The
Procurement Card Program is a fast, flexible purchasing method
for processing delegated orders from vendors that accept credit
cards. The purpose of the Procurement Card program is to establish
a more efficient, cost-effective method of handling delegated
purchasing and the related payment procedures.
Used to its potential, procurement
card will result in a significant reduction in the data entry
of small orders, receiving, invoices and vouchers, and reduction
in related documentation, including invoices and checks.