In a world where things are becoming increasingly uncertain, companies involved in trading need to understand the legal aspects. Training employees gives them the knowledge and ability to do the job, which benefits the company itself. Improved knowledge on the subject and regulatory changes would help a company deal with disputes, risks and obligations, warranties, breaches and compensation. Therefore, a well-trained employee is a valuable asset to a company. In the changing financial environment, characterized by high credit, default and liquidity risks, factoring helps companies manage the necessary liquidity and offers them the advantage of receiving additional discounts from suppliers. This is particularly important in the services sector because of the particular risks inherent in this sector and the lack of sufficient security. The objective of the authors is the financial and legal analysis of factoring in a changing environment. The authors analyze the main features, benefits and costs of factoring implementation by small and medium-sized enterprises (with a particular focus on the use of factoring in the service sector) and show that the use of factoring can improve the profitability, liquidity and cash flow of the company, as well as time risk management, credit and default. However, the use of factoring is limited due to many limitations and hidden costs arising from the legal environment. The authors point out that the legal environment of factoring is crucial to reduce transaction costs and improve the costs and process of determining the titles of each factoring transaction in each country. Due to the scope of the training, participants should have a vested interest in understanding the business process and legal considerations. Don`t miss the opportunity to hear from industry experts and learn more about the legal aspects of Receivables Finance & Factoring.
To register, click here. Webinar registration: €250 per person * Special discount: The 3rd registration of the same company is free This training combines presentations and panel discussions with Q&A sessions, practical examples and real case studies. High-level experts from the FCI Legal Committee will act as moderators and trainers in all training sessions on the following topics: The training is primarily aimed at all CFI members and “observers” in Europe, the Caucasus, the Middle East and Africa, but is open to participants from all over the world. To support this, the FCI Academy hosted an exclusive online training on legal aspects in Receivables Finance & Factoring: Global Standards & the General Rules for International Factoring (GRIF) via Webex on April 6-7, 2022. If you`re having trouble retrieving your download, click here to return to the article page. Or contact our support team, who will be happy to help you. (Please check your download folder shortly for your download) 6-7 April 2022 10:00-13:00 CET Online, Webex platform.
