You Get a P-Card, and You Get a P-Card, and Everyone Gets a P-Card
You Get a P-Card, and You Get a P-Card, and Everyone Gets a P-Card
Conference RegistrationSession Details
Date: Monday, June 29
Time: 10:30 am - 12:10 pm CT
1.5 CPE credits
Level: intermediate
Field of Study: Finance
Religion, politics, family drama, and purchasing card (P-card) policies are the four topics we can all agree should not be discussed at the dinner table. Within the world of public finance and procurement, P-cards tend to elicit strong emotions. Are P-cards an efficient tool for streamlining processes, empowering managers, and modernizing payment options that should be used as much as possible by departments and their staff? Or do P-cards invite fraud, reckless spending, lack of compliance, and reconciliation nightmares?
In this session, speakers will discuss common arguments both for and against P-card expansion and let you decide what is right for your organization. Common questions for discussion include who gets a P-card, what restrictions should be placed on spending, where spending limits should be set, and how much documentation is appropriate to justify expenses.
Learning Objectives
- Understand the benefits and organizational challenges of P-card implementation
- Determine appropriate strategies and policies for P-card use in your organization
- Explore how modern technology can reduce risks, problems, and fears associated with P-cards
- Identify current challenges and areas for concern relevant to all governments