Why is Kirkwood Community College participating in a P-Card Program?
Like most businesses today, 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 or exceed the price of the item itself. With a P-Card, many of the typical purchasing steps will be eliminated including; preparing a requisition, generating a purchase order, matching packing slips to purchase orders. Q: What is the procedure when I pay for something with my P-Card? A: Essentially, the process is the same as using your personal credit card. You must always ask for a receipt for your records, particularly for phone, fax, Internet and mail orders. Remember to save all your receipts. Q: Are there any restrictions associated with the use of my Card? A: Yes, in addition to Kirkwood Community Colleges policy stating the type of products you can buy, other controls and limits are placed on your card including: A per transaction dollar limit A monthly dollar limit Blocked merchant categories(e.g. liq
