When it comes to small purchases, P-Cards are a great tool to simplify the process, however, managing P-Card spending is not without its challenges. The key to a successful procurement card program,
9 Best Practices to Make the Most of Your P-Card Auditing
P-Cards, or purchasing cards, are a great way for organizations to streamline their purchasing processes. However, P-Cards can also be a source of fraud and abuse if they are not properly managed.
Five Best Practices for Tracking Card Program Goals
The start of a new year, either a fiscal or a calendar year, is a great time to reflect on how your card program performed and decide on goals for the program going forward. To do this successfully,
Five best practices to stop wasteful spending
Stopping wasteful higher education spending sounds easy enough when controls are in place. The internal controls, such as policies addressing spend limits or prohibiting personal purchases, have a
A Card Program Best Practice: Reviewing for Policy Compliance
Commercial card programs are ever-evolving. One area that is important to note when these changes occur is the policies and procedures. The policies and procedures of any card program are essential
A Card Program Best Practice: Aligning Policy with Card Program
Aligning an organization’s purchasing policy with a card program is a vital step toward maintaining the financial health of your business. Card programs are ever-changing and policies should also
P-Card Best Practices for P-Card Program Success
How do you turn a good P-Card program into a great P-Card program? Check out these five “best practices” for helping make your P-Card system a success! Start your P-Card program right, right from the