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Effective Cash Flow Management

Effective Cash Flow Management
- Managing Your Business Cash Flows for Piling More and More Cash in Your Company

Date: 18h-19th March 2009
Venue: Legend Hotel, Kuala Lumpur, Malaysia

Managing your business cash flows, though is the main responsibility of the Board of Directors, is also the responsibility of all departmental managers and their staffs. BUT, without strong and properly managed cash flows, a company will have great difficulty to pay the creditors, suppliers, employees and banks. The growth of your business will be stunted, and the suppliers and banks will shun your patronage. Cash is needed to pay them. Cash flows, and not profits, that supplier and bank are interested.

The ability to efficiently manage the cash flows of your business is the reason that your suppliers grant credit for goods immediately supplied, and your bank lends money for working capital requirements or capital expansions. The strong liquidity of a company means that you are able to readily pay your obligations.

Thus, your sales persons have to sell mostly for cash, and if not, will have to give low credit limits with short credit terms, your buying persons have to buy on a longer credit terms with higher credit limits, and if otherwise, will have to seek for cash discounts. Your producing people will have to quickly convert the raw materials to finished goods, and your collecting people will have to timely collect all due receivables, and if not, will have to induce early payment by giving cash discounts. Managing your business cash flows always aims at the piling of more and more cash in your business through all the efforts of your whole company’s staffs.

At the end of this workshop, participants will be able to:

Who Should Attend

Finance Managers, Executive, Accountants, Financial Controllers, General Mangers, CFO, COO, CEO and Directors

The Expert - Mr aGEE Lee

aGEE Lee has more than 22 years of experience in the commercial banking in Malaysia and has worked in Malayan Banking Berhad and seconded to Kwong Yik Bank Berhad in 1980 to set up a Legal Documentation Department.

He started as a trainee officer moving up to Branch Manager, Loan Manager managing Corporate and Commercial Loans and finally as Head of Loan Recovery Division bringing down NPLs to RM65m from RM800m. He also worked in a property development company, then constructing a condominium and Nilai 3, for 2 years, and involved in a manufacturing company before working for 2 years in a construction company, executing federal contracts on roads, schools and colleges, in Kota Kinabalu, Sabah. Besides marketing and approving the commercial loans, he was instrumental in setting up the Loan Recovery Section supervising about RM1.9b NPLs and was involved in structuring loans and lecturing modules on debt collecting and legal documentation on securities for 13 years.

His last appointment was with Hong Leong Bank Berhad in 2003/4 as Head of Remedial Management Department. aGEE Lee holds Honours Degree in Economics (major in Business Administration) from Universiti Malaya, Associate of Institute of Bankers (London), Diploma in Marketing Management (NPC) and Certificate in Financial Planning (MII). He is now a Training Consultant for IBBM, MIA and Banks in Malaysia and Vietnam. Currently he has been giving talks on practical topics that will boost skills and confidence of participants.

Workshop Format

HRDF

This workshop is HRDF SBL Scheme Claimable.

Call Us Now!

Do not miss this professional training - The investment is only RM 1690 per delegate, and RM 1590 for the early bird fees (register before 13th February 2009), It's a small investment in future success. If you would like to have more information or would like to know about the fees for group registrations, please do not hesitate to contact us now.

Tel : (603) 40216000
Fax : (603) 40235716
Email : admin@gin-my.com