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Beacon FinTrain

Provides an array of professional business and financial training services that stem from improving a corporate's treasury workflow —all the way to efficient, finance training programs.

Course Overview

"Business Collection (Level 1)" offers a foundational exploration of collection models and their implications for both clients and banks. Participants will gain insights into the roles of point-of-sale (POS) and e-commerce in collections, understand platform banking, and learn about revenue-sharing models in this context.

Learning Outcome

Differentiate between models of collection.

Identify benefits of collection models to clients and banks.

Recognize the role of both POS and e-commerce.

Define platform banking.

Apply revenue share model for platform banking.

Course Outline

  • Collection models in detail
  • Monitoring of all companies’ collections

  • Role of POS
  • Role of e-commerce

  • Benefits for clients
  • Benefits for banks

  • POS core business
  • Work flow model

  • E-commerce era
  • Platform banking

  • Revenues to be shared between bank and 3rd party
  • New stream of revenues

Who Should Attend

Entry-level employees in banking operations=Customer service representatives dealing with collections inquiries=Small business owners seeking insights into collections processes=Financial analysts interested in understanding revenue models in banking