THE VIRGINIAN-PILOT Copyright (c) 1994, Landmark Communications, Inc. DATE: Tuesday, August 9, 1994 TAG: 9408110765 SECTION: BUSINESS PAGE: D01 EDITION: FINAL SOURCE: Associated Press LENGTH: Short : 21 lines
Owens & Minor, a distributor of medical and surgical supplies, is the first vendor paid by the state through electronic funds transfer. William F. Landside, state comptroller, said the state has cut administrative costs resulting from its Owens & Minor bills by 30 percent since implementing the computerized system in May. Since May, the state has electronically paid 2,283 invoices totaling more than $1.6 million, Landside said. In the past, the state has written about 8,000 checks per year to the company. by CNB