P-Cards: How to Integrate into an Effective Purchasing Function

CPE Credits: 
1.5
Session Time: 
Sunday, May 19, 2019 - 3:50pm to 5:05pm
Field of Study: 
Finance
Description: 

Even as online procurement mediums and purchasing card technology has significantly evolved in recent years, implementation of a comprehensive P-card function can still be challenging from a process, technology, and management perspective. This session will focus on the pros and cons of P-cards, how to manage the implementation of a P-card program, and tips for developing, training, and enforcing organizational policies on P-card use. Items of discussion will be P-card policies, building a relationship with your P-card provider, preventing fraud, integration of P-cards with your ERP system, and managing difficult departments/users.