P-Cards

One of the most frequent concerns senior management has about instituting a p-card program is that the cards can conceivably put the organization at risk for financial loss in the event of fraud.This

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In recent years, travel and entertainment (T&E), fleet, and purchasing cards have dramatically changed the corporate procurement environment. They’ve helped minimize the need for cash advances,

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In today’s technologic age, it’s not surprising that technology plays a key role in a successful commercial card program. It’s also not surprising that technology, and specific elements… Read More

In the mid-1990s, many companies began examining their financial processes: purchasing, accounts receivable, and accounts payable. Part of what they found was that their costs well exceeded 2- to 3

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For North Carolina’s Wake County Public School System (WCPSS), what once took weeks now takes hours. A purchasing card program implemented in 1999 has enabled the school system to streamline its

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When purchasing cards blossomed onto the landscape in the mid-1990s, the strategy behind the concept was pretty straightforward. It was based on the assumption that the cost of purchasing an item

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Many businesses have implemented purchasing card programs but the question is, are those initiatives successful? “A big mistake that companies make when they put a purchasing card program in place

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Purchasing cards originated in the late 1980s and began to catch on in the mid-1990s as a financial re-engineering tool to streamline accounts payable processes. Originally targeted for small-dollar

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Payment automation has long been the goal for accounts payable departments drowning in a sea of paper invoices. Corporate purchasing cards are ideal for managing the majority of a company's… Read More