To use p-cards or not - that is the question

The use of cards for lower value procurement, is already a well-established solution in both the public and the private sector. Procurement cards are becoming an essential tool in the continued drive to eradicate unnecessary bureaucratic process costs within the procure to pay process.

The Observatory delivers an analytical platform designed to help you build the business case for the deployment of procurement cards or, if you have already taken the plunge, measure your progress with ‘on-card’ spending by helping you answer the following questions:

Analyse

• In which categories are the most transactions generated?
• Which of your suppliers are relatively the most expensive to manage in administrative terms?
• Which suppliers are sending you too many small invoices and might be candidates for invoice consolidation?
• What proportion of your total non-pay spend is spent with procurement cards?

Compare

• Are you more or less administratively efficient than average when compared to organisations of a similar size in your sector and/or region?

To arrange a meeting to discuss how implementation of the Observatory can help your organisation establish the business case for procurement cards or measure your progress with card implementation then please contact us.