REL: CNBC Europe, "The Check's in the Mail,"
July 24 2008 - 2:12PM
Business Wire
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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