Need for Benchmarking the GPO Evident from Interquest Forum Keynote

In recapping his brief 11 months in office (a term that will end on Jan. 1, 2012, if the Republicans don’t approve this Obama appointment), Boarman cited a number of GPO accomplishments. One of which involved an emphasis on receiving payments from overdue chargebacks.

In the private sector vernacular, that means chasing accounts receivable to get paid for services rendered. While cash flow is not really an issue for any in-plant, the internal transfer of debits and credits is still essential.