
Procurement card programs
Procurement card programs, often called p-cards, are company-issued credit cards used by employees to buy goods and services needed for work. They streamline purchasing processes by reducing the need for purchase orders and invoices, making transactions faster and easier. P-cards help organizations track spending, enforce budgets, and ensure compliance with company policies. They are ideal for small, routine purchases and provide detailed transaction records for audit and accounting purposes, improving efficiency and control over corporate expenditures.