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 »
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 »
One of the biggest lessons cardholders will learn from training won’t be how to use the card.
Consequences and P-Card Training Read More »
For procurement and finance professionals, monitoring expenses is a critical component of managing budgets. Unfortunately, cardholders can sometimes circumvent transaction limits using several split-transaction strategies. In this blog post, we will discuss the challenges associated with monitoring expenses when cardholders attempt to circumvent transaction limits, violate policy by doing so, and how to best manage
Challenges of Monitoring Expenses When Cardholders Circumvent Transaction Limits Read More »
For many, a new year means a fresh start. It’s a time to reflect on the past, examine any shortcomings, and then look forward to the future, with a resolution to do better. Whether your plan is to lose weight, exercise more, or save money, now is the perfect time to set new goals, all
Does Your P-Card Program Have a New Year’s Resolution? Read More »
Here are two essential internal controls that managers and administrators need to communicate to protect a company’s card program.
Two Internal Controls That Managers Need to Communicate to Cardholders Read More »
