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What is considered a corporate card?

A corporate credit card is a card companies issue to employees to make work-related purchases. The business is liable to repay the balance on the cards, rather than the business owners or the individual cardholders.

What is one of the greatest benefits of using procurement cards?

Improved accountability to management.

What is the difference between a procurement card and a credit card?

P-cards and corporate credit cards may look the same. But, there are a few key differences between the p-cards and traditional corporate credit cards. P-cards are designed to help improve your procurement process, saving you time and money by imposing restrictions on how and where employees can spend corporate money.

What is a procurement card?

Purchasing cards allow users to make purchases directly within the guidelines of company policy, offering greater flexibility compared to the fixed limits of credit cards. They enable businesses to tailor spending limits and restrictions for different employees or departments, ensuring adherence to budget constraints.

What is the difference between a corporate card and a procurement card?

PCard Hub. UCLAs Procurement Card (PCard) is a Visa card for staff and faculty members who have buying responsibilities. The card simplifies purchasing of most routine, low-cost goods and services. This page has everything you need to apply for, use, and reconcile your PCard!