{"id":2732,"date":"2016-09-21T16:11:42","date_gmt":"2016-09-21T16:11:42","guid":{"rendered":"https:\/\/www.peeriosity.com\/shared-services\/articles\/?p=2732"},"modified":"2022-07-18T20:07:17","modified_gmt":"2022-07-18T20:07:17","slug":"functional-ownership-of-travel-cards-and-purchasing-cards","status":"publish","type":"post","link":"https:\/\/www.peeriosity.com\/shared-services\/articles\/2016\/09\/functional-ownership-of-travel-cards-and-purchasing-cards\/","title":{"rendered":"Functional Ownership of Travel Cards and Purchasing Cards"},"content":{"rendered":"

The organization that ultimately owns a work process provides clues for how the process is both managed and integrated.\u00a0 While one size doesn\u2019t fit all, there are lessons to be learned by better understanding the approaches of your peers.\u00a0 For example, the use of a credit card product by employees to buy travel services, or purchase low-dollar goods or services, is similar enough that some companies have combined the activities and use a \u201cOne Card\u201d product that supports both types of purchases.<\/span><\/p>\n

For some companies, the ownership decision is based on a historical alignment (i.e., it\u2019s always been that way), where new processes and technologies might suggest that a different functional alignment would be preferred.\u00a0 For others, the functional area that drove the implementation of a new design (e.g., implementing new expense reporting technologies or rolling out credit cards for low-dollar purchases) often continues to own the work process, even though the transfer of the process to another functional area might ultimately be the best outcome.<\/span><\/p>\n

Recently, Peeriosity\u2019s iPollingTM<\/sup> functionality was used to perform custom research in the Corporate Card research area<\/a> to understand how companies approach the functional ownership decision for both Travel Cards and Purchasing Cards.\u00a0 At 51% of member companies, Finance is ultimately responsible for the Travel Card program, with Procurement<\/a> ultimately responsible at 14% of the companies.\u00a0 Interestingly, 15% indicate that the ultimate functional responsibility is with either Travel Services or Business Services, both of which are outside of the normal definitions of functional alignment.\u00a0 The balance of companies have the Travel Card program reporting to Treasury or somewhere else, or they don\u2019t have a Travel Card program<\/a>.\u00a0 Here are the details:<\/span><\/p>\n

\"ipolling<\/p>\n

When we look at ultimate responsibility for the Purchasing Card program, the results are similar with 51% assigning ultimate functional responsibility to Finance and 29% to Procurement.\u00a0 In 10% of the companies, the process is co-owned between either Finance or Business Services and Procurement.\u00a0 For the remaining companies, Treasury is ultimately responsible for 10%, while 5% of companies indicated that they don\u2019t have a Purchasing Card program.<\/span><\/p>\n

\"which<\/p>\n

Here are a few of the comments from responding companies:<\/span><\/p>\n