Using EDI (electronic data interchange) to improve the accounts payable department.
R Bort, D R Schinderle
Abstract
R Bort, D R Schinderle
Abstract
Additional paperwork, escalating costs, and an outdated accounts payable system at St. Joseph Health System forced management staff to alter the way the accounts payable department operates. This article describes the process the health system used to automate one of its accounts payable departments by using electronic data interchange/electronic funds transfer (EDI/EFT) technology.
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Additional paperwork, escalating costs, and an outdated accounts payable system at St. Joseph Health System forced management staff to alter the way the accounts payable department operates. This article describes the process the health system used to automate one of its accounts payable departments by using electronic data interchange/electronic funds transfer (EDI/EFT) technology.
Key concepts: Accounts payable, Business, Electronic data interchange, Operations management, Actuarial science, Accounting, Finance, Database