Purchasing Cards
The concept examines the advantages and disadvantage of P-cards, as well as the factors affecting the implementation of this purchasing method.
Technique Overview
Purchasing Cards Definition
Purchase cards (P-Cards) allow organisations to acquire efficient inventories, reduce relative costs and increase business efficiency, as well as employee satisfaction and productivity (Dahly and Buehner 2003). P-Cards as a payment mechanism can be incorporated into a purchasing process to reduce the needs for invoicing that come with purchasing processes by automatically creating a payment (CIPS: Purchasing cards).
Purchasing Cards Description *
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Business Evidence
Strengths, weaknesses and examples of Purchasing Cards *
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Business Application
Implementation, success factors and measures of Purchasing Cards *
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Professional Tools
Purchasing Cards videos and downloads *
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Further Reading
Purchasing Cards web and print resources *
Purchasing Cards references (4 of up to 20) *
- Chandrashekar A. and Gopalakrishnan, M. (2005) 'Purchase Cards and Inventory Control: An Analytical Framework'. Production Planning & Control. Vol.16(5), pp. 437-443.
- CIPS Australia: Visa Business Case for P-cards.
- Daly, J.L. and Buehner, M.A. (2003) P-Card Utilisation in Municipal Government: Advantages and Concepts. Journal of Public Procurement, Vol.3(1), pp. 75-94.
- Improvement and Development Agency. Purchasing cards. [online] Available at: www.idea.gov.uk/idk/core/page.do?pageId=82673 [Accessed 01 December 2011].
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