U.S. companies now sit on cash reserves of about $2 trillion. With money markets generating limited returns, one of the best investments around is using that cash to drive better purchasing and payment practices through alternative solutions such as purchasing cards, early payment discounts and supply chain financing.
The world's companies are now sitting on more than $2.7 trillion in cash reserves. In the U.S., cash has reached 7.4 percent of total company assets, the highest level since 1959. For companies, finding ways to put all that dry powder to work is a challenge, since money market returns are down to 0.25 percent. Even paying down debt probably won't yield more than 4.6 percent.
REL, a division of The Hackett Group, Inc. 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 of dollars in cash, creating the financial freedom to fund acquisitions, 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 timeframe. REL has delivered work in over 60 countries for Fortune 500 and global Fortune 500 companies.
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