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Purchasing-Procurement Card

Purchasing-Procurement Card 2025

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The document is a form for managing PCARD charges and purchase orders, overseen by Teresa Davis, the Unit Coordinator of Purchasing & Procurement. It outlines guidelines for using the PCARD, including spending limits, restrictions on purchases (such as food), and requirements for receipts. Additionally, it provides instructions for purchase orders and notes that specific rules apply for purchases between $10,000 and $20,000.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What does purchasing procurement do?

Procurement is the process of sourcing, purchasing, receiving, and inspecting all of the goods and services your business needs to operate everything from raw manufacturing materials to software to office supplies.

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

Sometimes referred to as procurement cards, procards or p-cards, purchasing cards are a type of corporate credit card designed to make the purchasing process easier for companies. These cards can help reduce inefficiencies in traditional purchase processes.

What are procurement cards used for?

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.

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

Business credit cards allow users to make partial payments and revolve balances, whereas purchasing cards, or P-cards, require you to pay your balance in full each month. Their statements typically include more information than credit card statements and often eliminate the need to retain invoices.

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

P-Cards are designed for small procurement purchases, allowing employees to make approved transactions quickly without traditional procurement hurdles, while corporate cards are meant for travel, entertainment and general purchasing expenses.

Is a procurement card the same as a credit card?

Your p-card is a credit card. You may not receive cash advances through the card.

What is the difference between a corporate credit card and a purchase credit card?

P-cards are tailor-made only for business expenses. These cards can be used for making payments for business purchases and other equipment. At the same time, corporate cards can be used on business trips for fare charges, hotel reservations, flight bookings, etc.

Purchasing-Procurement Card 2025

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