REL: Times of London, ''How US Has Edge in Cash''
2007年7月31日 - 10:44PM
ビジネスワイヤ(英語)
Business is all about cash, where it comes from and where it goes.
If we did not know that already, private equity firms remind us
daily, with their aggressive manipulation of cashflow. Nothing
excites a partner at KKR quite like a slumbering business with a
warehouse full of boxes and a back office full of clerks toying
with invoices. Putting the squeeze on working capital � emptying
the warehouse, chasing debtors, slowing payments to creditors � is
grist to their mill. However, culture also plays a big role in
business and so does globalisation. These tend to get in the way of
simple cash management principles. A survey conducted by REL, a
cash management consultancy, and CFO magazine reveals striking
differences between the working capital performance of companies in
the United States and Europe. Click Here to Link to Full Text of
Article or visit the following URL:
http://business.timesonline.co.uk/tol/business/columnists/
article1990918.ece (Due to its length, this URL may need to be
copied/pasted into your Internet browser's address field. Remove
the extra space if one exists.) About REL REL, an Answerthink
company (NASDAQ: ANSR), is a world leading consulting firm
dedicated to delivering sustainable cash flow improvement across
business operations. REL�s tailored solutions generate cash flow
for strategic use while balancing client trade-offs between working
capital, operating costs and service performance. For over 30
years, REL�s expertise has helped clients in over 60 countries free
up billions of dollars/euros/pounds in cash, creating the financial
freedom to fund acquisitions, pension liabilities, product
development, debt reduction and share buy-back programs. In-depth
process expertise, analytical rigor, and collaborative client
relationships enable REL to deliver an exceptional return on
investment in a short period. Through its affiliation with The
Hackett Group, REL leverages Hackett�s empirical insights into the
operations of world-class organizations. The combined client list
of REL and Hackett represents 73% of the Fortune 100, 77% of the
DAX 30 and 51% of the FTSE 100. More information on�REL is
available: by phone at (770) 225-7300; by e-mail at
info@relconsultancy.com; or on the Web at www.relconsultancy.com.
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