-- The Return of Risk Before the credit turmoil, a combination of low interest rates, plentiful liquidity, a strong economy, and a hot real estate market made investors less risk adverse and therefore made funding easily available to issuers, including speculative-grade companies. However, with the credit squeeze in full swing, expect to see a tightening in the credit management function and a push for more scrutiny over credit worthiness across all industries. -- Cash Flow Optimization and the Coming of the Financial Supply Chain Especially with today's credit market fears, cash is once again king. To that end, CFOs will put additional emphasis on making sure their financial supply chain and therefore their cash flow is optimized to ensure they are able to ride out the anticipated tough economy. -- Growing Pressure to Shake up the Entire Accounting Process From the move to fair-value accounting, which could affect everything from hedging strategies to emissions credits, and a push to overhaul financial statements to make them better reflect corporate performance, the industry as whole is about transparency and efficiency around financial processes. Above and beyond government regulated changes, CFOs will be taking extra measures to mitigate risk, which will likely result in additional documentation, disclosures and in general more business processes.About Vengroff, Williams & Associates, Inc. Founded in 1963, and with $23 billion dollars under its management, Vengroff, Williams & Associates is a leading provider of receivables management business process outsourcing (BPO) solutions for Fortune 1000 companies such as Ford Motor Company, Federal Express, Kodak, Microsoft, Yamaha and others. Applying state-of-the-art proprietary information systems, best practice work flow and people to realize cost reductions, operating efficiencies, and improved process design, VWA's approach enables clients to easily insource or outsource all or part of the quote-to-cash function. Solutions are customized to each client's requirements or expanded to incorporate specialized tools and SAS 70 compliant processes and procedures. Services include full order to cash processing, third party collections, EIPP systems, deduction management, dispute management, auto cash solutions, front-end risk mitigation, and tax resolution. VWA has been named a Top 21 enterprise-level FAO service provider by FAO Today Magazine. To learn more about VWA, please visit www.vwainc.com or telephone (866) 393-4892.
Contact Information: Contact: Aimee Quemuel Trier and Company 415.753.9005 aimee@triercompany.com