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Informationen zum Autor James S. Sagner Ph.D.?(White Plains, NY) is Adjunct Professor at the University of Bridgeport. He is former Senior Managing Principal of Sagner/Marks, a treasury management consulting firm with offices in White Plains NY. Prior to forming Sagner/Marks in 1992, Mr. Sagner was with the Consulting Services Division of the First National Bank of Chicago (now Bank One).?He has managed over 250 large-scale studies for companies and non-profit organizations worldwide. He is recognized as an expert in financial management and his clients have included leading insurance companies, securities firms, finance companies, banks, hospitals, manufacturing companies and service organizations.?He is the author of Cashflow Reengineering (1997) and Financial and Process Metrics for the New Economy (2001), and co-author of Essentials of Managing Corporate Cash (2003). Klappentext A comprehensive primer for executives and managers on working capital managementWith limited access to credit and short term funding, it is increasingly important that companies focus on working capital management to free up funds and optimize liqidity. Written in the easy-to-follow Essentials Series style, Essentials of Working Capital Management covers the main components of working capital.* Covers the latest trends around working capital* Discusses a range of working capital topics, including cash management, banking relations, accounts receivable, inventory, accounts payable, and foreign exchange* Analyzes the efficient utilization of current assets and liabilities of a business through each phase of the operating cycle* Examines the planning, monitoring, and management of the company's collections, disbursements and concentration banking* Explores the gathering and management of information and forecast data to effectively use funds and identify riskFocused on how businesses can continue to be successful in these difficult times, specifically in relation to the limited credit available to businesses, this book puts practical guidance at your fingertips so you can put them to work right away. A comprehensive case introduces each major section of the book, and suggested solutions are included in a book appendix. Zusammenfassung A comprehensive primer for executives and managers on working capital management With limited access to credit and short term funding, it is increasingly important that companies focus on working capital management to free up funds and optimize liqidity. Inhaltsverzeichnis Preface xi Acknowledgments xv Chapter 1 Concepts in Working Capital Management 1 Working Capital Concepts 1 Ratio Analysis 7 Working Capital Ratios 7 Significance of Working Capital 12 Applying These Ideas to a Real Business 15 Summary 18 Part I Cash-Transactions, Banking and Credit, and Financial Instruments 19 Comprehensive Case: Widget Manufacturing Case I 19 Chapter 2 Cash: Management and Fraud Prevention 25 Forms of Cash 26 Lockboxing 30 Controlled Disbursement 34 Bank Products Used for Electronic Transactions 37 Summary Chapter 3 Cash, Credit, and Short-Term Financial Instruments 43 Developing a Short-Term Forecast 44 Preparing a Cash Budget 45 Credit Financing 48 Short-Term Investments 54 Summary 59 Chapter 4 Concentration Banking and Financial Institution Relationships 61 Changing Financial Landscape 62 Bank Relationship Management 63 Concentration Banking 64 Request-for-Proposals 69 RFP Evaluation 75 Bank Relationship Reviews 78 Summary 80 Part II Other Working Capital Accounts- Receivables, Inventory, and Payables 81 Comprehensive Case: Widget Manufacturing Case II 81 Chapter 5 Accounts Receivable and Wor...
