Working Capital Management


The Working Capitalist

In this issue of The Working Capitalist, we feature examples of how companies are taking innovative approaches to inventory, receivables and payables to reap real bottom-line benefits, which can be used to fund innovative growth initiatives elsewhere in the enterprise.

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.

Boost Cash Flow Forecasting Accuracy Through Improved Working Capital Processes

Whether implementing targeted changes or addressing working capital management more broadly, following the lead of top performers by improving, automating and/or standardizing key processes can improve cash flow predictability and, thus, the ability to forecast cash needs more accurately.

The Earnings Game: Is gaming the system at year end to meet working capital targets really worth it?

Pressures from investors make public companies to spend much effort on making the numbers - especially working capital ones - look good at year end.

2013 Working Capital Survey: Lessons from Top European Performers

The 15th edition of the REL 1000 Working capital survey analyzes the working capital practices of the 1,000 largest publicly traded European companies by revenue with eye-opening results.

2013 Working Capital Survey: Lessons from Top US Performers

The 15th edition of the REL 1000 Working capital Survey analyzes the working capital practices of the 1,000 largest publicly traded US companies by revenue with eye-opening results.

Achieve Cost and Revenue Goals Through Sustainable Working Capital Improvements

Working capital management and the relationship of cash flow performance to cost and revenue performance remains a largely unexplored avenue for many corporation.

The Seven Secrets of a Successful Working Capital Initiative

Learn the critical success factors and reinforcing mechanisms that lead to long-term working capital improvements.

Is Indirect Spending Weighing You Down?

Depending on the industry, indirect spending accounts for 18-35% of a company's global revenue. The REL Consultancy's new paper discusses how to Increase your cash-flow by working capital optimizations of indirect expenses.

Meet the New Mandate: The Treasurer's New Role

Treasurers have always played a central role in cash management, but mostly through control. Next-generation cash management requires treasurers to lead as well.

Find out How the Top 1000 Companies Are Managing Their Working Capital

Download REL's 2012 Working Capital Survey to find out how the top 1000 companies manage their working capital and discover the key metrics of world-class performers.

A Fine Balance: Optimising Working Capital Trade-offs

Optimising working capital trade-offs is critical - especially in a recovering economy. The ultimate question is whether they're decided through guesswork or on the basis of fact-driven analysis rather than instinct.

As the Center of World Trade Shifts so Will Working Capital

General wisdom holds that any future growth would occur across a set of emerging economies commonly referred to as the BRICMK markets. To seize this opportunity one needs to understand the impact of expanding in emerging markets on companies net working capital (NWC) performance and how companies are managing processes to adjust this change.

Blueprint for a Cash Culture

To help CFOs build a cash culture, REL asked companies to share details of their cash-management practices.

Discovering the Cash Tied up in Your Working Capital

Plan and implement steps to release cash from your working capital. Achieve a sustainable and improved working capital management.

Five Steps to Improve Cash Flow

Executives realize that in a volatile era, there is no substitute for cash. No matter how much revenue you recognize or how many assets you have on your books, the simple and enduring truth is that the only enterprises that survive are those that generate enough cash to keep their operations running.

Hoarding Cash Yet Leaving Trillions

The REL 1000 cash management surveys found that companies are hoarding tremendous amounts of cash. In 2010, the U.S. 1000 companies had $853 billion, up 6 percent from the previous year and up an eye-opening 74 percent since 2005, while the Europe 1000 companies had €649 billion, up 18 percent from the previous year and 57 percent since 2005.

Winning By the Numbers: Following the Right Metrics Can Boost Working Capital Efficiency

Key performance indicators (KPIs) are easy to derive and understand, and they help executives track the health of the entire business. While KPIs can indicate how well a specific area of the business is operating, they do not necessarily explain why the business is succeeding or struggling.

Working Capital Management for the Automotive Sector

A Q3 2011 analysis of the auto industry indicated $13 billion in working capital opportunities for the top three US automakers and $6.7 billion for US auto suppliers.

4 Working Capital Project Pitfalls and How to Avoid Them

Gain insight on how you can avoid the 4 working capital pitfalls to ensure your project success in terms of achieving sustainable improvements in processes, cost and customer service.

REL provides intelligence and insight on how companies can achieve corporate ambition through the liberation of cash. We are dedicated to providing senior executives with fact-based performance metrics and best practices through proprietary research publications. Executives realize that in a volatile era, there is no substitute for cash. No matter how much revenue you recognize or how many assets you have on your books, the simple and enduring truth is that the only enterprises that survive are those that generate enough cash to keep their operations running.