Cash Transfer Programming (CTP) – Cash and Voucher Based Course
Introduction
Cash transfer programming refers to the practice wherein cash or vouchers are directly handed to participants of certain programs. This approach is based on linkages, capacities, relationships and incentives to encourage effective market recovery.
Cash provisions and transfers empower affected individuals to decide on ways and means to meet their requirements by effectively using available local resources. While cash transfers are direct transfers of money to eligible persons, vouchers are redeemable against goods or services.
This IRES training course will empower you with detailed information and knowledge about cash transfer programming. By undertaking this course, you would be able to not only comprehend such transactions but also take important decisions that would work in favour of your organisation and the concerned individuals.
Duration
10 Days
Who Should Attend
- Strategic leadership of organisations involved in cash transfer programming as they need to thoroughly understand various types and forms before making important decisions
- Managers and staff overseeing or working in functions and operations concerning cash- or voucher-based transfers
- Financial advisors who need to understand cash transfer programming to foresee financial impact and advise the senior management accordingly
- Investors or potential investors who should understand the prospects of a business before investing in it
- Marketing professionals concerned with marketing activities and projects for an organisation
- Any other professional interested in knowing more about cash transfer programming
Course Objectives
The key objective of this Cash Transfer Programming (CTP) – Cash and Voucher Based course is to empower professionals to—
- acquire critical skills and knowledge important to successfully sustain and fulfil one’s roles and responsibilities within the cash transfer programming domain
- apply one’s talent, knowledge and experience to devise optimal programs for cash transfers and voucher handouts, ensuring equal benefit to one’s organisation and the concerned individuals
- weigh the advantages and disadvantages of using either type of transfer for a particular program and suggest the best way to run the program
- mentor other professionals in successfully managing roles related to cash transfer programming
- layout strategies and plans for one’s organisation under various programs, after checking the feasibility and conditions for launch or sustenance of a program
- contribute to organisational credibility and growth through effective and friendly cash transfer programs
- secure the organisation against financial losses through regular review of returns and expenses on programs
- work in any profile of cash transfer programming, direct cash transfers or voucher-based programs, thus demonstrating one’s dynamism fostering career progression
- determine and use advanced tools for cash and voucher transfers by one’s organisation, making tracking and delivery simple yet accurate
Course Outline
Module 1 – Forms of Cash Transfer
- Cash grants
- Cash for work
- Vouchers
Module 2 – Steps in Planning Cash Grant Interventions
- Consult other development factors
- Explain purpose to community
- Strengthen community-based group
- Recruit and train project staff
- Develop targeting criteria
- Set the value of cash grant
- Develop system for paying beneficiaries
- Collect baseline information
- Develop a monitoring system
Module 3 – Risks Associated with Cash Transfer Programming
- Misuse by beneficiaries
- Market disruption/dysfunction
- Diversion corruption
- Price inflation
- Lack of service providers/lack of liquidities
- Security risks
Module 4 – Technological Assistance in Cash Transfer Programming
- Electronic payment systems
- Mobile phone technology
- Digital data gathering
Module 5 – Advantages of Cash Transfer Programming
- Choice
- Cost-effectiveness
- Dignity
- Economic recovery
- Flexibility
- Empowerment
Module 6 – Disadvantages of Cash Transfer Programming
- Market economy concerns
- Financial mismanagement and corruption
- Negative influence on local culture
- Security risks
- Exploitation
Module 7 – Forms of Vouchers
- Cash vouchers
- Restricted cash vouchers
- Commodity vouchers
Module 8 – Types of Vouchers
- Debit or payment voucher
- Credit or receipt voucher
- Non-cash or transfer voucher
- Supporting voucher
Module 9 – Advantages of Vouchers
- Choice
- Convenience
- Affordable
- Branding
Module 10 – Advantages of Digital Vouchers
- Expense minimisation
- Greater convenience
- Tax compliant
- Better tracking and control
- Enhanced security
- Greater flexibility
- Eco-friendly
Enroll for this Course
We are proud to offer this course in a variety of training formats to suit your needs.
Benefits of Taking a Course at IRES
LEARN
Our courses are carefully curated to keep you abreast of latest industry trends, technological advancements, and best practices. We employ a variety of teaching methodologies, including hands-on workshops, case studies, and interactive sessions, all aimed at fostering an engaging and effective learning environment. Our expert instructors bring a wealth of knowledge and real-world experience, providing our clients with insights that can be immediately applied in their professional lives.
NETWORK
Our courses serve as a vibrant platform for professionals to connect and engage with a diverse community of peers, industry leaders, and experts. By participating in our programs, you gain access to an invaluable network that spans across various sectors and geographical boundaries. This networking aspect is not just about forming professional relationships; it's about creating a supportive ecosystem where ideas, opportunities, and collaborations can flourish.
GROW
Our courses are designed to challenge and inspire professionals to step out of their comfort zones and explore new horizons. Through a combination of theoretical knowledge and practical application, our programs help professionals refine their existing skills and acquire new ones, making them more versatile and competitive.