Purchasing Card Adoption and Effective Utilization

P-Cards are growing rapidly in popularity.

Benefits

• Use of p-cards is close to the top on IOMA’s best practices list
• P-Cards offer effective controls and monitoring processes
• P-Cards can significantly reduce processing costs

  How?

  • Reduce purchase orders
  • Reduce Invoice processing
  • Eliminate duplicate payments
  • Reduce payment cycle time
  • Improve minority reporting
  • Reduce manpower needs

IOMA consultants can...

• Help you Identify and Conquer Hurdles and Pain Points by:
  • Obtaining senior management support
  • Communicating effectively with p-card participants
  • Monitoring your program effectively
  • Negotiating internal politics
  • Selecting the right issuer for your organization
  • Collecting and organizing Level 3 data detail
  • Eliminating the paper
  • Managing receipts efficiently
  • Measuring your p-card process
• Move your existing p-card program into the 21st century, offering...
  • Do’s and Don’ts of implementation
  • An evaluation of reconciliation software
  • A re-engineering of card administration:
    • Do’s and don’ts of card administration
    • Hierarchy and controls
    • Creating the right MCC templates
    • Audit
  • An integrating with the travel card (One Card System)
  • On-Line training
  • Electronic invoicing
  • Seamless interfacing with existing legacy systems