How Educational Institutions Can Benefit From Using P-Cards
How Educational Institutions Can Benefit From Using P-Cards
By Federated Media (Inside Edge contributors), September 27, 2011
Purchasing cards, also known as P-cards, are similar to corporate cards in that they allow organizations to charge multiple expenditures at multiple vendors and pay one monthly bill. Unlike corporate cards, however, most P-cards also offer users cash-back reward programs.
Pressured by state and federal funding cutbacks, school systems across the country are searching for every possible means of conserving cash and generating revenue. Schools are beginning to embrace P-cards as part of a solution to improve administrative efficiencies and create new revenue streams.
This report looks at:
- How purchasing cards work
- How educational institutions use P-cards
- The challenges of implementing P-card programs
- Best practices for getting the most out of P-card programs
To explore why P-card spending is on the rise in educational institutions and how your institution can pare costs and generate revenue download the full report.
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