Why did Concordia decide to participate in a P Card program?
Like most companies, we are exploring ways to streamline processes and reduce costs. Frequently, the expenses incurred to process a small dollar purchase can run as high as the price of the item itself. With a P-Card, many of the typical purchasing steps can be eliminated, including generating a requisition, preparing a purchase order, matching a packing slip to a purchase order, coding an invoice, preparing a check to the vendor and reconciling the check to the bank statement. 2.
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