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In recent years, small and medium-sized enterprises (SMEs) have faced challenges due to restructuring in the global industrial chain, resulting in an increasingly unpredictable market. Externally, SMEs are confronted with risks such as trade protectionism in various countries, geopolitical conflicts, currency exchange rate fluctuations, and rising tariffs imposed by the United States. Internally, they experience issues such as the loss and transfer of labor and talent, changes in trading partners, and operational uncertainties. Many SMEs frequently report difficulties in acquiring new business, allocating suitable manpower, managing high operating expenses, and collecting accounts receivable. Some are even hesitant to pursue new business opportunities due to concerns about insufficient manpower to meet increased demands.

This workshop focuses on business risk management, cost control, and the current market environment. Through an analysis of global accounts receivable recovery trends and IQOR RMS’s exclusive global database on bad enterprises, the workshop aims to help businesses of all sizes mitigate the risks of overdue accounts receivable. Additionally, it will explore various operational strategies employed by successful companies in today’s challenging market.

Outline:
1. Market Review in 2024 and Outlook in 2025
- “Collectability Index” of 17 major industries in major countries around the world
- IQOR RMS big data analyzes the payment capabilities and trends of global enterprises; The current maximum risk element of accounts receivable recovery
- The current maximum risk elements situation of accounts receivable owed to Hong Kong enterprises
2. Recommendations for efficient market operations and risk management
- How to reduce risks when there is a shortage of staff;
- Master the latest efficient techniques of risk monitoring in the early stages of business operations;
- Advance collection techniques
3. Efficient Accounts Receivable Management Methods
- Common, practical and effective solutions in the market
- IQOR RMS’s efficient accounts collection solution
- Other effective and cost-effective solutions

Learning Outcomes:
- Understand the global market trends in 2024 and 2025, including key risk factors affecting accounts receivable recovery
- Learn practical strategies to reduce business risks, especially during staff shortages, and improve operational efficiency
- Explore cost-effective and practical solutions for mitigating overdue receivable risks and enhancing cash flow management

Who Should Attend:
Business owners, financial managers, and operational leaders who facing challenges in accounts receivable management and business risk control.

DISCLAIMER
Speakers' presentations at this event are intended for educational purposes only and do not replace independent professional judgment. Statements of fact and opinions expressed during this event are those of the speakers and participants and, unless expressly stated to the contrary, are not the opinion or position of the Hong Kong General Chamber of Commerce, its members, or its committees. The Chamber does not endorse or approve, and assumes no responsibility for, the content, accuracy or completeness of the information presented. Attendees should note that, with the approval of speakers, this event may be recorded, and possibly published on the Chamber's website in audio and/or video formats without further notice.

Recording, duplication or distribution of the contents of the online event is prohibited without prior written permission from the Chamber.

Speaker(s)

Norris Chan, Senior Consultant, Receivable Management Services (HK) Ltd

Norris Chan has over 30 years of hands-on experience in the debt collection industry. As a seasoned practitioner in debt receivables, Norris and his team have managed cross-border portfolios worth billions of US dollars across various sectors, including finance, telecommunications, and manufacturing. He is a popular speaker and has conducted over a thousand seminars throughout Greater China. His clients include the Canton Trade Fair, ET Business College, and HKU SPACE, among others.

Language

Cantonese

Date and Time

2025/03/26 15:00 to 17:30

Venue

Chamber Theatre, 22/F United Centre

Media

Closed to media

Enquiries

Wabi Law
Tel: 28231293
Email: wlaw@chamber.org.hk

Fee

Members @ HK$420 / Non-Members @ HK$580
+$50 for booking offline
This event accepts Chamber Coupon (terms and conditions)
Members enjoy 30% discount with BOC HKGCC VISA Card

Notes

- Bookings are only confirmed upon receipt of payment, on a first come first served basis.
- Booking transfer is allowed for corporate members with advanced notice, walk-ins are normally not accepted.
- The Chamber reserves the right to decline any booking or cancel the event. In such case, a full refund of the participation fee will be issued.
- No refund will be made for last minute cancellations or no-shows. If the booking is cancelled at least 7 days before the event, and in such cases the refund will be subjected to a 10% administration fee, or HK$100 deduction, whichever is higher.
- Members paying with their BOC HKGCC Visa Card will enjoy a 30% discount on their reservation. The discount is only applicable to the card holder, and does not extend to their guests. The discount cannot be used in conjunction with Chamber Coupons.
- A $50 handling fee per person will be charged for all offline bookings (e.g. fax, e-mail, post) for all Chamber events. Go online today by downloading our app or registering on the HKGCC website to save the environment and money.
- Priority is given to corporate members. The decision to accept or decline any booking shall be at sole discretion of the Chamber.