A summary of responses received for this Peer2Peer inquiry is available below.
Original Inquiry
1. How big is your company? # of employees? Revenue?
2. Do you have a Purchasing Card (PCard) program? If the answer is no, why not? If yes, please continue.
3. How long has the PCard program been in existence in your company? (more than 5, 10 yrs?)
4. How do you determine what can be paid by a Pcard versus what requires a Purchase Order?
5. What are the limits for Pcards?
6. Do you require a Purchase Order (PO) for purchases above a certain amount? If yes, what is the amount?
7. Is the Purchase Order requirement based on specific project spend or cumulative spend across the company?
8 If your company allows purchases below the Purchase Order threshold to be paid by Pcard, does your company have a risk concern when the aggregate PCard purchase against a single supplier is over the PO requirement across the organization (assuming that it is not an allowable type of transaction to be paid by a PCard such as membership dues)? How is this addressed?
Summary of Responses
Contributors: SIGCategories: P2P Archive
SRC Type: Category Specific, Corp Services Spend, Policies, Procurement Operations