{"product_id":"accounts-receivable-manager-certification-exam-cost-included","title":"Accounts Receivable Manager Certification (Exam Cost Included)","description":"\u003cp class=\"course-intro\"\u003eThis accounts receivable Manager Certification Program is designed to prepare accounts receivable managers to manage a team now and, in the futureby understanding and embracing best practices, organizational process change, and the increasing interaction with customers on a global scale. You will also prepare to earn your Accredited Receivables Manager (ARM) designation from the Institute of Finance and Management (IOFM) upon successful course completion.\u003c\/p\u003e\u003cul class=\"course-facts\"\u003e\n\u003cli\u003e35 course hrs\u003c\/li\u003e\n\u003cli\u003eCode GES2185\u003c\/li\u003e\n\u003cli\u003eOpen enrollment\u003c\/li\u003e\n\u003cli\u003eSelf paced\u003c\/li\u003e\n\u003c\/ul\u003e\u003cnav class=\"course-nav\"\u003e\u003ca href=\"#overview\"\u003eOverview\u003c\/a\u003e\u003ca href=\"#objective\"\u003eObjective\u003c\/a\u003e\u003ca href=\"#outline\"\u003eOutline\u003c\/a\u003e\u003ca href=\"#requirements\"\u003eRequirements\u003c\/a\u003e\u003ca href=\"#prerequisites\"\u003ePrerequisites\u003c\/a\u003e\u003ca href=\"#instructor\"\u003eInstructor\u003c\/a\u003e\u003ca href=\"#faqs\"\u003eFAQs\u003c\/a\u003e\u003c\/nav\u003e\u003ch3 id=\"overview\"\u003eOverview\u003c\/h3\u003e\u003cdiv class=\"course-sec\"\u003e\n\u003cp\u003eStaffing trends and continued organizational demand will continue to drive the need for highly trained accounts receivable professionals. Cash management is a top concern for financial operations teams and their CFOs, who are worried about whether enough money is arriving to meet the needs of the business, customers' experience dealing with the company, protecting the company's cash from fraud, and the cost of performing these processes. Accounts receivable is a key strategic role player in managing the organization's cash flow, from setting customers' credit terms to collecting payments.\u003c\/p\u003e\n\u003cp\u003eThis accounts receivable course is designed to equip you with the skills necessary to enter the accounts receivable manager function, including credit management, best-in-class payment processes, regulatory compliance, reporting KPIs, and technology.\u003c\/p\u003e\n\u003cp\u003eUpon completing this accounts receivable certification program, you will be prepared to take a 90-minute, 100-question multiple-choice exam to demonstrate your ability to manage the accounts receivable process and earn the Accredited Receivables Manager (ARM) designation from the Institute of Finance and Management (IOFM).\u003c\/p\u003e\n\u003c\/div\u003e\u003ch3 id=\"objective\"\u003eObjective\u003c\/h3\u003e\u003cdiv class=\"course-sec\"\u003e\n\u003cp\u003e\u003cstrong\u003eWhat you will learn\u003c\/strong\u003e\u003c\/p\u003e\n\u003cul\u003e \u003cli\u003eReview peer-tested best practices and strategies for managing the payment process\u003c\/li\u003e \u003cli\u003eUnderstand regulations accounts receivable must comply with\u003c\/li\u003e \u003cli\u003eLearn what makes a good leader in accounts receivable\u003c\/li\u003e \u003cli\u003eDiscover how to identify various accounts receivable department structures and their roles in accelerating credit review, receivables monitoring, and reporting\u003c\/li\u003e \u003cli\u003eComprehend how to analyze both financial and non-financial factors impacting credit decisions, and demonstrate the ability to create effective credit policies and procedures aligned with customer needs and organizational tools\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cstrong\u003eHow you will benefit\u003c\/strong\u003e\u003c\/p\u003e\n\u003cul\u003e \u003cli\u003eEarn a certification from IOFM, a recognized and respected authority in financial operations\u003c\/li\u003e \u003cli\u003eAdvance your career in accounts