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U.S. Department of Health and Human Services

About FDA

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 - 2010

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TimeTargetPercent
Oct 20099698
Nov 20099696
Dec 20099698
Jan 20109697
Feb 20109697
Mar 20109698
Apr 20109698
May 20109698
Jun 20109698
Jul 20109697
Aug 20109698
Sep 20109698

FY 2010 Overall: 98%

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

Fiscal Year - 2010
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TimeTargetNumber
Oct 2009N/A5,820
Nov 2009N/A5,782
Dec 2009N/A7,367
Jan 2010N/A5,115
Feb 2010N/A5,814
Mar 2010N/A7,920
Apr 2010N/A7,636
May 2010N/A7,816
Jun 2010N/A8,110
Jul 2010N/A5,741
Aug 2010N/A9,460
Sep 2010N/A10,504

FY 2010 Total: 87,085

Number of vendor payments made in the month

Fiscal Year - 2010
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TimeTargetNumber
Oct 2009N/A5,921
Nov 2009N/A6,003
Dec 2009N/A7,505
Jan 2010N/A5,291
Feb 2010N/A6,014
Mar 2010N/A8,117
Apr 2010N/A7,822
May 2010N/A7,980
Jun 2010N/A8,277
Jul 2010N/A5,932
Aug 2010N/A9,689
Sep 2010N/A10,721

FY 2010 Total: 89,272

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.