Playing Your Cards Right - Getting the Most from Your Corporate Card and P-Card Programs

In times of economic uncertainty (which, in reality, is most times), organisations everywhere step back and reassess their own financial management — seeking out new ways to save money, improve compliance, and adjust to an ever-changing business environment.

This quest has led to an amplified interest in integrated corporate card and purchasing card (P-Card) programs - additions that can provide big benefits, including substantial cash rebates. Depending on the card and the types of purchases employees make, these rebates can range from one percent to as high as five percent of annual expenditures. Card programs are one of the easiest ways for organisations to recoup funds while gaining more detailed visibility into spend.