receivable or the related fields of credit and collections, shared services, or financial operations management by proving a high level of expertise in accounts receivable\u003c\/li\u003e \u003cli\u003eStand out as an attractive job candidate with valuable skills that will help to improve efficiency and generate savings for any organization\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\u003ch3 id=\"outline\"\u003eOutline\u003c\/h3\u003e\u003cdiv class=\"course-sec\"\u003e\u003col style=\"list-style-type: upper-roman;\"\u003e \u003cli\u003eOrganizing the Accounts Receivable Department \u003col style=\"list-style-type: upper-alpha;\"\u003e \u003cli\u003eIntroduction\u003c\/li\u003e \u003cli\u003eHow Accounts Receivable Fits Within the Broader Business Structure\u003c\/li\u003e \u003cli\u003eInterdepartmental Communication\u003c\/li\u003e \u003cli\u003eAccounts Receivable Roles and Responsibilities\u003c\/li\u003e \u003cli\u003eHow Responsibilities Change with Automation\u003c\/li\u003e \u003cli\u003eHow Accounts Receivable Responsibilities Change When the Work Is Outsourced\u003c\/li\u003e \u003cli\u003eWhy New Hires Will Require New Skills\u003c\/li\u003e \u003cli\u003eConclusion\u003c\/li\u003e \u003c\/ol\u003e \u003c\/li\u003e \u003cli\u003eCredit Management \u003col style=\"list-style-type: upper-alpha;\"\u003e \u003cli\u003eIntroduction\u003c\/li\u003e \u003cli\u003eCredit Management\u003c\/li\u003e \u003cli\u003ePolicy \u0026amp; Procedures (P\u0026amp;P) for the Credit Manager\u003c\/li\u003e \u003cli\u003eNew Customer Credit\u003c\/li\u003e \u003cli\u003eCredit Application\u003c\/li\u003e \u003cli\u003eAssigning a Credit Line\u003c\/li\u003e \u003cli\u003eRelationship Between Credit and Sales\u003c\/li\u003e \u003cli\u003eResources for Credit Managers and the Customer Master File\u003c\/li\u003e \u003cli\u003eFinancial Statement Analysis\u003c\/li\u003e \u003cli\u003eInternal Credit Score\u003c\/li\u003e \u003cli\u003eTerms and Payment Methods\u003c\/li\u003e \u003cli\u003eNew Customer Acceptance Letter\u003c\/li\u003e \u003cli\u003eCredit and Existing Customers\u003c\/li\u003e \u003cli\u003eMetrics\u003c\/li\u003e \u003cli\u003eBest Practice\u003c\/li\u003e \u003c\/ol\u003e \u003c\/li\u003e \u003cli\u003eCustomer Master File \u003col style=\"list-style-type: upper-alpha;\"\u003e \u003cli\u003eIntroduction\u003c\/li\u003e \u003cli\u003eOwnership\u003c\/li\u003e \u003cli\u003eCustomer File Documentation\u003c\/li\u003e \u003cli\u003eVerifying Customer Data\u003c\/li\u003e \u003cli\u003eUpdating the Customer Master File\u003c\/li\u003e \u003cli\u003eEntering and Securing CMF Data\u003c\/li\u003e \u003cli\u003eCycle Time\u003c\/li\u003e \u003cli\u003eConclusion\u003c\/li\u003e \u003c\/ol\u003e \u003c\/li\u003e \u003cli\u003eAccounts Receivable Metric Reporting and Analysis \u003col style=\"list-style-type: upper-alpha;\"\u003e \u003cli\u003eIntroduction\u003c\/li\u003e \u003cli\u003eAging Reports\u003c\/li\u003e \u003cli\u003eDSO Reporting\u003c\/li\u003e \u003cli\u003eBad Debt Reporting\u003c\/li\u003e \u003cli\u003eCollection Effectiveness Index (CEI)\u003c\/li\u003e \u003cli\u003eReceivables Turnover Ratio (RTR)\u003c\/li\u003e \u003cli\u003eCredit Risk Analysis\u003c\/li\u003e \u003cli\u003eConclusion\u003c\/li\u003e \u003c\/ol\u003e \u003c\/li\u003e \u003cli\u003eAccounting, Records, and Associated Regulations \u003col style=\"list-style-type: upper-alpha;\"\u003e \u003cli\u003eIntroduction\u003c\/li\u003e \u003cli\u003eAccounting Definitions\u003c\/li\u003e \u003cli\u003eFinancial Reporting and Account Standards\u003c\/li\u003e \u003cli\u003eGeneral Ledger\u003c\/li\u003e \u003cli\u003eMonth‐End Close\u003c\/li\u003e \u003cli\u003eFinancial Statements\u003c\/li\u003e \u003cli\u003eAuditing—Internal and External\u003c\/li\u003e \u003cli\u003eRecord Retention\/Destruction\u003c\/li\u003e \u003cli\u003eOther Regulations\u003c\/li\u003e \u003cli\u003eUnclaimed