This X12 Transaction Set contains the format and establishes the data contents of the Contract Payment Management Report Transaction Set (568) for use within the context of an Electronic Data Interchange (EDI) environment. This transaction set can be used to enable the transmission of a management report to provide the details of payments and collections made against funds obligated on contracts, orders, and other services.

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ASPECTS OF SALES ORDERS IMPROVED BY EDI ACCURACY - 97%       PRODUCTIVITY - 92%       RESPONSE/CYCLE TIMES - 81%       SALES ACROSS COMPANY BORDERS - 75%       ABILITY TO TRACK/TRACE GOODS - 67%	ASPECTS OF PURCHASE ORDERS IMPROVED BY EDI ACCURACY - 91%       PRODUCTIVITY - 77%       RESPONSE/CYCLE TIMES - 74%       SALES ACROSS COMPANY BORDERS - 65%       ABILITY TO TRACK/TRACE GOODS - 74%
* Supply Chain Insights, LLC; B2B Study, June-September 2013. Survey of Manufacturers, Retailers, Distributors & others currently using EDI.

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