.
China, India and Singapore are observing deteriorations in ultra-long overdue issues. The main reasons being
customer financial difficulties, fierce competition impacting margins and lack of financing resources.
Companies in the Asia Pacific region appear to be more aggressive in trying to recover their money and seem
willing to use a number of methods to achieve their results.
Debt recovery across any industries is always changing and ever-evolving. Laws related to consumer credit,
creditors rights, and collections are constantly under revision. Tools, technology, and resources are regularly
appearing and disappearing. What’s more, you must stay on top of not only debt collection, but also of related
industries like compliance and fraud. It’s a complex environment. To help debt collections professionals and their
companies ensure compliance, follow the law, and stay up-to-date on the latest and greatest collections-related
technology, the Corporate Credit & Debt Recovery Asia Summit will offer an excellent platform, wherein stalwarts
from the industry will discuss the latest strategies and techniques to create a robust credit and collection process
in your organisation. The summit will hold interesting keynote discussions, breakout groups, continuing education,
and plenty of networking opportunities.
www.corporatecredit-debtrecoveryasia.com
KEY CONFERENCE FOCUS AREA:
New methodologies
for credit Performance Overdue
Developing a Perspectives on
assessment and measures for Receivables
culture of credit risk transferring risk to a
digitizing the credit, collection & Analysis and
management credit insurer
process of debt account receivables corrective actions
recovery
www.corporatecredit-debtrecoveryasia.com
GLIMPSES FROM CORPORATE CREDIT & DEBT RECOVERY SUMMIT 2017 & 2018 – INDIA EDITION
This conference provided lots of learning of various Industry best This conference provided a great a great platform to gain & share our
practices and helped in knowing gain areas of different industries. knowledge.
Mr. Seraj, CFO, Mr. Manoj Nathol, Sr. Manager Credit Control,
Spenta Multimedia Grindwell Norton Ltd.
www.corporatecredit-debtrecoveryasia.com
EXHIBITION, MEETING AND PROMOTION OPPORTUNITIES
Sponsoring or exhibiting at Corporate Credit and Debt Recovery Asia Summit 2018 is an excellent way to promote your business to a
highly targeted group of key decision makers within the finance, collections, credit control and accounts receivable space.
As conference experts, we know how best to utilise events to promote, develop and generate business for our clients. To find out more
about how you can make the most of your participation at this event,
Contact: Viraj Pradhan, Business Manager
Singapore – Tel: +65 65898830
India – Tel: +91 22 66089519 | Mob: +91 9892531381
Email: viraj.pradhan@inventicon.in
DAY ONE | THURSDAY 15th NOVEMBER
8.00 Registrations and Coffee 12.10 Perspectives on transferring risk to a credit insurer
8.50 Welcome note from Inventicon Business Intelligence • Overview on credit insurance helping access information
on exposure to risk thus building capacities for better
8.55 Opening remarks from Chairman of the conference anticipation and control on risk to manage effective business
development
9.00 eveloping a culture of credit risk management in the APAC
D • Choosing from the different cover choices
corporate sector
12.50 Lunch Break
Proactively deploying specific processes for identifying,
analyzing and managing a company’s exposure to risk 14.00 anel Discussion: New methodologies for credit assessment
P
and digitizing the process of debt recovery
• Ensuring effective compliance organization wide to help
understand the process and the advantages of order-to-cash • Automating the complete process from sales to recovery
cycles, sales margins, turnover, and profit • Assessing prospective customers for risk at application stage
• Monitoring the existing customers and understanding
9.40 eveloping the process framework for identifying, analyzing
D behavior patterns
and managing a company’s exposure to risk • Use of technology in disputed invoices and proceed for
recovery
• Encouraging the sales team to be selective about
customers – to carry out detailed analysis of the market, 14.40 Creating an effective credit policy which reduces the risk of
qualify prospects and implement more robust commercial having bad debts
negotiations
• Ensuring the procedures implemented are accurately defined • Modes of credit & credit policies and risks involved
across all the company's functions for enhanced efficiency • How to deal with open credit and strategies to secure credit
and risk control and ensure timely credit
• Developing capacities of deciding between commercial • Current credit structure and restructuring the credit policies
requirement and risk taking for better financial performance
• Proactively and closely monitoring existing customers