Property\/Escheatment\u003c\/li\u003e \u003cli\u003eConclusion\u003c\/li\u003e \u003c\/ol\u003e \u003c\/li\u003e \u003cli\u003eTechnology \u003col style=\"list-style-type: upper-alpha;\"\u003e \u003cli\u003eIntroduction\u003c\/li\u003e \u003cli\u003eAutomated Accounts Receivable Functions\u003c\/li\u003e \u003cli\u003eTechnology and Tools\u003c\/li\u003e \u003cli\u003eTechnology Is Here to Stay\u003c\/li\u003e \u003c\/ol\u003e \u003c\/li\u003e \u003cli\u003eProcess Management \u003col style=\"list-style-type: upper-alpha;\"\u003e \u003cli\u003eIntroduction\u003c\/li\u003e \u003cli\u003eThe Rationale for Process Management\u003c\/li\u003e \u003cli\u003eGood Processes Enhance Cash Flow\u003c\/li\u003e \u003cli\u003eSelling the Accounts Receivable Asset\u003c\/li\u003e \u003cli\u003eActivity‐Based Management (ABM)\u003c\/li\u003e \u003cli\u003eBenchmarking\u003c\/li\u003e \u003cli\u003eThe Challenge of Change\u003c\/li\u003e \u003cli\u003eCommunication Tools\u003c\/li\u003e \u003cli\u003eAccounts Receivable Organizational Structure\u003c\/li\u003e \u003cli\u003eBusiness Continuity Planning and Disaster Recovery\u003c\/li\u003e \u003cli\u003eLooking Ahead\u003c\/li\u003e \u003cli\u003eConclusion\u003c\/li\u003e \u003c\/ol\u003e \u003c\/li\u003e \u003cli\u003eLeadership and Team Management in Accounts Receivable, Credit \u0026amp; Collections \u003col style=\"list-style-type: upper-alpha;\"\u003e \u003cli\u003eIntroduction\u003c\/li\u003e \u003cli\u003eLeadership Skills\u003c\/li\u003e \u003cli\u003eBecoming a Better Leader\u003c\/li\u003e \u003cli\u003eBusiness Ethics and Integrity\u003c\/li\u003e \u003cli\u003eConclusion\u003c\/li\u003e \u003c\/ol\u003e \u003c\/li\u003e\n\u003c\/ol\u003e\u003c\/div\u003e\u003ch3 id=\"requirements\"\u003eRequirements\u003c\/h3\u003e\u003cdiv class=\"course-sec\"\u003e\n\u003cp\u003e\u003cstrong\u003eRequirements:\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eHardware Requirements:\u003c\/p\u003e\n\u003cul\u003e \u003cli\u003eThis course can be taken on either a PC, Mac, or Chromebook.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eSoftware Requirements:\u003c\/p\u003e\n\u003cul\u003e \u003cli\u003ePC: Windows 10 or later.\u003c\/li\u003e \u003cli\u003eMac: macOS 12 or later.\u003c\/li\u003e \u003cli\u003eBrowser: The latest version of Google Chrome or Mozilla Firefox is preferred. Microsoft Edge and Safari are also compatible.\u003c\/li\u003e \u003cli\u003e Microsoft Word Online \u003c\/li\u003e \u003cli\u003e Adobe Acrobat Reader \u003c\/li\u003e \u003cli\u003eSoftware must be installed and fully operational before the course begins.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eOther:\u003c\/p\u003e\n\u003cul\u003e \u003cli\u003eEmail capabilities and access to a personal email account.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cstrong\u003eInstructional Material Requirements:\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eThe instructional materials required for this course are included in enrollment and will be available online.\u003c\/p\u003e\n\u003c\/div\u003e\u003ch3 id=\"prerequisites\"\u003ePrerequisites\u003c\/h3\u003e\u003cdiv class=\"course-sec\"\u003e\n\u003cp\u003e\u003cstrong\u003ePrerequisites:\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eThere are no prerequisites required to complete this course.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eCertification Requirements: \u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eWhile there are no prerequisites to taking this course, IOFM recommends that you meet one of the following for the Accounts Receivable Manager Certification:\u003c\/p\u003e\n\u003cul\u003e \u003cli\u003eNo degree = 5 yrs. related work experience\u003c\/li\u003e \u003cli\u003e2-year degree = 4 yrs. related work experience\u003c\/li\u003e \u003cli\u003e4-year degree = 2 yrs. related work experience\u003c\/li\u003e \u003cli\u003eAdvanced degree = 1 yr. related work experience\u003c\/li\u003e\n\u003c\/ul\u003e You've got questions.