Four Steps to World-Class Working Capital

When it comes to improving working capital practices, companies often seek a quick fix, such as a clear number that tells them how much money they might unlock if they only had better working capital practices. Benchmarking is valuable for uncovering that information, but its value depends on having an adequate degree of similarity in making comparisons. This paper offers four specific practices that companies should find useful in gaining the detailed knowledge they need to raise their working capital game.

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REL, a division of The Hackett Group, Inc. (NASDAQ: HCKT), is a world-leading consulting firm dedicated to delivering sustainable cash flow improvement from working capital and across business operations. REL's tailored solutions balance client trade-offs between working capital, operating costs, service performance and risk. REL's expertise has helped clients free up billions in cash, creating the financial freedom to fund acquisitions, product development, debt reduction and share buy-back programs. In-depth process expertise, analytical rigour and collaborative client relationships enable REL to deliver an exceptional return on investment in a short timeframe. REL has delivered work in over 60 countries for Global 1000 companies.

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Notice of Processing. Any personal data that you provide us, which is collected or processed in connection with your use of our services or site, will be processed in accordance with our Privacy Policy located at www.thehackettgroup.com/privacy-statement/ and may require your data to be processed outside of the EEA (including via our designated third party sub-processors who assist us in our operations). Please read our privacy policy for further information.

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