• Implementing a faster response to negative information to 15.20 Networking and Coffee Break
reduce exposure to risks
15.50 erformance measures for credit, collection & account
P
10.20 Networking and Coffee Break receivables
10.50 I mproving the company's operational performance by cutting • Directing the credit, collection, and accounts receivable
receivables collection time and reducing the costs of risk and functions to increase sales and profits
its management • Using the appropriate measures of performance
• Importance of proper reporting channel to foster growth,
• Working on a well-applied credit risk policy to control risk in optimize cash flows and improve the quality of work
real time and thus enhance the company's visibility performed by credit/collections/AR personnel’s
• Developing a supportive culture of risk anticipation,
regulation and negotiation to be implemented from the initial 16.30 Round table discussion:
sale through to cash collection
• Assessing the capacity of commercial partners to meet their Topic A: Implementing a collaborative accounts receivable
commitments and thus limit risk and protect turnover work-flow system with cross-trained staff so that any
customer facing staff can initiate a solution proactively
11.30 Advantages of corporate debt recovery outsourcing Topic B: Benefits of having treasure department in managing
the credit
• When and why should you outsource debts to an agency
• Advantages of debt recovery outsourcing 17.00 Closing remarks from the conference Chairman
• How effective debt recovery outsourcing can be
17.10 End of day one
Sridhar Kuchibhottlla, Founder & CEO,
TanServ
www.corporatecredit-debtrecoveryasia.com
DAY TWO | FRIDAY 16th NOVEMBER
8.55 Opening remarks from the Conference Chairman 14.00 Corporate debt restructuring and strategies in APAC region
9.00 Keeping up with changing trends in the debt collection space • Current corporate debt restructuring mechanism in APAC
• Pros & cons of debt restructuring
• Implementing new and innovative collection strategies • Methods of corporate debt restructuring in APAC region
• Building flexible and sustainable bad-debt reserve models
• Implementing effective & practical debt collection strategies 14.40 Cross border debt recovery and challenges
9.40 Overdue receivables analysis and corrective actions • Having a 3-step approach – Amicable pre-legal negotiation,
Legal action and Insolvency
• Bottom up approach to Monthly Collection Planning • Keeping up to date with changing trends in cross border
• Identification & analysis of Overdue Receivables collection
• Root cause analysis of overdue: Why-Why Approach • Letter of Credit/Inland LC in Indian scenario
• Process Improvements based on Root cause analysis
15.20 Networking and Coffee Break
10.20 Networking and Coffee Break
15.50 anel Discussion: Overcoming cultural differences in
P
10.50 Proactive actions that can be taken for a convenient debt effective collections among the APAC region
recovery process
• Considering the method of contact, tone and demeanor while
•Careful selection of wording in your debt collection letter to setting the stage of communication with customers based on
tackle the laws surrounding debt collection techniques the demographic of each for overcoming the language barrier
•Approaches to enforcing payment discipline with a strong in APAC countries
collection system • Being flexible versus rigid or stern
• Being persistent
11.30 Optimizing the outcomes from your debt collection agency
16.30 Essential guidelines to legal procedures in debt recovery
• Going beyond the required and encouraging proactive
support on debtors’ visits, periodic reports on the status • Managing and minimizing disputes in debt recovery
of the collection process, reports on collecting trends by • Court procedures and jurisdictional considerations
industry and payment plans • Originating processes in debt recovery
• Also probing for first-party collection and insolvency
monitoring 17.00 Closing remarks from the conference Chairman
• Asking inputs on invoice checking and dispute resolution and
management 17.10 End of conference
• Taking support on credit management training and online
payment
www.corporatecredit-debtrecoveryasia.com
PARTNER PROFILES
TanServ caters to services in the niche area of Enterprise Account Receivables. The
GOLD PARTNER
company aims to help clients manage leakages in the Working Capital Value Chain through
‘Complete Ownership’ of the Account Receivables operations in the Enterprise Segment.
The basic tenet at TanServ is to focus on solving issues with complete ownership to ensure
faster collections. TanServ provides services in more than 50 cities across India and has
many Fortune 500 companies as clients across industry verticals like Industrial, Information
Technology, Medical, Pharma, Logistics, Banking, Media etc.
www.tanserv.com
www.corporatecredit-debtrecoveryasia.com