\u003cbr\u003e We're here to help.\u003c\/div\u003e\u003ch3 id=\"instructor\"\u003eInstructor\u003c\/h3\u003e\u003cdiv class=\"course-sec\"\u003e\n\u003cp\u003e\u003cstrong\u003eJess Scheer\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eJess Scheer, Executive Editor, IOFM, is an award-winning business reporter focusing on financial operations. He has spent more than 25 years creating must-have content for professionals in the finance arena. He serves as Executive Editor of the Institute of Finance and Management (IOFM) and the Cash Management Leadership Institute (CMLI).\u003c\/p\u003e\n\u003c\/div\u003e\u003ch3 id=\"faqs\"\u003eFAQs\u003c\/h3\u003e\u003cdiv class=\"course-sec\"\u003e\n\u003cp\u003e\u003cstrong\u003eWhat is the average salary for an accounts receivable manager?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eAccording to Glassdoor, the median salary for an accounts receivable specialist is $58,000, while the median salary for an accounts receivable manager is $79,000. As technology changes the landscape of financial operations and companies seek to optimize cash flow, skilled accounts receivable professionals can leverage in-demand technical and strategic skills to increase their compensation.\u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eWhat does an accounts receivable manager do?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eAn accounts receivable manager oversees the operations of the accounts receivable department, ensuring that all processes are optimized for efficiency and accuracy. Their role includes leading teams, tracking performance metrics, and implementing best practices in areas like credit management and customer account data. They play a key part in maintaining the customer master file and staying informed about how technology continues to shape and evolve the accounts receivable function.\u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eDoes this course prepare you for a certification?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eYes. Upon completing the program, learners will take the exam to demonstrate their ability to manage the accounts receivable process and earn the Accredited Receivables Manager (ARM) designation.\u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eHow long does it take to complete this course?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eAfter you register, you will receive 3 months to complete the course. The time allotted for completion has been calculated based on the number of course hours.\u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eWhen can I start this course?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eThis course is open enrollment, so you can register and start the course whenever you are ready. Access to your course can take 24-48 business hours.\u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eWhat if I don't have enough time to complete the course within the time frame provided?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eThe time allotted for course completion has been calculated based on the number of course hours. However, if you are unable to complete the course, contact the student advising team to see what options you may have available to work out a suitable completion date. Please note that an extension fee may be charged.\u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eWhat kind of support will I receive?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eOur courses are designed to accommodate various learning preferences. Depending on the course structure, you may get different forms of support. Self-paced courses are designed to be user-friendly and independent, minimizing the need for external support. In courses with instructors, our direct platform support feature includes opportunities for questions, discussions, and remediation, with email and phone support available for select courses. Our student advising team is available to guide you on program requirements and administrative requests, but they do not provide assistance with course content. Our goal is to provide you with the necessary support for success, whether it's through self-paced exploration, direct communication, or guidance from our advising team.