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Purchasing Cards
Originally intended as a payment method for high-volume, low-value goods purchases, Purchasing Cards have come into their own as a highly controlled means of procuring all types of goods and services ranging from stationery through contract labour and even higher value maintenance and project procurement services.

Purchasing Cards should interest you because...

You're in control
Software controls can restrict individual cards by allowing the card to be used only within defined parameters and by quoting certain customer reference information at point of sale. As a result, your Purchasing Card holders can be empowered to make controlled purchases within their domain, thus avoiding the enormous amounts of unnecessary paperwork and back-office administration always associated with low-value purchases. Daily access to transactions on-line by authorised personnel ensures early visibility on all transactions with full control of card usage.
Electronic Invoicing
Purchasing Cards are unique insofar as they "conceptually" leave the footprint of an electronic purchase order at point of sale and pick-up an electronic invoice on date of payment. Where Suppliers are capable of providing Addendum or Line Item Detail (LID) from their point of sale terminals, the electronic invoice can be used to generate "evidence for tax" reports where no further paperwork is required to recover tax.
Integration with your General Ledger
By automatically building an export file that is tailored to your specific General Ledger system, the ability to download straight to the Corporate GL eliminates the overhead of collating and entering transactions manually.

A big advantage of implementing a Purchasing Card programme is the disciplines and controls it enforces which enable you to take a bigger picture view of your wider procurement operation. Purchasing Cards allow you to streamline your suppliers for maximum discount attainment, take major cost out of your Purchase to Pay process and deliver complete manageability with on-line services.

Next Steps?
Small card program or large multinational? Just looking for more information?
No problem, get in contact, we'd be happy to help.
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Benefits
You're in control
Electronic Invoicing
Integration with your general ledger
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