Accession Number : ADA288215

Title :   Paying the Bills of a Major Program: An Alternative Approach.

Descriptive Note : Research rept. Aug 93-Apr 94,

Corporate Author : INDUSTRIAL COLL OF THE ARMED FORCES WASHINGTON DC

Personal Author(s) : Backlund, Jerry A.

PDF Url : ADA288215

Report Date : APR 1994

Pagination or Media Count : 29

Abstract : This research paper analyzes the feasibility of using commercial banking practices and Electronic Data Interchange (EDI) in paying bills. The information revolution requires technology that the United States Government cannot afford to purchase, maintain and update in accomplishing normal finance and accounting business practices. Technology is moving too quickly. In order to take advantage of the information revolution, business practices need to be reengineered not just automated. With the current downsizing of the Armed Forces and with the commercially available computer and information capabilities, it is time to explore new and innovative approaches to paying bills for our major programs. The way we do business is changing due to the impact of the computer and the exchange of electronic information.

Descriptors :   *ACCOUNTING, *FINANCIAL MANAGEMENT, *INFORMATION SYSTEMS, COMMERCE, UNITED STATES GOVERNMENT, AUTOMATION, BANKING, DATA MANAGEMENT, INFORMATION EXCHANGE, COST EFFECTIVENESS, MILITARY PROCURMENT, CONTRACT ADMINISTRATION, INFORMATION TRANSFER.

Subject Categories : Information Science
      Economics and Cost Analysis
      Administration and Management

Distribution Statement : APPROVED FOR PUBLIC RELEASE