The cash conversion cycle (CCC) improved by 7.2% last year among Europe's top 1000 nonfinancial companies while net working capital expanded. However, these companies lost the use of over 1 trillion euros, which remained tied up in working capital. Download
Companies have exploited low interest rates in recent years to bolster their financial position and increase spending. But with signs of higher rates ahead, defensive steps may be in order. Download
Which key performance indicator (KPI) offers the best way to measure and monitor accounts receivable? It ultimately depends on your company's particular structure, culture and goals. Download
Companies can't always get paid when they would like to, but they can exercise control over when and how they pay their suppliers. Download
It's not too late to positively impact your working capital by year-end. Your organization can take steps now to release cash from your operations and simultaneously lay the foundation for sustainable improvement. Don't wait until it's too late. Download
REL, a division of The Hackett Group, has helped many of the world's leading businesses release billions through process transformation that drives sustainable working capital improvements.
We focus on three critical end-to-end processes – inventory management, accounts receivable and accounts payable – that can improve cash flow management and service performance while reducing costs and business risks.
The Working Capitalist - Autumn 2018 – Our latest issue of The Working Capitalist newsletter examines untapped cash flow improvement opportunities and some tools (like the Cash Accelerator or the contract cash scoring model) that can help trigger lasting changes. You'll also learn about advanced cash analytics and five essential factors to a successful supply chain finance arrangement.
Supply chain financing lets companies stretch payment terms without hurting their suppliers' cash flow. But according to The Hackett Group's research, only 23 percent of all companies use any type of trade financing. With insights from The Hackett Group's Amy Fong and Veronica Wills.
February 20, 2018
One of the big lessons of Carillion's collapse is the need for companies to maintain a strong working capital position. Finance directors must put in place an organisation wide structure to achieve this, say experts. With insights from The Hackett Group's Bastian Krawinkel.
January 25, 2018
Robert Haas, Senior Consultant, Working Capital Division, at The Hackett Group, discusses the need to prepare for changes in interest rates.
December 4, 2017
In German. Article begins on page 7. The working capital performance of major German companies worsened in 2016: The 132 German manufacturing companies analyzed in the current study by REL, a division of The Hackett Group, had a cash conversion cycle (CCC) of 48.2 days on average in 2016, compared to 46.3 days in 2015.
November 6, 2017