A Project to Determine a More Efficient Method for Management of Commercial Accounts Payable at Walter Reed Army Medical Center
Final rept. Jul 1988-Jul 1989
ACADEMY OF HEALTH SCIENCES (ARMY) FORT SAM HOUSTON TX HEALTH CARE ADMINISTRATION
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This project assessed the effectiveness of current accounts payable processes throughout all functional areas and identified problem areas which have contributed to difficulties with prompt payment. The results indicate that the combined benefits of an interface of existing automated systems, which would streamline the accounts payable process, with an organizational structure, which would provide improved staffing and supervisions, would resolve the problem of timely payment to vendors. A Vendor Liaison Office would serve as the point of entry into the system for questions and concerns regarding payments. Significant reductions in the amount of interest penalties paid, cost reductions from discounts earned, and improved vendor relations can be achieved through this improved method for efficient management of commercial accounts payable.
- Administration and Management
- Medical Facilities, Equipment and Supplies