Big U.S. companies are stalling in their efforts to squeeze money from their businesses through better cash management. Some of the biggest publicly listed U.S. companies are now carrying a total of as much as $764 billion in excess working capital -- the cash used to finance the day-to-day operations of a business -- because of inefficiencies in the ways they collect on bills from customers, pay suppliers and manage inventory that is manufactured overseas, according to a survey by REL, a unit of business-consulting firm that focuses on working-capital issues. Click Here to Link to Full Text of Article or visit the following URL: www.answerthink.com/press/dj0607 A detailed REL analysis of the findings is also available online at: http://www.relconsultancy.com/twcUS. About REL REL, an Answerthink company (NASDAQ: ANSR) is a world leading consulting firm dedicated to delivering sustainable cash flow improvement across business operations. REL�s tailored solutions balance client trade-offs between working capital, operating costs and service performance. REL�s expertise has helped clients free up billions of dollars/euros/pounds in cash, creating the financial freedom to fund acquisitions, pension liabilities, 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 the Fortune 500. 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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