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eLearning Academy
Improving business performance one course at a time

Accounts Payable Curriculum:

Purchasing Card Management

Presenter: Ted Klein, APM, Senior Consultant, IOMA

Businesses looking to streamline their transaction processes and improve efficiency are abuzz about P-Cards. And is it any wonder? Why should anyone incur the same transaction cost for a $25.00 purchase as for a $100,000 purchase? It doesn’t make any cents does it?!

This valuable curriculum will fully explain all of the rewards P-Cards offer — the potential savings you can look forward to, positive behavior changes in spending amongst employees, increased revenue (rebates), eliminating the need for small invoices… and therefore small invoice handling!

More important, you’ll learn how to introduce P-Cards into your company and implement them in a manner that ensures that you get the most out of your investment… while maintaining the critical controls your organization will require.

This curriculum earns 3 CEU credits for the IOMA/TAPN Accounts Payable Certification Program

Important: You have three weeks to complete all of the requisite courses for this curriculum (see below). For technical support and answers to questions in reference to the eLearning Academy and how to complete your certification program, please email efink@ioma.com and include "eLearning Academy Question" in the subject line.

The Purchasing Card Management Curriculum consists of the following courses:

Best Practices (P-Cards): Provides a comprehensive overview of the best practices for P-Cards that have emerged as organizations learn from their mistakes

Expanding P-Card Usage: Explores the two major reasons to expand usage—1) Eliminate paper going to AP 2) Increase revenue – and offers advice on how to clear all of the hurdles that come with expanding usage

P-Card Control Features: Instructs how to use the critical control features of P-Cards to ensure ease of implementation and long-term success

P-Card Policy and Procedure Manual: Tells you how to adopt and implement clearly communicated P-Card Policies and Procedures for the benefit of both ‘issuers’ and the ‘users’

Adding value to your educational experience, each course includes an array of supplementary learning material (called Course Files in the Repository of the eLearning Academy). For your convenience, these materials may be downloaded and reviewed at your leisure. Included in this curriculum are:

  • Internal Revenue Bulletin: 2004-31 by Merchant Category Codes— explains reporting requirements
  • P-Card Best Practices Executive Summary produced by VISA
  • A link to the most comprehensive AP website available
  • FREE access to a critical Disney case study — explains the benchmarks and processes used by Disney to achieve Best-in-Class status with their P-Card program
  • Plus, 12 more invaluable course files

Click here to download an easy to use “User Guide” PDF for more information

Click here for a 10-minute demonstration of IOMA eLearning Academy technology and a thorough explanation of how and why AP Managers should take advantage of it.

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Purchasing

  Purchasing Card Management $595.00