In a previous article, Setting Goals for a More Successful Card Program, we discussed the importance of defining goals for your card program by applying the attributes of the SMART acronym, which stands for: But now that you have goals set for your card program, what are you doing to actually achieve them? What good are goals […]
Four Important Steps to Achieving Your Card Program Goals Read More »
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 »
When it comes to work-related travel, experts have projected that we are back to pre-pandemic levels. According to Business Travel News, the World Travel & Tourism Council (WTTC) has projected that global business travel will reach $1.5 trillion at the conclusion of 2024, which is 6.2% higher than 2019, the year before the pandemic. Suffice
10 Controls To Prevent Personal Spending on Corporate Travel Cards Read More »
Supplier diversity has been a hot topic in recent years. Several organizations, whether they be in higher education, or the public or private sectors, have put an increased focus on defining and meeting quotas to ensure that they are doing business with DBE (disadvantaged business enterprise) suppliers. Here at Card Integrity, we’ve written several articles
Supplier Diversity Programs: Distinctions and How They’re Tracked Read More »
Communicating positive purchasing behavior to employees who purchase goods and services for the organization often remains overlooked by approving managers or the central review team. Focused on red flags with potential for fraud or misuse, communicating the risky behavior takes priority. A follow-up by managers of these risks takes precedence to help reduce or stop
Why should companies track supplier diversity? Supplier diversity programs provide a lot of benefits for procurement departments. Tracking supplier diversity helps secure the benefits. Here’s what you need to know.
Why Companies Should Care About Tracking Supplier Diversity Read More »
