The system reduces AP expense and boosts
P-card revenue share for payers, while helping suppliers cut costs through reduced labor and PDH control over interchange rate qualification, while preserving complex invoice line item data for automated reconciliation.
A thorough investigation and audit should be done immediately of the use of the
P-card for all county board members and staff members that have one.
In Exhibit 1, the organization has assessed that it should investigate improvement opportunities in vendor invoice processing,
P-card processing, and retainage management--processes that are of high or medium priority and complexity.
* Adoption of technologies--This includes
p-card utilization, P2P automation, and e-commerce initiatives.
Their prizes included a prepaid
P-card with e1/4100.
"So if you can have a purchase order on 45-day terms and you pay in 45 days with a purchasing card (
P-card), you're going to get an extra 30 days to pay that bill," he noted, adding that "on top, you're going to get some rewards from your card."
Also, in addition to leveraging ReadSoft's inside-SAP applications for invoice processing and purchase requisition handling, the organization also aims to utilise ReadSoft's solution module,
P-Card, to process procurement card (
P-Card) transactions within the same system as paper, EDI and e-invoices.
Communities Online Marketplace offers access to thousands of products from multiple suppliers with a single payment using a
p-card, credit card or purchase order.
Martien said the "
p-card" usage is relatively low in Latin America compared to other regions, which he attributes to local tax laws and a lack of awareness at the banks and among suppliers of goods.
An employee in Harbick's position typically would use a company
p-card, or procurement card, for such purchases as office supplies and employee recruitment advertising.