An Analysis of the Potential Use of Corporate Trade Payments by the Navy.
Abstract
Corporate Trade Payments (CTP's) are a recent development in electronic funds transfer (EFT) technology. Essentially they are a commercial payment system that replaces paper checks with electronic data which are transmitted via the automated clearing house system. This thesis analyzed the potential use of CTP's by the Navy for making vendor payments. This thesis reviewed EFT in general and CTP's in particular. It performed a cost comparison between checks and CTP's, and predicted whether using CTP's would be cost beneficial to the Navy. A survey of private sector companies was conducted to solicit primary market data about using CTP's. The respondents' data were statistically tested to identify possible vendor concerns and needs. Keywords include: Electronic funds transfer, Corporate Trade Payments.
Document Details
- Document Type
- Technical Report
- Publication Date
- Dec 01, 1984
- Accession Number
- ADA152373
Entities
People
- F. C. Alke
Organizations
- Naval Postgraduate School