A
- Account analysis (bank invoice)
- Accounts payable management. See also Procurement (purchasing) cards
- active and passive
- elements of
- float opportunities
- metrics of
- organizing for
- outsourcing. See also Comprehensive payables; Freight and logistics services
- policies
- processing expenses of
- procurement (purchasing cards. See Procurement (purchasing) cards
- ratios
- using internal processes
- Account reconciliation (of disbursements)
- cost
- full and partial reconciliation
- Accounts receivables management
- aging of receivables. See Aging schedule
- float opportunities
- policies for
- preferential or punitive treatment of customers
- ratios of
- Accrual accounting. See also Cash accounting
- Accrued expenses
- ACH (automated clearinghouse). See Electronic payments
- Aging schedule, 75n1 (in Exhibit 5.3)
- construction of
- interpretation of
- Asset-based financing
- concept
- cost
- factoring of receivables
- inventory financing
- industries using
- issues in using
- organizations offering
- Availability (in check clearing)
B
- Balance sheet issues
- accounts on
- assets and liabilities
- fiscal year
- net worth
- notes to
- valuations
- Bank credit. See also Lines of credit; Asset-based financing
- Bank relationship management
- control of records
- elements
- finance as the “gatekeeper”
- monitoring compliance
- multiple bank accounts
- relationship reviews
- selection of banks
- Bank technology. See Information technology
- Banker's acceptance (investment product)
- Banking. See also Account analysis
- principal relationship
- funds mobilization
- selection of
- credit facilities, provisions of
- definition and use in text
- information systems. See information technology
- interstate banking prohibitions
- legislation and regulation. See also Federal Reserve Board regulations; Legislation significant to working capital
- Basel 2 accords
- Glass-Steagall Act of 1933
- Gramm-Leach-Bliley Act of 1999
- McFadden Act of 1927
- limitations on the business activities of banks
- rationalization of structure
- selection of
- separation of investment and commercial banking
- services, banking
- finance as corporate gatekeeper
- frauds that occur. See Fraud
- Benchmark interest rates
- Federal funds (Fed funds)
- LIBOR
- Benchmarking (best practices)
- advisory firms
- concerns in the use of
- methodology
- Best Buy
- Beta (β)
- Bill of lading
C
- Capital asset pricing model (CAPM)
- Cases
- By name
- Dinner Bell Hotel
- Koala Fun
- Miller Building Supplies
- Office Smart
- Quacker Cracker
- Widget Manufacturing (with solution)
- Young Brands
- by topic
- cash budgeting
- comprehensive financial issues
- determining optimal capital structure
- family business financial issues
- financial planning
- financing a small business
- transitioning to a new bank
- concept of
- defining case problem
- introduction to
- Cash. See also Working capital
- definition
- failures in managing, examples of
- forms of cash
- Cash accounting. See also Accrual accounting
- Cash budgeting
- Cash concentration. See Banking
- Cash conversion cycle. See also Dell Computer
- Cash discounts. See Terms of sale
- Cash management, examples of reactive
- Cash mobilization
- company initiated
- deposit reporting services
- standing instructions
- Category killer. See Best Buy
- Change, overcoming resistance
- Check Clearing for the 21st Century Act of 2004 (Check 21)
- Checking accounts (depository)
- control of access
- excessive accounts
- multipurpose accounts
- template of costs (compared to comprehensive payables)
- Collection of receipts. See Lockboxing
- Commercial paper
- Comprehensive payables. See also Accounts payable management; Checking accounts (regular)
- benefits and costs
- data transmitted to bank
- disbursements, check
- electronic disbursements
- Concentration banking. See Banking
- Controlled disbursement. See also Account reconciliation
- cash letter
- cost
- float opportunities
- fraud prevention
- funding options
- positive (match) pay
- procedures
- Corporate responsibility. See International working capital
- Cost of capital
- Country risk analysis (CRA)
- recent experiences
- types of risk
- Credit crisis (beginning 2008)
- response of business during
- Credit facility
- basic provisions
- information required for
