Corporate Cashflow Magazine articles from August 1995

Corporate Cashflow Magazine archives from August 1995

Continuous ACH processing adds to flexibility, capacity. (automated clearing house)(Trends: Cash Management)
August 1, 1995... Imagine being able to make electronic payments, debit customer accounts or send a direct deposit payroll file to hourly employees without worrying about missed deposit deadlines. The four deposit windows, or cutoff times, of the automated...

Companies worry: could EMF exposure be the next asbestos? (electromagnetic field)(Trends: Risk Management)
August 1, 1995... In recent years, electromagnetic field (EMF) exposure litigation has been grabbing headlines, with plaintiffs claiming their cellular telephone use or their horne's proximity to power lines caused them to develop cancer, Alzheimer's or a variety...

Outsourcing shifts work, not fiduciary responsibilities.(Trends: Investments & Benefits)
August 1, 1995... Outsourcing employee benefit plan duties doesn't necessarily mean getting rid of them. "The vendor and the sponsor are partners," says Edward Lavelle, senior vice president, sales and marketing, for defined contribution (DC) plans, ALIAC...

Hedging debt with derivatives: using swaps and options to manage interest rate risk. (includes related article)(Cover Story)
August 1, 1995... Why on earth do treasury managers need another article on derivatives? Because, despite all the hyde and criticism, there still is a shortage of rational information on the subject. There is considerable literature, most of it simplistic,...

The re-engineered treasury: the pros and cons of outsourcing check issuance.
August 1, 1995... The average check costs $3-7 to print, mail and reconcile in-house. Outsourced, it should cost less than $1. Treasury managers have made great strides in cost-cutting recently - consolidating bank relationships, improving the efficiency of...

Know when to outsource back-office collections.
August 1, 1995... Funny thing about outsourcing: While everybody's talking about it, few treasury managers can answer even the most basic questions about its implementation. To win, you have to know how to play the outsourcing game. The first step is knowing...

Pay attention to swap contracts.(Contracting for Derivatives)
August 1, 1995... When companies consider swap risk, they may overlook something important - the ISDA agreement. You have decided that your company can benefit from over-the-counter (OTC) derivatives. Whether your company plans to use simple floating-to-fixed...

GATS battle tests barriers to global financial competition. (General Agreement on Trade in Services)(Washington Watch)
August 1, 1995... While most foreign banks, insurers and securities firms have complete access to U.S. markets, the same is not true for U.S. financial companies that would do business abroad. Corporate treasury managers say that impedes their opportunities,...

Surging interest in 144A issues undercuts bank loan volume(Capital Ideas)
August 1, 1995... Few blessings are unmixed, as bankers and other lenders are discovering in the wake of the newly energized 144A high-yield bond market. While easing lenders' risks by going the 144A route, companies are using some of their bond proceeds to pay...