2015 Europe Working Capital Survey 2015 Europe Working Capital Survey: Working Capital Practices of the Top European Companies
The 17th edition of the REL Working capital survey analyzes the working capital practices of the 1,000 largest publicly traded European companies by revenue with eye-opening results. Download

2015 US Working Capital Survey 2015 US Working Capital Survey: Find out how top US companies are managing their working capital
The 17th edition of the REL Working capital Survey analyzes the working capital practices of the 1,000 largest publicly traded US companies by revenue with eye-opening results. 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

The State of Source-to-settle Operational Excellence

US state agencies have $1.1 trillion of debt; source-to-settle operational improvements can restore budget bliss. Download

Freeing Cash to Fund Growth

Best-practice and globally standardised receivables processes put ARCADIS on the path to generating €100 million cash to pursue acquisition goals. Download

Stop the Spare Parts Madness

Key steps in getting your maintenance, repair and operating spend (MRO) under control. Download

REL in the Press (UK), "Are you ready for rising interest rates?"

Interest rates have been low for so long that many managers are out of practice operating with high-interest debt. Now, however, with so much in the global economy suddenly volatile, they may soon face the unfamiliar challenge of funding growth in an environment of rising interest rates. A bylined article by REL, a division of The Hackett Group.

December 3, 2015

IDG Expert Network (DACH), "Five Steps to Cash flow Optimization"

In German. Consistant management of cash flow and working capital must not be pursued only in times of crises. It must be anchored strongly and sustainably in companies, demands Paul Moody from REL, a company of the Hackett Group.

November 30, 2015

Markt & Mittelstand online (DACH), "Medium-sized businesses delay in using Supply Chain Financing"

In German. The more liquidity, the better the validity. Supply Chain finance offers a lot of benefits. REL's Paul Moody is quoted on the opportunity for companies to use supply chain finance to improve relationships with suppliers.

November 2, 2015

   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 - Autumn 2015The Working Capitalist - Autumn Special Edition 2015 – A recent REL study found many of the top 1000 companies surveyed waste 15% or more of their EBIT due to inefficient working capital. This issue of The Working Capitalist explains key insights for improving working capital maturity – and what you'll gain along the way.


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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