Product Description

According to IOMA’s recent survey of AP and p-card professionals, 74 percent of respondents greatly reduced accounts payable processing costs by implementing a p-card program in their organization.

Whether you’re just starting a p-card program or looking to strengthen an existing one, this Guide can help you with the complex, time-consuming job of building an effective set of policies.

In one convenient soft-cover volume, you get step-by-step guidance to improve and better manage your purchasing card (p-card) programs, written in easy-to-understand, plain English and geared to meet the needs of different employer cultures and approaches.

In over 250 page, you'll get clear answers to questions such as:

• What benefits do organizations actually see from their p-card programs?
• What are the key issues in getting a p-card program off the ground?
• How can I develop a solid policy and procedures manual?
• How does using a p-card affect the cost of a procure-to-pay (P2P) transaction?
• What are the different ways to capture card rebates and incentives?
• How can I eliminate Form 1099 and sales tax worries?
• What are the best practices for internal control?
• What is the most favored audit technique?
• And Much More

Now, you can learn how your program’s characteristics and performance stack up against programs at other organizations. With dozens of facts, figures, and metrics collected from a survey of over 240 p-card programs, this report bring you a wealth of guidance, in-the-field strategies, and tips, all based on exclusive survey results, such as:

• Survey reveals the top five benefits of p-cards
• P-card program demographics: size and accessibility
• How to get all the rebates your program deserves
• Coping with Form 1099 reporting of p-card transactions
• Benchmark data reveal p-card audit policies
• P-card program design
• Cardholder policy and procedures manual
• Rebates or incentives
• Regulatory compliance
• Internal controls

In additions, this report includes sample language and templates for developing a working policies and procedures manual for cardholders, a collection of ready-to-use, as well as full sample policy manuals actually in use today, and a sample RFP (request for proposal).

No-Risk Web Offer: You get IOMA's Ironclad 100% Money-Back Guarantee: if you're dissatisfied with your print report for any reason, return it within 30 days and you'll receive a full refund — with no questions asked. (Sorry, IOMA cannot grant refunds on electronic purchases.)

To review this report's Table of Contents, Table of Figures, and Introduction click here.