Corporate Cashflow Magazine articles from November 1995

Corporate Cashflow Magazine archives from November 1995

Windows-based treasury systems open new avenues.
November 1, 1995... Treasury workstations, a meteoric phenomenon when they debuted a dozen years ago, have finally arrived as fully integrated information management systems. Besides performing routine banking functions like transferring funds and monitoring account...

Treasury discovers Internet as banks tap electronic showcase. (corporate treasury departments)
November 1, 1995... Are treasurers ready for cash management on the Internet? The global computer network comprising the Internet is the new frontier for financial service marketers, a testing ground for providers eager to reach out to customers in the evolving...

ECP speeds flow of payment data, cuts costs, bad checks. (electronic check presentment)
November 1, 1995... Electronic systems designed to speed the processing of payment information are fast moving off the drawing board and into the market. While paper checks may never disappear completely, cash managers will benefit from the systems and software...

SEC's test-the-water program could cut IPO expenses. (initial public offering)
November 1, 1995... A proposed Securities and Exchange Commission (SEC) rule change would let companies gauge investor interest in an initial public offering (IPO) before preparing and filing expensive and time-consuming registration documents. The...

Employees retaliate: wrongful discharge lawsuits on rise.
November 1, 1995... This age of corporate re-engineering has played havoc with job security. Not all employees are submissively departing, pink slips in hand; some are taking their former employers to court. The U.S. Bureau of Labor Statistics reports that 10.1...

Index funds help RJR cut 401(k) costs, expand services. (RJR Nabisco)
November 1, 1995... Looking for a way to deliver more bang for the buck in their defined contribution plan, officials at RJR Nabisco, New York, rejected bundled services, hired a new recordkeeper and embraced index funds. The result was better services delivered...

DOL may ease rules governing previously banned transactions. (US Department of Labor)
November 1, 1995... In-house asset mangers of about 1,000 large pension plans may soon get a chance to invest in some off-market investment areas previously denied them. A proposed change in ERISA rules will free in-house asset managers (INHAMs) of plans with at...

Shareholders blast 'longevity' pay for outside directors.
November 1, 1995... Shareholder activists took aim at outside director compensation and perquisites this year. Discontent was obvious from the more than 30 proposals to cut off all retirement benefits for outside directors introduced by shareholder groups at...

Automate account analysis: the benefits of combining 822s and revised TMA codes. (includes related article)(Cover Story)
November 1, 1995... 1996 code revisions are coming, but there's no reason to wait. Treasury managers continually search for ways to simplify or automate routine but necessary procedures so they can devote more time to maximizing their cash positions and getting...

New controls needed for successful EDI transition. (electronic data interchange)(includes related articles)
November 1, 1995... Consider vendor bank account and ABA numbers as simply electronic addresses and you open the door to fraudulent diversion. Financial electronic data interchange (EDI) is growing as corporations form electronic business relationships with their...

Efficient cash management for a decentralized business: how virtual zero-balance accounts helped Prudential net $1 million. (Prudential Realty Group)
November 1, 1995... How can you create efficient cash management for a decentralized business? The Prudential Realty Group, a division of the Prudential Insurance Company of America, faced exactly that problem last year and discovered that redesigning their cash...

Breakthroughs in remittance processing: lockbox solutions that improve the application rate.
November 1, 1995... More payments can be matched at the bank to open accounts receivable if your lockbox bank moves beyond traditional services and supplies MICR matching, a key-to-match service or open-invoice matching. After more than 40 years since the first...

Smart issuing: get the most 'spark' from your commercial paper program.
November 1, 1995... Learning how dealers and investors operate can help you use your commercial paper program to maximum advantage. Here are the sophisticated practices smart issuers use to take advantage of market trends and the appetites of investors. The...

Cost/benefit computations: how to capture EDI benefits without losing float. (electronic data interchange)
November 1, 1995... Check float is just one source of value. Early payment discounts and staff productivity are two others. Learn how to compute, then achieve, your optimum payment terms. Corporate treasury professionals often balk at making electronic payments...

Funding the right projects: cost-of-capital computation key to profitable decisions.
November 1, 1995... A distorted picture of a project's funding cost can twist financial decision-making. A true reflection of the real cost to fund a project or acquisition is needed to determine the actual net present values of the alternatives. When financial...

Property classification key to faster depreciation, tax savings.
November 1, 1995... A company constructs a $15-million manufacturing facility and plans to claim annual depreciation deductions of $385,000 for 39 years. Then, a cost classification study identifies $6 million of personal property and land improvements eligible for...

In search of a comprehensive funds payment system.
November 1, 1995... As a consultant, I am often asked to locate, evaluate, recommend or design software solutions for clients. One of the systems that would be most valuable is a comprehensive funds payment system (FPS). Many vendors and banks say they have one,...

Republicans would block state regulation of health benefits.
November 1, 1995... Now that President Clinton's national health care reform proposal is decomposing, should states take the initiative? Republicans, although frequently partial to states rights, are opposing state-level health reform, much to the relief of...

CP finds new role as acquisition funder. (commercial paper)
November 1, 1995... Commercial paper, long the workhorse of America's short-term corporate debt funding, is moving up in class, taking on a thoroughbred patina as an important building block in financing mergers and acquisitions. Some of the bluest of the Wall...

Purchasing cards change corporate buying practices.(Visa - Helping Business Build Business)
November 1, 1995... Lean and mean has been the signature phrase of the 1990s. Corporations across the country have rightsized, downsized, cut the fat, re-engineered themselves and otherwise tried to figure out how to do more with a smaller corporate body. While some...

Benefits of the purchasing card.(Visa - Helping Business Build Business)
November 1, 1995... What are the benefits to a corporation that adopts a purchasing card? There are several, including cost savings, easy analysis of spending patterns, participation in company-wide re-engineering programs and employee empowerment. PURCHASING...

Putting the "E" into electronic bill payment delivery.(Visa - Helping Business Build Business)
November 1, 1995... To pay their bills, U.S. consumers take out their checkbooks and pens and write more than 11 billion checks every year. These payments typically arrive at remittance processing centers via the U.S. mail and generate a flood of paper,...

VisaNet: building on experience, reliability and knowledge.(Visa - Helping Business Build Business)
November 1, 1995... VisaNet[R] the Visa global payment network, fills an important role in processing electronic payments. As an automated clearing house (ACH) operator, it handles ACH payments for its 210 member banks. These payments include consumer payments, such...