- representations and warranties
- terms
- Credit reporting
- cost
- fixing a credit score
- general procedure used
- illustrative report
- pricing
- providers of service
D
- Debt collection services
- Dell Computer
- Depository (bank) accounts (DDAs)
- control of access to
- excessive number of accounts
- multipurpose accounts
- Deregulation. See Financial deregulation
- Direct deposit (of payroll)
- cost
- fraud prevention
- promotion of
- Disbursement payments. See Controlled disbursement
E
- Earnings credit rate (ECR). See also Account analysis (bank invoice)
- Economic order quantity (EOQ). See Supply chain management
- Efficiency and working capital
- focus on cash in managing working capital
- other opportunities (than cash)
- need for aggressive management
- supplemental ratios for
- teamwork required in managing
- Electronic payments
- ACHs (automatic clearinghouse transactions)
- advantages and disadvantages
- cost
- Fedwires (Federal Reserve wire transfers)
- advantages and disadvantages
- cost
- terminal-based electronic payments
- Enterprise resource planning (ERP). See Information technology
- Enterprise risk management (ERM). See also Risk
- process
F
- FASB (Financial Accounting Standards Board)
- Factoring. See Asset-based financing
- FDIC (Federal Deposit Insurance Corporation)
- Federal Reserve Board regulations
- Regulation Q
- Regulation Y
- Fed wire transfer. See Electronic payments
- Finance. See Banking; Working capital
- Financial deregulation
- Float. See also Accounts payable management; Accounts receivable management; Lockboxing
- Forecasting, short-term
- Foreign exchange (FX)
- cross-border clearing and settlement
- documentation flow
- electronic payments, progress toward
- Single Euro Payments Area
- factors influencing rates
- summary of economic factors
- transaction mechanisms
- continuous link settlement
- forward rates
- futures (commodities) contracts
- multicurrency accounts
- recent rates
- spot rates
- structures to manage
- reinvoicing centers
- status of European centers
- tax advantaged centers
- Fraud
- Freight and logistics services
- Funds mobilization. See Banking
G
- GAAP (Generally Accepted Accounting Principles)
- Global capitalism, advantages
- Glossary of terms
H
- Harmonization, tax
- Hedge (hedging)
I
- Information technology
- application service providers (ASPs)
- bank systems
- advanced service modules
- standard service modules
- original development of
- payment modules
- cost of
- Internet technology
- benefits
- disadvantages
- features
- support for organizational decision making
- enterprise resource planning (ERP)
- advantages
- disadvantages
- functionality
- purpose
- internal support required for success of
- principles in selecting
- responsibilities in bank activity decisions
- selection of systems
- bank vs. ERP
- conduct vendor search (phase 2)
- determine requirements (phase 1)
- lack of rigorous evaluation
- past successes/failures
- principles in selecting
- provide justification (phase 3)
- vendor alternatives
- International working capital. See also Country risk assessment; Foreign exchange; Letters of credit
- corporate governance
- cultural and corporate practices
- banking
- communications
- culture
- legal and tax
- time zones and language
- elements
- pooling and netting
- recent opportunities
- risk. See Global financial risk
- structures to manage
-
- reinvoicing centers
- tax-advantaged
- significance of
- transparency and ethical behavior
- Sarbanes-Oxley Act of 2002, relationship to
- Inventory management
- cycle of
- decentralized
- investigating history of
- metrics of inventory cycle
- organizing for
- policies
- ratios
- Invoice generation
- design issues
- invoices vs. statements
- timing
J
- Joint ventures
- Just-in-time (JIT). See also Supply chain management
L
- Legislation significant to working capital
- Letters of credit
- concept of
- cost
- documentation
- Lien
- Line of credit
- collateral
- committed and uncommitted
- credit rating agencies
- fees
- illustrative loan agreement
- loan covenants
- material adverse change (in Exhibit 5.3)
- preparing for lender meeting
- pricing
- profit to banks on
- purpose
- Liquidity and working capital
- adequate amount for business needs
- comprises more than cash
