Purchasing cards_2
17 August 2012
Q: Not so long ago, the media seemed to be full of articles about purchasing cards. Now we hear little about them. Is it a fad that has fallen from favour?
A: Jeff Gould, managing director of the Consortium for Purchasing and Distribution, writes: The objectives of organisations implementing a purchasing card system centre on reduced bureaucracy and increased information and control. Instead of having to raise a purchase order for every small-value transaction and having to pay each separate invoice, card...