2016 Europe Working Capital Survey 2016 Europe Working Capital Survey: Working Capital Performance of Top European Companies
European companies posted a 1.7% improvement in their cash conversion cycle (CCC) last year as both receivables and payables improved. Download

2016 US Working Capital Survey 2016 US Working Capital Survey: Working Capital Performance of Top US Companies
The 2016 US Working Capital Survey identified some possibly worrisome signs of deteriorating working capital performance. Download

There's Still Time: 7 Ways to Release Cash by Year-End

It's not too late to positively impact your working capital by year-end. Your organisation can take steps now to release cash and also lay the foundation for a sustainable improvement trend. Download

Working capital capabilities: How do you compare?

Working capital or cash flow performance is often seen as a measure of a company's operating health. Test your organization's working capital capabilities and find out how to make permanent improvements in your processes. Download

Achieving Working Capital Maturity: Secrets of the Champions

The 2015 Working Capital Survey of the top 1000 companies in North America and Europe found that a significant number of these companies waste 15% or more of their EBIT through inefficient working capital management. Download

REL in the Press

Ameriquest Business Services Blog, "Effectively Managing Working Capital Means Creating a Holistic Working Environment,"

The inability to effectively manage working capital means your enterprise may be wasting a significant amount of cash. Insights from The Hackett Group's U.S. working capital survey.

September 27, 2016 (France/Europe), "Interview d'Adil Lahlou | Associate Principal - REL France."

In French. An interview of Associate Principal of REL France, Adil Lahlou, covering trends from our most recent working capital survey.

September 21, 2016 (UK/Europe), "European companies could squeeze out €1bn cash, says REL"

European companies improved their working capital performance in 2015 compared with the previous year but still have an "improvement opportunity" worth some €981bn, according to an annual survey by consultancy REL, part of The Hackett Group.

September 17, 2016

   I was very pleased to have a team of such professional people working with me; they looked to identify and resolve issues from day one. REL are extremely professional and dedicated to delivering quality work.   
European Aeronautic Defence and Space Company
   We were impressed with the people of REL; impressed with how they explained the various concepts involved, their emphasis on knowledge transfer, and their collaborative, team-oriented approach. REL proposed an approach that involved Cytec in every aspect of the effort, rather than doing everything with Cytec personnel watching.   
Cytec Industries Inc.
   REL provided both an independent viewpoint and consistent approach - the same people were involved in both phases. The reporting was simple, basic and useful. I like that REL is a small, niche consultancy - they are experts. The differentiator (to other consultancies) is the personal approach that REL provides.   
Heineken Italia S.p.A
   With the pragmatic approach the REL consultants got to the heart of each process and introduced some real hand-on tools and solutions to improve communication on and execution of key-processes in NWC-management supporting change of mindset across management.   
Arcadis NV
   REL brings in good professionals, who roll up their sleeves and start working with local teams to make things happen. They have a hands-on mentality and a no-nonsense approach. They are not like typical consultants who only give you plans to follow.   

Working Capitalist Newsletter

The Working Capitalist - Spring 2016The Working Capitalist - Spring 2016 – Working capital or cash flow performance is often seen as a measure of a company's operating health. This issue of The Working Capitalist will help you evaluate and improve the health of your working capital capabilities, with special emphasis on making the cash collections process more effective and contracting sensibly to enable strong cash flow.


REL, a division of The Hackett Group, has helped many of the world's leading businesses release billions through sustainable working capital improvements. REL focuses on three critical end-to-end processes: inventory management, accounts receivable and accounts payable to increase cash flow and service performance while reducing costs and business risks.
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