Corporate Cashflow Magazine articles from February 1996

Corporate Cashflow Magazine archives from February 1996

Credit sweeps cut corporate debt costs but few banks offer it.
February 1, 1996... Sweep accounts have been a hit with corporate treasury managers because they allow late-day idle balances to be swept from corporate DDA accounts into productive money market investments earning roughly 5.5%. Now an emerging breed of sweep...

How to keep workers comp claims down after downsizing. (workers' compensation)
February 1, 1996... Although workers compensation claims often skyrocket when companies downsize or close plants, there are several steps risk managers can take to ferret out fraud and keep legitimate claim costs low. Robert Hartwig, senior economist at the...

Portfolio approach, customer groupings lift A/R performance. (accounts receivable)
February 1, 1996... For many credit departments, prudent credit limits coupled with an aggressive collections program equals effective performance. However, a portfolio approach to accounts receivable management, rooted in modem software technology, can open the...

Leveraging DB plan for DC participants benefits both. (defined benefit; defined contribution)
February 1, 1996... Tapping the defined benefit stable of managers to provide new options for defined contribution (DC) plans can help both plans. DC participants get the obvious advantage of cut-rate access to outstanding money managers. But the DB plan also...

TPAs, insurers could pocket plan savings. (third-party administrator)
February 1, 1996... Managed care has squeezed health care providers for handsome discounts that sometimes are pocketed by insurance companies and third-party administrators instead of flowing through to plan sponsors and participants. Elusive discounts have led...

Flexible MTNs now fit any debt mold. (medium-term notes)(includes related article on financing strategies)(Cover Story)
February 1, 1996... More "bond" issues are really medium-term notes because large, underwritten offerings find the booming market efficient. Funding the corporation efficiently and opportunistically today means knowing how to make the best use of the medium-term...

Use style allocation to improve pension fund returns.
February 1, 1996... Choosing the most successful investment managers on the basis of their recent performance actually increases your chances of disappointment when that style shifts out of favor. Learn how to analyze investment style return patterns to ensure your...

Interstate deposit accounts save time, cut bank fees.
February 1, 1996... Reconcilement, funds concentration reshaped by coast-to-coast accounts. Cash managers question level of transaction reporting detail. Treasury managers won a major victory in their campaign to simplify, standardize, automate, consolidate and...

Trading preferred for Mips, Toprs and Quips takes hard marketing. (monthly income preferred securities; trust-originated preferred securities; quarterly income preferred securities)
February 1, 1996... Preferred dividends are taxable; interest expense is not. Swap preferred stock for tax-deductible debt securities and the potential savings are considerable. Hence the emergence of exchange vehicles with a bewildering set of acronyms: *...

Bill would tell Fed to drop unemployment goals. (Federal Reserve System)
February 1, 1996... Remember the Carter years, epitomized by high inflation and even higher interest rates? The top priority of then-Federal Reserve Chairman Paul Volcker was to wring inflation out of the economy by tightening the money supply and raising interest...

Bridging the gap between banking and corporate worlds.(Interview)
February 1, 1996... After a two-year stint as an independent financial contractor, Leslie Savickas accepted the position of vice president of finance for the LINC Group Inc., a Chicago-based health care financing and merchant banking company. Prior to joining...