Poll Title: Procurement Card (PCard) Savings Realized and Use of an Amount Threshold
Background: P&G seeks to understand industry approaches with regards to Procurement Cards utilized for incidental spend transactions vs the standard procure to pay process of issuing purchase order and processing invoice. Assessing savings impact of a credit card based purchase program vs. traditional PO handling, as well as what spend thresholds companies have put into play and traditionally are approved for use with the Procurement Card.
Poll Question: Approximate level of savings realized utilizing a PCard vs the traditional Procure-to-Pay process?
|
Less than 10% savings |
33%
|
|
10%-20% |
11%
|
|
21%-30% |
0%
|
|
31%-40% |
0%
|
|
41%-50% |
0%
|
|
More than 50% |
0%
|
|
We don't see any measurable savings; PCard just simplifies the overall process |
39%
|
|
We don't currently utilize a PCard |
17%
|