The Missing Piece: Using P-Cards to Improve Your Procurement and Payable Process

Conference Registration

Procurement and accounts payable functions can be slow, inefficient, and a source of frustration for both internal departments and external suppliers. For governments looking for ways to better manage small purchases, subscriptions, travel, or other transactions not ideally suited for a purchase order, purchasing cards (P-cards) can be an effective tool to improve service, control, and transparency, while also reducing administrative burdens. They offer an opportunity to save time and money. While they do present some risks, these can be mitigated through clear policies and procedures, making them often safer than commonly used alternatives.

Speakers will provide insights and strategies for implementing and optimizing a P-card program to streamline procurement processes, reduce administrative costs, and improve financial controls.

Learning Objectives

  • Explain how GFOA’s P-card best practices and other resources can help your organization develop a successful P-card program.

  • Describe how P-cards can simplify purchases and reduce paperwork.

  • Discuss the importance of effective monitoring and reporting mechanisms to ensure transparency and accountability.

  • Identify potential risks associated with P-card usage and learn proactive measures to mitigate fraud.