CASE STUDY - Sports Officials The Problem After a sporting event, an official would have to fill out a voucher with personal information, and return that voucher before payment would be initiated. Payment would then take between 1 and 4 weeks to get to the official. On the accounting side, this would take time in reviewing vouchers, checking for correct information, and dealing with fixing errors. Checks then had to be written and mailed. Issues of returned, lost, or incorrect checks then cost more time and money. The Solution Market researchers estimate the cost of issuing paper checks to be nearly $10 per check. Contrast that with the roughly $1 per transaction for electronic payments (ACH). Labor costs comprise the largest expense incurred from in-house payment operations. But

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