\u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eWhat happens when I complete the course?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eUpon successfully passing the final exam, you will be awarded a certificate of completion from the school or organization that you registered through.\u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eAm I guaranteed a job?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eed2go courses will help you gain the skills you need to obtain an entry-level position in most cases. However, you should always research the job market in your area before enrolling.\u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eCan I get financial assistance?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eed2go courses are non-credit, so they do not qualify for federal aid, FAFSA, and Pell Grant. In some states, vocational rehab or workforce development boards may provide funding to take our courses. Additionally, you may qualify for financial assistance if you meet certain requirements. Learn more about financial assistance. \u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eHow can I get more information about this course?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eIf you have questions that are not answered on our website, representatives are available via LIVE chat. You can also call us at 1-877-221-5151 during regular business hours to have your questions promptly answered. If you are visiting us during non-business hours, please send us a question using the \"Contact Us.\"\u003c\/p\u003e Related Courses Accounts Payable Specialist Certification (Exam Cost Included) \u003cbr\u003e CAREER TRAINING PROGRAM $1499.00 USD https:\/\/careertraining.ed2go.com\/abac\/training-programs\/accounts-payable-specialist-certification-exam-cost-included\/ LEARN MORE \u003ci class=\"fa fa-calendar ed-cat-week\" aria-hidden=\"true\"\u003e\u003c\/i\u003e3 Months \u003ci class=\"fa fa-clock-o ed-cat-week\" aria-hidden=\"true\"\u003e\u003c\/i\u003e30 Course Hours Accounts Payable Manager Certification (Exam Cost Included) \u003cbr\u003e CAREER TRAINING PROGRAM $1499.00 USD https:\/\/careertraining.ed2go.com\/abac\/training-programs\/accounts-payable-manager-certification-exam-cost-included\/ LEARN MORE \u003ci class=\"fa fa-calendar ed-cat-week\" aria-hidden=\"true\"\u003e\u003c\/i\u003e3 Months \u003ci class=\"fa fa-clock-o ed-cat-week\" aria-hidden=\"true\"\u003e\u003c\/i\u003e30 Course Hours Accounts Payable Specialist Certification with Microsoft Excel (Voucher Included) \u003cbr\u003e BUNDLE $2110.00 USD Save $234.00 (10%OFF) https:\/\/careertraining.ed2go.com\/abac\/training-programs\/accounts-payable-specialist-certification-with-microsoft-excel-voucher-included\/ LEARN MORE \u003ci class=\"fa fa-check-square ed-cat-week\" aria-hidden=\"true\"\u003e\u003c\/i\u003eVoucher Included \u003ci class=\"fa fa-calendar ed-cat-week\" aria-hidden=\"true\"\u003e\u003c\/i\u003e9 Months \u003ci class=\"fa fa-clock-o ed-cat-week\" aria-hidden=\"true\"\u003e\u003c\/i\u003e100 Course Hours You've got questions.\u003cbr\u003e We're here to help.\u003c\/div\u003e","brand":"Hope Training Academy","offers":[{"title":"Default Title","offer_id":47318452469948,"sku":"_GES2185","price":1799.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0742\/1391\/6860\/files\/GES2185.jpg?v=1787604184","url":"https:\/\/shop.videogamepalooza.org\/products\/accounts-receivable-manager-certification-exam-cost-included","provider":"Video Game Palooza","version":"1.0","type":"link"}