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New EFTS Funding Opportunity

The NN/LM PNR announces a new award (up to $200) to promote participation in the  Electronic Fund Transfer System (EFTS).

EFTS, a joint effort between the National Library of Medicine and the University of Connecticut, is a system used by health sciences libraries to process payment of document delivery transactions. From a tab within DOCLINE, EFTS members easily build a transaction file and submit it for payment. EFTS eliminates the need to produce invoices or write checks. Benefits of EFTS participation include reduced costs, improved cash flow, reduction of human error, increased efficiency, and reports of transactions.

Not yet convinced? Read comments from satisfied users.

EFTS membership is free, and regular deposits are made to maintain a balance in members’ accounts to pay for transactions. If you are not yet a member of EFTS, apply for these funds to get started. If you already are a member and would like to expand your document delivery services to a new group, consider applying as well. See the full funding announcement for more information.

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