Managing Accounts Payable
June 2008
News Briefs (0806)
P-CARDS MAKE INROADS
On average, p-cards are handling almost half of "p-card eligible" spend, according to a survey we recently conducted. Respondents said that actual p-card spending is 48 percent of what they have earmarked as total spending that is eligible for p-card usage (see Figure 1 below). While the largest p-card programs (over 1,000 cardholders) do the best (58 percent of their eligible spend is handled by the p-card), organizations with smaller programs also do
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June 2008 - Table of Contents
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