Expense Tips

When Rubber Meets the Road: The Impact of Rubber Stamping on Receipt Validation

When Rubber Meets the Road: The Impact of Rubber Stamping on Receipt Validation

As validating receipts for business purposes has become more crucial, attempts and techniques to circumvent it have become more common. The traditional, purely manual process is susceptible to overlooking or missing policy violations largely due to the repetitive nature of it. Having a person solely responsible for reviewing and validating receipts is not common: it […]

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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 (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

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Finishing the fiscal year strong in higher education procurement

Finishing the Fiscal Year Strong in Higher Education Procurement

The months of May and June typically elicit good feelings on college campuses. Incoming freshmen start to plan their trips for orientation and campus visiting. College students return to families after finals week ends, that is, if they aren’t sticking around for summer classes. And for the seniors, it’s a bittersweet time in their lives

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training tips for employees to understand card policy

Seven Training Tips to Ensure Employees Understand Corporate Credit Card Policy

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

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