2. What consequences would your decision to adopt an electronic system have on others with whom you do business, including manufacturers of cheque-sorting equipment, Canada Post, and banks? To encourage students to think about the advantages and disadvantages of using an electronic system for handling accounts receivable and accounts payable.

Method Step 1 As the CFO of a utility company, you are analyzing the feasibility or switching from a paper to an electronic system. You decide to discuss the ramifications of the choice with three associates (choose three classmates to take on these roles). Your d iscussion requires that you research electronic payment systems now being developed. Specifically, using online and library research, you must find out as much as you can about the electronic bill-paying systems being developed by companies like VISA International, Intuit, IBM, and the Checkfree Corporation.