Academic Journal
FEDERAL RESERVE BANK OF NEW YORK Current Issues IN ECONOMICS AND FINANCE www.newyorkfed.org/research/current_issues Improving Business Payments by Asking What Corporations Really Want
| العنوان: | FEDERAL RESERVE BANK OF NEW YORK Current Issues IN ECONOMICS AND FINANCE www.newyorkfed.org/research/current_issues Improving Business Payments by Asking What Corporations Really Want |
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| المؤلفون: | Y Krieger, Michele Braun |
| المساهمون: | The Pennsylvania State University CiteSeerX Archives |
| المصدر: | http://www.newyorkfed.org/research/current_issues/ci11-5.pdf. |
| سنة النشر: | 2005 |
| المجموعة: | CiteSeerX |
| الوصف: | A recent study led by the New York Fed sheds light on the changes in the payment process that large corporations would most like to see. The study’s results, summarized in this article, suggest that corporate treasurers and cash managers would particularly value enhancements that decrease unauthorized and insufficiently funded payments, streamline data formats, improve bank services and information posting, and reduce cross-border payment uncertainties. In 2003, businesses sent and received 90 percent or more of the 81 billion noncash payments made in the United States. 1 Business costs for payment services represent a large share of the roughly $300 billion spent annually on incoming and outgoing payments nationwide. 2 Failures in the efficiency or integrity of the payment process therefore carry a high price tag—yet many proposed improvements to the process have been unable to gain widespread support, particularly for business-to-business payments. |
| نوع الوثيقة: | text |
| وصف الملف: | application/pdf |
| اللغة: | English |
| Relation: | http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.370.4214; http://www.newyorkfed.org/research/current_issues/ci11-5.pdf |
| الاتاحة: | http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.370.4214 http://www.newyorkfed.org/research/current_issues/ci11-5.pdf |
| Rights: | Metadata may be used without restrictions as long as the oai identifier remains attached to it. |
| رقم الانضمام: | edsbas.76FC67EA |
| قاعدة البيانات: | BASE |
| الوصف غير متاح. |