Corporate Cashflow Magazine articles from February 1994

Corporate Cashflow Magazine archives from February 1994

Expanding use raises fear that derivatives may hide nasty bite. (Treasury Management)
February 1, 1994... TREASURY MANAGEMENT Explosive growth in the use of derivative instruments is making worried regulators look for ways to warn users against unsuspected risk or cataclysmic market meltdown. Derivatives are financial instruments whose values...

Otis elevator takes receivables to the top floor. (Cash Management)
February 1, 1994... CASH MANAGEMENT A few year ago, Otis Elevators, one of the largest elevator companies in the world, found itself stuck between floors. With lease and occupancy rates down internationally and customers worrying about tight budgets. Otis had to...

Goodwill write-offs may face higher impairment hurdle. (Financing)
February 1, 1994... FINANCING Some companies with goodwill on their books like to write it off all at once. The Financial Accounting Standards Board may soon change accounting rules to make this harder to do, and the Securities and Exchange Commission has begun...

Strengthen trade partner relationships: add value by reinventing accounts receivable processing. (includes related article)
February 1, 1994... Every day, treasury managers confront a world of accelerating change. Just 10 years ago, businesses seemed to be reengineering their collection systems by adding more lockbox banks and locations to improve cash flow. High prevailing interest...

Reinvent accounts payable, outsourcing to bank, to gain security, cost savings.
February 1, 1994... As corporate America searches for ways to automate and/or outsource costly, labor-intensive processes, accounts payable payment processing is an obvious candidate. The corporate resources consumed in providing the accounts payable function are...

Gauging debt capacity.
February 1, 1994... Following the misuse in the 1980s, debt was banished during the credit crunch of the early 1990s. The crunch is now over. Lenders no longer view debt as a four-letter word. Record levels of high-yield bonds and bank loans are being issued....

Cash investment performance: a race worth running. (Basis Points) (Column)
February 1, 1994... Regrettably, but with a sense of relief, the time has come to close the chapter on "Basis Points." We started this column in March 1988 with the goal of objectively reporting on short-term investment trends. Over six years, 72 columns and more...

To raise credit standing, address business and financial risk. (Capital Ideas) (Column)
February 1, 1994... Refinancing is not the only road to higher credit quality and reduced cost of capital. Other opportunities abound for lowering your business risk and financial risk--the major components of creditworthiness. You can bring down your business...

Capital standards could force tighter insurance market. (Washington Watch) (Column)
February 1, 1994... Action by state insurance commissioners to force property and casualty insurers that hold riskier investment assets and greater underwriting exposures to hold more capital will likely cause corporations to pay more for coverage, say treasury...

Take steps now to avoid fraud losses. (Benchmarks) (Column)
February 1, 1994... "Fraud? It can't happen here. Not with my staff. I trust these people. They would not damage the company, and they certainly would not put their jobs, their careers, even their freedom in jeopardy." Right? Wrong! Last year corporate check...