P-Cards

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Soon after he was hired to work in the AP department at Utilx Corporation in Kent, WA, Renown Sylvester faced some major challenges. First, management decided to reduce the AP staff from three people

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by Lynn Larson, NAPCP Within the Purchasing Card (P-Card) industry, the subject of revenue sharing tends to receive a lot of attention. These financial incentives, when offered by card issuers to

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A purchasing card program can fundamentally change how your organization processes payables. However, implementing a program is more than simply handing a piece of plastic to each of your buyers. An

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Vendors may soon start charging more to customers paying by credit card, thanks to a $7 billion settlement reached between a retailer group and the two largest credit card companies. On July 13,… Read More

While purchasing card use increased across the board in 2011, growth in the virtual payment card arena significantly outpaced its plastic big brother. Total spending on virtual cards grew 67 percent

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This benefit is cited twice as often as any other benefit by the more than 200 AP professionals who responded to questions about p-card policies and procedures, growth opportunities, and internal

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At a conference of the National Association of Purchasing Card Professionals (NAPCP), p-card pros offered many ideas designed to enhance p-card operations—both in terms of growth and internal

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IOFM contacted Schmidt to ask her to share her secrets about her successful AP operation and her AP best practices. What follows is Schmidt's description of her success with a recent implementation

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First, p-cards were originally designed and used most often for small dollar purchases. And capex expenditures rarely qualify as “small dollar.” Second, in most organizations capex expenditures

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By Pam Miller, APMD In contrast to what we may read in the media, the incidence of p-card abuse is not widespread. In IOFM's recent survey of p-card professionals, only 28.9 percent of respondents

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