For Immediate Release
Saturday, 11 August 2000
 

TREASURER’S USE OF NEW TECHNOLOGY
WILL SAVE COUNTLESS HOURS FOR SC

 

COLUMBIA, SC -- As a part of his ongoing mission to make the State Treasurer’s Office more efficient by utilizing new technologies, State Treasurer Grady L. Patterson, Jr. announced Friday that his office has identified a savings of thousands of labor hours.

State Treasurer Patterson’s office is preparing to institute changes that will rectify longstanding problems with interagency documents known as ‘Green Deposits’. "The changes will affect hundreds of the state’s financial employees and trim thousands of hours from the State Treasurer’s operations," Patterson disclosed.

Now, Green Deposits are manually prepared by a state agency, then forwarded to the State Treasurer’s Office where they are keypunched into the state’s accounting system. At that time, if all information has been processed correctly, the Treasurer’s Office notifies the agency with a receipt. If run perfectly, Treasurer Patterson noted, the procedures for Green Deposits take his office 130 to 150 hours each week – "if there are problems it takes a lot more time," Treasurer Patterson said. The Treasurer’s Office estimates that the number of hours will be initially cut in half, and eventually will almost be eliminated.

"We are using available technology to automate the ‘Green Deposit’ system to make it significantly more efficient and accurate. My office is about to save a staggering three thousand labor hours or more a year," Mr. Patterson explained. "Those hours and our energies will then be dedicated to updating and modernizing other areas in the State Treasurer’s Office."

Treasurer Patterson concluded: "Our efforts will save the state, and South Carolina’s 60,000 state employees countless hours and immeasurable frustration. But, this change is a part of our continuing mission to take advantage of cutting-edge technology to best serve the people of South Carolina."

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David A. Adams, 803/734-0380