Corporate Cashflow Magazine articles from June 1995

Corporate Cashflow Magazine archives from June 1995

New 821 format cuts through tangle of data disorder. (cash management)
June 1, 1995... Cash management foot soldiers know all too well the problems posed by multiple data feeds. One common frustration is sifting through the digital Tower of Babel created when banks submit daily balance and transaction reports in different formats....

Agent networks trim collection costs when consumers pay live.
June 1, 1995... Handling recurring consumer payments is a labor-intensive business. Off-loading these low-dollar, high-volume payments to a third party may yield cost savings and better customer service. To slash its transaction costs and improve customer...

Plan sponsors sue when derivative losses mount.
June 1, 1995... Memphis based-Semmes Murphy Clinic sued its fixed-income manager when asset values declined drastically in a portfolio loaded with collateralized mortgage obligations (CMOs) with inverse floaters. Investment Advisors Inc., Houston, slowly...

HMO risk contracts help employers cut retiree medical costs. (health maintenance organizations)
June 1, 1995... Employers are saving money and easing their FAS 106 burdens by getting retirees to switch from traditional health care providers to health maintenance organizations (HMOs) under a Medicare risk contract. Allied Signal Inc. of Morristown, NJ,...

Tug-of-war over Mexican trade debt. (includes related articles)(Cover Story)
June 1, 1995... Cash flow screeched to a halt at the border last Dec. 19 for companies that were selling on credit to Mexican customers. A calculated devaluation by the Mexican government sent the peso into free fall, leaving Mexican companies without enough...

Delayed payments: raise cash without offending vendors. (includes related article)
June 1, 1995... Payment timing optimization analysis discovers the real credit terms Results from the needs analysis were unequivocal: Several hundred thousand dollars of cash could be wrung out of the company's payables. This conclusion became apparent...

Precise policy key to realizing corporate goals.
June 1, 1995... "Hedging" is too simple and "speculative" is a fuzzy term. Imagine this scenario: It's June 1995. You are the CFO of a company with anna sales just under $900 million. You were hoping to post a healthy $20-million pre-tax profit for the fiscal...

Key choice: Russian roulette or a sound investment policy?
June 1, 1995... Investing is one of the three sources of liquidity with which cash managers must contend. The other two are borrowing from credit sources and cash from ongoing operations. Investing surplus corporate cash is the process of temporarily...

Three competing plans would expand bank powers.
June 1, 1995... Merrill Lynch is rooted in securities sales and underwriting. But the investment banking and stock brokerage house also owns Merrill Lynch Bank and Trust Co., a federally insured bank with $1.7 billion in assets - larger than 97% of the banks in...

Pressure builds for banks to tighten lending standards.
June 1, 1995... The lender's new agenda: Keep credit lines open, but stiffen those covenants, trim those time lines, price according to risk, and weed out the laggards. The official wake-up call came early in April when Controller of the Currency Eugene A....