E-Government

VA turns to electronic payments to save money, improve work

e-payments

Companies soon will be required to submit payments to the Veterans Affairs Department in electronic form. It will be mandatory as officials work to boost VA's productivity and garner more savings from even the smallest corners.

VA officials announced the finalized rule Nov. 27 in the Federal Register. The new rule takes effect Dec. 27.

Electronic payments will help VA make its timely payments and avoid interest penalties for late payments. VA will also be able to increase how much money it can save from prompt payment discounts. On top of that, VA will bring electronic government deeper into its operations. The result could lead to improving how VA achieves its performance goals and reduces its own costs and the burdens on businesses.

In an April Federal Register notice laying out the proposed rule, VA officials cited a 2006 Government Accountability Office report that found electronic invoicing eliminates paper and redundant data entry, improves data accuracy, and reduces the number of lost or misplaced documents.

In 2009, VA began adding an interim contract clause to have contractors voluntarily submit electronic invoices.

About the Author

Matthew Weigelt is a freelance journalist who writes about acquisition and procurement.

The Fed 100

Read the profiles of all this year's winners.

Featured

  • Shutterstock image (by wk1003mike): cloud system fracture.

    Does the IRS have a cloud strategy?

    Congress and watchdog agencies have dinged the IRS for lacking an enterprise cloud strategy seven years after it became the official policy of the U.S. government.

  • Shutterstock image: illuminated connections between devices.

    Who won what in EIS

    The General Services Administration posted detailed data on how the $50 billion Enterprise Infrastructure Solutions contract might be divvied up.

  • Wikimedia Image: U.S. Cyber Command logo.

    Trump elevates CyberCom to combatant command status

    The White House announced a long-planned move to elevate Cyber Command to the status of a full combatant command.

  • Photo credit: John Roman Images / Shutterstock.com

    Verizon plans FirstNet rival

    Verizon says it will carve a dedicated network out of its extensive national 4G LTE network for first responders, in competition with FirstNet.

  • AI concept art

    Can AI tools replace feds?

    The Heritage Foundation is recommending that hundreds of thousands of federal jobs be replaced by automation as part of a larger government reorganization strategy.

  • DOD Common Access Cards

    DOD pushes toward CAC replacement

    Defense officials hope the Common Access Card's days are numbered as they continue to test new identity management solutions.

Reader comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

More from 1105 Public Sector Media Group