Global P-card programmes: how do they do it?
In this presentation from the Toning Up Purchase to Pay to Attain Touchless Processing 2011, Tony Power, Senior Negotiator at CEMEX, talks about global P-card programmes. Procurement cards remove the need for invoice processing and ensure suppliers are paid instantly. Great, right? Well here’s the catch: spend can go wildly out of control if the right checks and controls are not in place. Few companies have only one P-card program globally as it can seem impossible to keep track of things. How is this achievable?