People are creatures of habit. When an employee with a corporate card or purchasing card (also known as a P-Card, procurement card, etc.) is going about their daily activities, they likely aren’t thinking too deeply about the details of every single transaction, as long as they feel that they are compliant with policy. The same […]
Proper Documentation: Good Habits for Corporate Cardholders 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 »
Learn about vulnerabilities that may exist in your travel card program and the importance of monitoring expenses for potential fraud.
Reinvent Your Organization’s Travel Card Program Read More »
Many companies (perhaps yours as well) have practiced the habit of giving gifts to their clients and customers to thank them for their purchases and loyalty over the years. This often happens during the winter holidays or for other times of celebration when gift-giving is expected. Lately, those gifts might be looking less like boxes
Give Your Business the Gift of Reduced Risk: Prohibit Purchasing of Gift Cards Read More »
Company policies and procedures do matter, and they are at the foundation of any corporate card program.
How Cardholder Training Protects Your Organization’s Finances Read More »
