What is P-card program?

If you are wondering what is a p-card, a p-card is a type of company card that employees can use to charge goods and services on behalf of their employers without having to go through the traditional purchase request and approval process. They are also known as purchasing cards or procurement cards.

What is Oracle procurement card?

You can streamline your procure-to-pay process by implementing a procurement card program in which your employees purchase items directly from suppliers using a credit card. The credit card issuer then sends transaction files directly to you (the employer).

What is P-card administration?

Who is the Departmental P-card Administrator? The Departmental P-card Administrator is at least one person, a P-2, designated per department or service center by the P-1, who is responsible for the creation, cancellation, review and reconciliation of the P-cards held in their departments.

What is P-card reconciliation?

The P-Card Reconciliation Report allows accountants to reconcile imported credit card expenses for Certify users against the credit card provider’s statements for each user.

What are the benefits of P-Cards?

P-Cards also benefit suppliers Benefits include: cost reductions, such as eliminating invoice creation, handling and mailing; depositing payments and collection activities. electronically deposited funds. faster receipt of payments and improved cash flow.

Does Wells Fargo have card readers?

Accept card payments on the go, curbside, during deliveries, or online. Pair this pocket-sized card reader with your phone or tablet, and you’ll be able to accept a card payment wherever you have Wi-Fi or cellular service. Plus, you can text or email receipts to customers.

Which three of the following are cardholder responsibilities in the GPC program?

The Cardholder is responsible for the following: 1. Completing all required training prior to being issued a Purchase Card. 2. Purchasing goods or services in accordance with established Department policy, procurement regulations, and individual internal office procedures.

What are three authorized uses of the government wide commercial purchase card?

The Governmentwide purchase card may be used to (1) Make micro-purchases; (2) Place a task or delivery order (if authorized in the basic contract, basic ordering agreement, or blanket purchase agreement; or (3) Make payments, when the contractor agrees to accept payment by the card.