Is your company doing everything possible to control costs? Knowing the culprits of overspending will help to reveal any further measures that could be done to stop it. Continue reading to discover 6 possible ways your company might be a victim of too much spending.
Five Ways Your Company Might Be Overspending Read More »
In our article “Five Ways Your Company Might Be Overspending,” we introduced our five-part series on identifying and ending overspending. In this article of the series, we examine how a lack of knowledge about duplicate payments—due to a lack of visibility—can cause your company to overspend. How a lack of knowledge can cause overspending Overspending
Duplicate Payments: What You Don’t Know Can Hurt Your Business Read More »
When it comes to the use of purchasing cards, there’s the incorrect, there’s the inappropriate—and then there’s the insane. Uncle Ben’s famous quote “with great power comes great responsibility” applies to more than just fighting the Green Goblin, after all. By issuing your cardholders a P-Card, you’re trusting them not to abuse it. Importantly though,
The Weird, Wild, and Wacky World of P-Card Usage Read More »
Just as businesses and corporations of all types and sizes have taken advantage of the benefits and conveniences of purchasing card (P-Card) programs, so have higher education institutions. Some of the challenges and concerns of universities and colleges are identical to those of the business sector — but some are unique to higher education. Communicating
The Challenges of Higher Education P-Card Programs Read More »
Many organizations are facing staffing shortages. Here’s how you can continue to grow your card program despite low staff.
How to Maintain and Grow Your Card Program With Low Staff Read More »
In the world of procurement and internal auditing, and policy compliance, it’s easy to focus on the negatives when we communicate with our cardholders on policy. Non-compliance. Split transactions. Fraud. Maverick/rogue spend. These are all important conversations to have, and it’s not always easy. It’s important to acknowledge and recognize cardholders in your organization that
Give Thanks to Compliant Cardholders This Holiday Season Read More »
