{"id":625,"date":"2012-05-14T13:14:35","date_gmt":"2012-05-14T13:14:35","guid":{"rendered":"https:\/\/www.peeriosity.com\/shared-services\/articles\/?p=625"},"modified":"2022-07-04T14:20:45","modified_gmt":"2022-07-04T14:20:45","slug":"purchasing-card-program-management-and-geographic-support","status":"publish","type":"post","link":"https:\/\/www.peeriosity.com\/shared-services\/articles\/2012\/05\/purchasing-card-program-management-and-geographic-support\/","title":{"rendered":"Purchasing Card Program Management and Geographic Support"},"content":{"rendered":"

An effective Purchasing Card Program can add significant value to a company through cost savings, simplicity<\/a>, and reporting transparency. Successful implementations require proper planning and execution to avoid sub-optimal or possibly negative ramifications.<\/p>\n

Recent Peeriosity Benchmarking of organizational structures indicated that the vast majority of companies have their\u00a0 Shared Services<\/a><\/span><\/strong> organizations manage their Purchasing Card programs:<\/p>\n

\"Purchasing<\/p>\n

The support model most often chosen is by country, although many have indicated that as card providers gain the capability for regional and global support, their support models will follow. Peeriosity members have indicated that while many banks are providing global programs to consolidate scale, card support services<\/a> within the provider organization (the bank) are generally country-specific.<\/p>\n

\"Purchasing<\/p>\n

The majority of organizations source Purchasing Card Programs with company employees, however, a few have outsourced and others have hybrid-sourcing models.<\/p>\n

\"Sourcing<\/p>\n

Within the Peeriosity Card Management research area, a number of key practices have been identified by Shared Services organizations that have implemented successful Purchasing Card programs. Some of these practices include:<\/p>\n