Business Services Industry
REL: CNBC Europe, "The Check's in the Mail,"
Business Wire, July 24, 2008
ATLANTA & LONDON -- Europe's biggest companies are paying their suppliers more slowly, bringing the average pay period to over 45 days, a new report shows. Brian Shanahan from REL provides an overview of the findings of it joint study with CFO Europe Magazine in a conversation with CNBC Power Lunch Europe Anchor Louisa Bojesen.
Click Here to Link to Full Text of Article or visit the following URL: http://www.cnbc.com/id/15840232?video=781329057&play=1
An overview of the research findings and the full survey breakdown of results are also available from REL (with registration) at the following URL: http://www.relconsultancy.com/workingcapital.> About REL
REL, a division of The Hackett Group, Inc. (NASDAQ: HCKT), is a world-leading consulting firm dedicated to delivering sustainable cash flow improvement from working capital and across business operations. REL's tailored solutions balance client trade-offs between working capital, operating costs, service performance and risk. REL's expertise has helped clients free up billions of dollars in cash, creating the financial freedom to fund acquisitions, product development, debt reduction and share buy-back programs. In-depth process expertise, analytical rigor and collaborative client relationships enable REL to deliver an exceptional return on investment in a short timeframe. REL has delivered work in over 60 countries for Fortune 500 and global Fortune 500 companies.
More information on REL is available: by phone at (770) 225-7300; by e-mail at info@relconsultancy.com; or on the Web at www.relconsultancy.com.
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