p card

| Policy Compliance

Give Thanks to Compliant Cardholders This Holiday Season

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

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| Expense Tips

Challenges of Monitoring Expenses When Cardholders Circumvent Transaction Limits 

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

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| Fraud and Misuse

3 Hidden, Internal Fraud Schemes and How to Flag Them

In October, you may find yourself haunted by some of the scariest schemes you’ve ever seen; however, with a little detective work this Halloween you can help unmask fraudulent expenses in your organization. Internal fraud, also known as occupational fraud, refers to making false representations, withholding information, or abusing a position of trust, resulting in

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| Best Practices, Policy Compliance

7 Management Best Practice Tips for Your P-Card Program

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, and preventing fraud, is strong management and training. We’ve put together a video of 7 tips for managing your P-Card program to help

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| Best Practices, P-Card Expense Monitoring, Program Goals

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. This is why it’s important to have strong procedures in place for your P-Card. In this blog post, we’ll share some best practices

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