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Please use this identifier to cite or link to this item: http://hdl.handle.net/2451/14449

Authors: Kauffman, Robert J.
Issue Date: Aug-1989
Publisher: Stern School of Business, New York University
Series/Report no.: IS-89-129
Abstract: Current management science models fail to adequately recognize that treasury management related to check payments has largely become an information management activity. Check processing operations lack the flexibility to capture information which can be used by treasury managers to make the most effective utilization of check-related funds. This argument is developed by examining the fit between management science models and check processing practice in the U.S. banking industry, as well as at the Federal Reserve Bank, in view of the changes that information technology has wrought and the problems it has the potential to solve. We critique models for inbound and outbound check processing and treasury management for checks, and conclude that models which link check processing and treasury management models hold out significant promise for improving management control.
URI: http://hdl.handle.net/2451/14449
Appears in Collections:IOMS: Information Systems Working Papers

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