KUALA LUMPUR, 30 September 2019 – World-renowned financial performance measurement guru, Alan Miltz, famous for his “Cash Flow Story” innovation tool, will be in Malaysia on 4 October to address SMEs on cash flow mastery. The event is jointly organised by the YYC Group and OCBC Bank (Malaysia) Berhad.
Mr Miltz, a global thought leader in financial analysis for businesses, banks and accountants, will share his thoughts on analysing and improving business profit, cash and business value so SMEs get the knack of how to avoid common pitfalls and instead thrive in what they do.
Mr Miltz’s financial analysis techniques have become a global standard for businesses, CPA’s and banks, and are now being used in 30 countries by over 20,000 customers and leading banks. He is the co-author of the global bestseller Scaling Up by Verne Harnish, in which he contributed the financial component.
According to Datin Yap Shin Siang, CEO of the YYC Group, the event was put together based on alarming data that shows how an SME might appear to be doing well but actually isn’t, due to cash flow issues that are either unknown to them or left unattended to.
The seminar will deal with methods to generate more cash, lower the cost of borrowing, understand how banks review businesses, eliminate business blind spots and scale up.
According to OCBC Bank Head of Emerging Business Mr Wong Chee Seng this collaboration is part of an ongoing partnership with the YYC Group to attend to the pressing needs facing SMEs.
The YYC Group, which began operations in 1974 as a small family business providing accounting services, has since grown into an almost 800-strong entity that has already served more than 20,000 clients. It has offices across Kuala Lumpur, Selangor, Johor, Penang and Singapore offering accounting, taxation, business advisory, cloud transformation, headhunting, payroll outsourcing, a business school and many more.