Cashflow Reengineering

If cash flow is the lifeblood of a company, then Cashflow Reengineering is a company's health workup. Many businesses, large and small, mismanage their money. Unfortunately, when the aches and pains of increased costs and reduced profits are felt, organizations often misdiagnose the underlying causes and prescribe drastic measures - like layoffs - to alleviate the symptoms. This leaves the disease to flourish, ready to strike again. In this groundbreaking book, James S. Sagner takes the popular and well-established principles of reengineering and for the first time applies them to the everyday problems of cashflow management. He shows readers how to accurately diagnose their company's cashflow situation and correctly prescribe a successful treatment. Sagner's advice cuts to the heart of the matter, focusing on numerous corporate activities that affect cash flow as well as on the negative effects of traditional management philosophies.