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Procurement Card Procedures Purpose - The Ohio State University

Procurement Card Procedures Purpose - The Ohio State University 2025

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The document outlines the Procurement Card (P-Card) procedures at Ohio State University, detailing the roles and responsibilities of card managers, users, and independent individuals in managing P-Card transactions. It emphasizes the importance of compliance with university policies, including restrictions on purchases, documentation requirements, and consequences for misuse. The P-Card is intended for small dollar purchases necessary for university business, with specific limits on transaction amounts and a prohibition on personal expenses.

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What is the purpose of a purchasing card?

Purchasing cards offer opportunities for companies to benefit from revenue share through rebates offered by the card programs providing bank. Businesses can use rebates for various purposes, including offsetting the costs of digital tools and other operating expenses.

What is the acceptance rate of Ohio State University?

52.7% (2022) The Ohio State University / Acceptance rate

What does procurement card data mean?

Procurement Card or P-Cards Explained Purchasing cards allow employees to quickly and efficiently buy what they need, and automatically record all transactions. Procurement cards can be connected to a credit facility, or a bank account to work similar to a debit card.

Is a procurement card the same as a credit card?

The Ohio State University admissions has an acceptance rate of 51% and an early acceptance rate of 60.4%. Half the applicants admitted to Ohio State who submitted test scores have an SAT score between 1330 and 1480 or an ACT score of 29 and 32.

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