- measuring and managing
- ratios of
- supplemental (total receipts-to-cash flow)
- traditional (current and quick ratios)
- Loan covenants. See Lines of credit
- Loan, term
- Lockboxing. See also Checking accounts (regular), problems in using
- availability
- calculation of float and processing costs
- base case
- improvements to base case
- check clearing in depository system
- cost
- delays eliminated by using
- float opportunities
- fraud prevention, assists in
- holdover of mail
- imaging
- procedures
- retail lockbox
- magnetic character ink recognition (MICR)
- wholesale lockbox
M
- Material adverse change. See Line of credit
- McFadden Act of 1927
- Metrics, working capital. See also Ratio analysis
- cash conversion cycle
- problems in the use of
- aggregated data
- fiscal year
- off–balance sheet obligations
- window dressing
- Money market mutual funds (MMFs)
- Municipal securities
N
- NAICS
- Noncredit banking services
P
- Payables. See Accounts payable management
- Payment stream matrix
- Payroll. See also Direct deposit (of payroll)
- paycards
- Phoenix-Hecht Blue Book of Pricing
- Prepaid expenses
- Processing expenses (and float)
- Procurement (purchasing) cards
- PCAOB (Public Company Accounting Oversight Board)
- Purchasing. See also Economic order quantity; Just-in-time; Supply chain management
- cost of purchase orders
- purchase order and receiving report
- purchasing cycle problems
- commodities futures
- investigating potential problems
- local buying
- matching purchasing documents to invoices
- vendor prices
R
- RMA Annual Statement Studies
- Ratio analysis. See also Metrics
- activity utilization ratios
- average collection period
- inventory turnover
- receivables turnover
- alternative ratios
- construction of
- leverage ratios
- financial leverage
- times interest earned
- liquidity ratios
- current ratio
- quick ratio
- profitability ratios
- profits to sales
- return on assets
- return on equity
- sources of published ratios
- statistics of
- use of ratios. See also Metrics, working capital
- Best Buy example
- cross-sectional analysis
- longitudinal analysis
- Repurchase agreement (repo)
- Request-for-proposal (RFP)
- contract review
- developing a listing of potential bidders
- evaluation of
- illustrative questions
- issues covered in RFPs
- pricing
- and quality issues
- unbundling
- request-for-information (RFI)
- templates, source of RFP
- Riegle-Neal Act of 1994
- Risk and working capital. See also Enterprise risk management (ERM)
- measurement of
- traditional management of
- types
- credit
- information reporting
- liquidity
- operational
S
- Sales financing
- outsourcing
- potential customer effects of
- types of
- Sarbanes-Oxley Act of 2002
- Short-term investments. See also specific entries
- policies
- recent investment rates
- Statement of Cash Flows
- Supply chain management
- benefits of
- economic order quantity (EOQ)
- just-in-time (JIT)
- systems for
- capabilities (functionalities)
- vendors offering
- Sweeps (investment product)
T
- 10-K's (SEC required report)
- Technology. See Information technology
- Terms of sale
- cash discounts
- calculation of value
- concerns in offering
- deciding whether to accept
- quantity discounts
- trade discounts
- Transit routing number (ABA number)
- Treasury securities (U.S.)
- Troy's Almanac of Business and Industrial Financial Ratios
W
- Websites, financial
- commercial banks
- finance companies
- government
- information providers
- organizations
- vendors, other
- Work-in-process (WIP)
- Working capital. See also Efficiency and working capital; Liquidity and working capital
- actions to improve management of
- banking
- general
- information technology
- international
- inventory
- managing the working capital cycle
- payables
- receivables
- cases on. See Cases
- change implementation
- cost as the issue
- definition of
- description of accounts
- developments in management of
- twentieth- and twenty-first-century business models
- interconnectivity in the twenty-first century
- ideas basic to
- significance of
- modern view
- traditional view
- timeline
- U.S. legislation affecting
..................Content has been hidden....................
You can't read the all page of ebook, please click
here login for view all page.