P-Cards, or purchasing cards, are a great way for organizations to streamline their purchasing processes. However, P-Cards (really, any company-issued credit card, including travel cards) can also be a source of fraud and abuse if they are not properly managed. This is why it’s important to have strong procedures in place for your P-Card. In
9 Best Practices to Make the Most of Your P-Card Auditing Read More »
Think outside the box when monitoring your corporate cards, including P-Cards and travel cards, and realize the benefits.
The Overlooked Value of an Outside Commercial Card Monitoring Service Read More »
Program confidence is at stake when purchasing card fraud is left unchecked. Find three ways to get at the source of the problem before fraud has a chance to lessen the value of your card program.
Preventing Purchasing Card Fraud by Getting to Its Roots Read More »
Commercial credit cards are an amazing time saver. Corporate travel cards and p-cards provide organizations and employees with an easier and more convenient way of handling business travel, making business purchases, and tracking business expenses. To maintain these wonderful benefits, card programs can’t just issue the cards and forget about them. Card managers need to
Seven Training Tips to Ensure Employees Understand Corporate Credit Card Policy Read More »
Procurement professionals are increasingly responsible for focusing on managing spend and often want to find the best ways for the department to add value to the organization. By leveraging expense data, procurement can find better ways to manage spend. This will add value that stakeholders and other departments will quickly come to appreciate in the
Five Ways Procurement Can Add Value to an Organization with Expense Data Read More »
If you pay close attention to statements from your purchasing card (P-Card) banks and companies — as you should — you might have noticed a column with the heading “MCC,” followed by four-number digits. But what does MCC actually mean? And what does it mean for your P-Card and/or travel card program?
What Does MCC Mean? And What Does It Mean for Your Card Program? Read More »
