An analysis of the potential use of corporate trade payments by the Navy.

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Author
Alke, Frederick Charles
Date
1984-12Advisor
Fremgen, James M.
Second Reader
Melchar, David E.
Metadata
Show full item recordAbstract
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. The 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.