REL: Reuters, ``Yr-end scramble can hurt long-term results - study''

  
    
  
  
    
      U.S. companies tend to boost fourth-quarter sales by cutting prices and 
      putting off paying bills, but their first-quarter results suffer as a 
      result, straining ties with customers, suppliers and employees, 
      according to a study from REL and CFO Magazine.
    
    
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      More information on the research described in this article is available 
      (with free registration) at: www.relconsultancy.com/games
    
    
      About REL
    
    
      REL, a company of The Hackett Group (NASDAQ: ANSR), is a world leading 
      consulting firm dedicated to delivering sustainable cash flow 
      improvement across business operations. REL’s 
      tailored solutions generate cash flow for strategic use while balancing 
      client trade-offs between working capital, operating costs and service 
      performance. For over 30 years, REL’s 
      expertise has helped clients in over 60 countries 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 period. Through its 
      affiliation with The Hackett Group, REL leverages Hackett’s 
      empirical insights into the operations of world-class organizations. The 
      combined client list of REL and Hackett represents 73% of the Fortune 
      100, 77% of the DAX 30 and 51% of the FTSE 100.
    
    
      More information on REL is available: by phone at [phone]; by 
      e-mail at [e-mail]; 
      or on the Web at www.relconsultancy.com.