Corporate Cashflow Magazine articles from November 1992

Corporate Cashflow Magazine archives from November 1992

Uncle Sam to flip switch on electronic tax payments. (automated tax payments system under development)
November 1, 1992... The federal government has developed a working prototype for electronic tax payments that should lead to a nationwide system within three years. The IRS and the Financial Management Service (FMS) division of the U.S. Treasury Department are...

Phone service theft rises; companies seek safeguards.
November 1, 1992... It sounds like a bad summer movie--James Bond meets E.T. for two hours of high-tech phoning home--but for thousands of U.S. corporations, the story is not fictional. Computer hackers are breaking into corporate telephone systems and stealing...

Overlooked and under-worked assets: your already owned land and buildings. (Tighten Down on Asset Productivity: High-Torsion Receivables, Real Estate and Intellectual Property) (Cover Story)
November 1, 1992... Working cash to optimize returns is standard treasury practice. Cash typically represents about 2% of total balance sheet assets. A greater payoff might come from working land and buildings--often 15-30% of assets--which are frequently overlooked...

Capitalizing on the financial value of patents, trademarks, copyrights and other intellectual property. (Tighten Down on Asset Productivity: High-Torsion Receivables, Real Estate and Intellectual Property) (Cover Story)
November 1, 1992... When the competition heats up, winning corporations will make sure that all of their assets are deployed productively. Even fairly small asset categories that are carried as dead wood can cut into corporate financial performance. Some kinds of...

Getting maximum effectiveness from accounts receivable. (Tighten Down on Asset Productivity: High-Torsion Receivables, Real Estate and Intellectual Property) (Cover Story)
November 1, 1992... Not long ago, conventional financial wisdom had it that asset-backed borrowing was a necessary evil--a last financing resort. Times have changed dramatically. As traditional sources of unsecured financing dry up for all but the highest-rated...

Poor man's expert system keeps Navy bureau afloat. (Morale, Welfare and Recreation Division of the Bureau of Naval Personnel)
November 1, 1992... Standards of living rise not because people work harder but because people work smarter. If you want to see people working hard, go to almost any underdeveloped country and you will see people working like no one in America works. Economic...

How should a company launching a domestic commercial paper program go about choosing a dealer and designing a back-up credit facility? (Treasur-Ring)
November 1, 1992... To find the answer to that question, Jan Elberse, head of cash management for Visa International, San Francisco, spoke with Dennis Hewitt, assistant treasurer of Omnicom Group Inc., New York. Mr. Elberse: We're preparing to start a $100-million...

How effectively can a corporation consolidate the disbursing activity of separate subsidiaries into a single controlled disbursement account? (Treasur-Ring)
November 1, 1992... Edward J. Russo, assistant vice president of treasury, Grollier Inc., Danbury, CT, wanted to know, so he asked Don Burke, director of banking and financial reporting at Georgia Gulf Corp., Atlanta. Mr. Russo: We're interested in consolidating...

Butting heads over a non-dollar repo strategy. (repurchase agreements) (Basis Points) (Column)
November 1, 1992... Nancy is sailing right along professionally, packing her bags for a move to a European headquarters where she will soon take over the newly created position of worldwide treasurer for her company. Her responsibilities include off-shore and...

Lower dollar stimulates search for export financing. (Washington Watch) (Column)
November 1, 1992... The precipitous fall of the dollar in the foreign currency markets may be boosting your exports and stress-testing your FX hedging programs, but it also could be hurting your stock and bond prices, driving away foreign investors and cutting short...

Public sale of operating units brings cash. (Capital Ideas)
November 1, 1992... Companies working to improve profitability and increase shareholder value sometimes sell off all or part ownership in operating units, a move that is bringing an immediate cash return and promises of significant long-term advantages for the...

Preparing treasuries for disruptions and disasters. (Treasury Technology) (Column)
November 1, 1992... Every treasury manager knows deep down that he or she needs a disaster recovery plan. Greater vulnerability to disasters--and therefore greater need to plan for defense and recovery--is part of the price we pay for advances in technology. But too...