Hackett: CFO Magazine, ''No Uncertain Terms''
March 18 2008 - 9:22AM
Business Wire
In response to weaker receivables performance, CFOs have several
choices, including reeling in marginal customers and tightening
sales terms. But trade-credit decisions are not as straightforward
as some banks' lend-or-no-lend determinations, even in the toughest
economy. They require dispassionate evaluation of data and a
willingness to swap some risk for potential profits. The trick, of
course, is to be aware of heightened risk well before a customer
asks for extended terms. This article includes insights from REL
President Steve Payne and REL Senior Consultant Matthew Kreider.
Click Here to Link to Full Text of Article or visit the following
URL:
http://www.cfo.com/article.cfm/10755453/c_10788146?f=singlepage
About REL REL, a division of The Hackett Group (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 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. More information on REL is available: by
phone at (770) 225-7300; by e-mail at info@relconsultancy.com; or
on the Web at www.relconsultancy.com.
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