Corporate Cashflow Magazine articles from July 1992

Corporate Cashflow Magazine archives from July 1992

Fast-handed banks offer lower spreads, grab more loan fees.
July 1, 1992... A tactical shift in bank pricing is giving corporate borrowers better rates but not necessarily cheaper funds. Many banks are getting back in fees what they are giving up in spreads. The good news is that LIBOR based pricing options are...

Zero-coupon equity-linked notes make U.S. debut.
July 1, 1992... U.S. companies have been issuing equity-linked notes (ELNs) for several years, providing upside potential for investors and reducing the cost of capital for issuers. A new ELN derivative, with a zero coupon and a leveraged payout, was...

Companies turn workers comp sword on legal costs. (cost management of workers' compensation) (Risk Management)
July 1, 1992... In Slaying Dragons 101, risk managers learn that if it's big, breathes fire and strikes fear in the hearts of CEOs, it's workers' compensation. With their attention turned to medical costs and claims management, some risk managers are being...

Automated systems help risk managers forecast losses. (Risk Management)
July 1, 1992... In the risk manager's nirvana, exposures are the fanfare to a stunning performance. With uncanny foresight, the risk manager makes himself indispensable to the mortal CEO. He deflects losses. He protects assets. He is paid like Lee lacocca. ...

Huge liability judgments pressure CPAs to raise prices.
July 1, 1992... The nation's largest accounting firms, reeling from millions of dollars in legal-liability awards against them, will change the way they do business and jack up fees for external audits, some experts predict. Ernst & Young recently paid...

Trustees take legal action to protect plan and themselves. (Investment & Benefits)
July 1, 1992... When an investment manager screws up and loses pension assets. the diligent trustee replaces the flawed manager, right? That may not be enough. He may be obliged to sue the manager too, notes benefits attorney Greg Braden, of Alston & Bird,...

Disbursement float shrinks but still can be source of value. (check clearing services of banks) (Cash Management)
July 1, 1992... Despite reduced float in the payment system, lower interest rates and increasing use of electronic payments, controlled disbursement remains the most popular cash management service. However, objectives, incentives and break-even points change....

Firms seek quality, not price, in new banking relationships.
July 1, 1992... Corporations are changing the way they shop for cash management banking services and what they seek to buy. In the "hot" 1980s, technical bells and whistles and low prices were in. In the much cooler 1990s, at a time when many leading cash...

EDI gates open for low-tech users with banks, VAN. (electronic data interchange; value added networks)
July 1, 1992... While alliances between banks and value added networks (VANs) are nothing new, National Data Corp. has put a new spin on the concept. The Atlanta-based VAN has developed a product that gives banks the chance to market low-tech financial and...

Don't let float torpedo benefits of financial EDI. (electronic data interchange) (Cover Story)
July 1, 1992... Financial EDI systems have been working and proving their worth to companies since 1983. Nevertheless, they have not caught on as rapidly as many predicted. Today, less than 5% of all payments are conducted via financial EDI, even though...

Environmental liability: ways to fend off toxic payouts. (how companies can guard against Superfund claims)
July 1, 1992... The ominously official-looking letter that arrived in the morning mail informs you that your company has been named a "PRP" (potentially responsible party) in a government action to clean up a polluted dumping ground. You're not an expert...

EDIFACT or ANSI: which road leads to EDI goal? (Electronic Data Interchange for Administration, Commerce and Transport; American National Standards Institute's X12; electronic data interchange)(includes related article)
July 1, 1992... As businesses of all sizes expand through global trading, managing communications among international trading partners becomes more complex. The search for ways to "speak the same language" extends even to electronic data interchange (EDI). ...

Unusual spreads dictate move to munis. (investment yield of municipal securities) (Basis Points) (Column)
July 1, 1992... Tradition! Mark is part of the fourth generation to manage his family's successful, southern company. The executives there all have a family look. It's in their beards, their button-down collars, their natural-shoulder suits (navy or gray),...

Lenders loosen grip for small, mid-sized borrowers. (increased financing options for small- and medium-sized business from banks and non-banking firms) (Capital Ideas) (Column)
July 1, 1992... Financial officers at small and middle-sized companies have good reason to cheer, as bankers and other financing sources step up marketing efforts for this broad range of companies. Some borrowers--with improved sales and reduced...

Bill to regulate insurance puts treasury managers at risk. (Representative John Dingell's proposed bill) (Washington Watch) (Column)
July 1, 1992... The rash of insurer insolvencies may come home to roost: a bill has been introduced in the House of Representatives that would set federal solvency standards for the first time, triggering mixed reactions from risk and treasury managers. ...

It's time to get involved in financial EDI. (financial electronic data interchange) (Treasury Technology) (Column)
July 1, 1992... One of the biggest technology issues facing today's corporate treasury managers is electronic data interchange (EDI). EDI is changing the way companies do business with each other, shifting the ordering process from a snail-like,...