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U.S. Department of Health and Human Services

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The percentage of vendor payments processed via Electronic Funds Transfer (EFT)

Dictionary: The Department of Treasury has mandated that at least 96% of payments must be processed via Electronic Funds Transfer (see press release below). Treasury has documented in 2010 that further increased use of EFT payments could save the Government 400 million dollars and 12 million pounds of paper in the next 5 years. In addition, EFT payments are much more secure than paper checks.

http://www.treas.gov/press/releases/tg644.htm.

Fiscal Year - 2012

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TimeTargetPercent
Oct 20119697.93
Nov 20119698.27
Dec 20119698.15
Jan 20129697.71
Feb 20129697.22
Mar 20129697.32
Apr 20129697.63
May 20129697.42
Jun 20129698.55
Jul 20129697.56
Aug 20129698.82
Sep 20129698.07

FY 2012 Overall: 97.92%

Number of vendor payments processed via Electronic Funds Transfer in the month

Fiscal Year - 2012
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TimeTargetNumber
Oct 2011N/A6,344
Nov 2011N/A7,380
Dec 2011N/A7,153
Jan 2012N/A6,346
Feb 2012N/A5,879
Mar 2012N/A6,568
Apr 2012N/A6,465
May 2012N/A7,559
Jun 2012N/A7,347
Jul 2012N/A7,523
Aug 2012N/A8,770
Sep 2012N/A8,898

FY 2012 TOTAL: 86,232

Number of vendor payments made in the month

Fiscal Year - 2012
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TimeTargetNumber
Oct 2011N/A6,478
Nov 2011N/A7,510
Dec 2011N/A7,288
Jan 2012N/A6,495
Feb 2012N/A6,047
Mar 2012N/A6,749
Apr 2012N/A6,622
May 2012N/A7,759
Jun 2012N/A7,455
Jul 2012N/A7,711
Aug 2012N/A8,875
Sep 2012N/A9,073

FY 2012 TOTAL: 88,062

Glossary

Note: The data provided on this website is produced on an ongoing basis for performance management purposes and is subject to change due to updates of preliminary estimates, corrections, or other reasons. In addition, FDA may change the type or amount of data provided on this website at any time. Information marked as "Completed" may include measures and/or key projects for which activities are ongoing but no longer tracked as part of FDA-TRACK.