Business Case for P-cards

Purchasing cards are much more than just corporate charge cards and they can be used as official P2P vehicles for a wide range of categories for sourcing direct as well as through online catalogues.

Information about Business Case for P-cards

P-Cards can save genuine time and money for busy procurement departments and P2P service teams. They often improve management information, enforce financial control and supplier choice, cut service time and track usage almost perfectly. So why don’t more people use them? In the UK they are common practice and help the procurement profession get away from daily tactical P2P dramas and on to key strategic issues. P2P corporate noise can take up far too much time. Of course, there is a downside too. CFOs often complain that P-cards can actually encourage spending, as it is easier to use a purchasing card than reclaim expenses or go through a discouraging requisition to purchase process. Also suppliers can surcharge to cover their merchant fees and clumsy users can lose receipts when cards are in use. But overall P-Cards often pay their way.

CIPSA are delighted to work with VISA in providing this white paper to introduce the business case for P-Cards.

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