HCKT Hackett Group Inc

Economists may debate whether the credit crisis has officially tipped us into recession, but it's clear that now is no time to depend on cash flow from financing or investing. Yet at a time of declining orders, how can companies depend on cash flow from operations? How can they keep working capital from swelling as inventory bloats and collection of receivables slows? Join CFO.com to learn from past recessions. With help from financial analyst Karlo Bustos of REL, we'll examine how 500 companies were performing going into the recession that lasted from March to November of 2001. We'll look at their working capital, gross margins, and cost of goods as the recession began, and find out how they fared in 2002 when the recession ended. We'll also take a look those same 500 companies today, and what their performance says about their ability to weather the current economic storm. Tim Reason, editorial director of CFO.com, will then discuss best practices with Mark Tennant, President of Americas for REL, an operational expert on managing working capital. Mark will identify specific pitfalls to avoid, including poor forecasting, demand planning errors, and how poorly managed price and promotion changes can wreak havoc with receivables. He'll also address ways to prevent your sales department from expediting orders in ways that can raise your production costs. This webcast will help companies of all sizes understand how to survive in a recession, and the key areas to focus on to continue generating a healthy positive cash flow. Speakers include: Mark Tennant, President of Americas, REL Karlo A. Bustos, Financial Analyst, REL Tim Reason, Editorial Director, CFO.com To sign up for this Webcast, or view the on-demand replay, visit the following URL: http://www.cfo.com/webcasts/index.cfm/l_eventdetail?webcast=10999552 About REL 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 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. About The CFO Group CFO magazine, CFO.com, CFO Conferences, and CFO Research Services together constitute The CFO Group, an Economist Group business. With a rate base of 450,050, CFO is the leading business publication for C-level and senior financial executives and thus provides a close-to-the-customer connection that extends across all business lines. Additionally, The CFO Group also reaches an international audience of corporate leaders with its global group of magazines, including CFO Europe, CFO Asia, CFO China, and CFO Russia produced by B2B Media under license from CFO Publishing Corp. CFO.com reaches roughly 350,000 senior finance executives each month and won the 2007 Jesse H. Neal Award from American Business Media for Best Website. CFO Conferences sponsor seven events in the U.S., as well as custom events of any size. For more information, visit www.cfo.com.