P-Cards: Best Practices for Effective Management and Risk Avoidance

P-card programs have come a long way since the first purchasing cards came into use in the late 1980s. “When we think of p-cards, we typically think about the traditional ‘card in hand’ type of card programs,” says Deborah K. Stanton, Managing Director, CAPS Research, a non-profit organization that specializes in supply chain management research. “When controllers explore the P-card program offerings that are out there today, they will find that these card programs have really expanded and…