Past Events

Optimising financial processes

Event date:

Optimizing the Procure to Pay Mix with PCards

We are challenged to simplify and enhance the employee experience whilst optimising the cost, effort and control balance.
Here, we discuss the drivers for change and transfomation in Purchase to Pay (P2P), the complex end-to-end process dynamics, the spend categories, the many journeys and buy/pay channels available, the relative costs, the pros and cons, and specifically the role of Purchasing Cards (PCards) and Virtual Cards (VCards).
We were delighted to host commercial cards and payments industry expert, Lynn Larson, Principal of Recharged Education.
Lynn shared the role of commercial cards in purchasing and payments, addressed some of the myths and concerns, and shared best practices on building a coalition for change, developing the business case and successful implementation as a key part of the P2P mix.
You can see the recorded session below