A credit card used by employees up to their delegated authority to make departmental purchases.
Handled like credit cards, these are assigned to individual employees for making low dollar purchases without having to generate a purchase order. These purchases are settled monthly based on a combined statement with detailed invoice information.
Louisiana La Carte purchasing card is a Visa® credit card issued by Bank of America for use by authorized state employees for the purpose of making small dollar purchases on behalf of their department. Issuance of this card in no way affects established purchasing rules and regulations.
Designed to streamline low value, high volume procurement processes, especially for companies with an annual sales turnover of £10m or more. Staff can purchase supplies directly using the Purchasing Card - reducing bureaucracy and pressure on procurement staff. The 'Evidence for VAT' report is accepted by HM Customs & Excise which cuts down on the volume of paper receipts and invoices that you must be keep.
Credit card used by business to cover purchasing expenses
a credit card for Stanford faculty and staff to use for University business
a credit card for Williams College faculty and staff to use for college business only
a credit card which may be used to acquire materials, supplies and some services
an individual credit card in the user's name to be used for business related expenses that are directly paid from University funds
a payment method, not a procurement process
This card allows a company to place orders directly with suppliers and charges them to the card.
Credit card used by business to cover purchasing expense
Payment card used by businesses to track expenses and replace paper invoices. May also be referred to as a business card or a commercial card.
Purchasing Cards are issued to employees who make purchases on behalf of their company/organisation. The company guarantees the card and pays the administration costs. In return they have a paperless mechanism for tracking the purchase made by their employees. These Purchasing Cards are linked to special accounts that produce detailed statements containing full line item detail. These statements are acceptable by Customs and Excise for VAT reporting. They are also used for submission of expense reports. Both of these uses reduce the amounts of administration associated with business purchasing
A real convenience for businesses, this card eliminates the need for time-consuming purchase orders. A company simply places orders directly with suppliers and charges them to the card. Usually used for purchases of $5,000 or less.
A payment card used by companies to replace paper invoices. no terms found RAM Random Access Memory - short-term memory for a computer or payment card terminal.
Aimed at the business market, the purchasing card allows company staff to deal directly with suppliers and reduce costs by cutting out paper, e.g., the need for a purchase order. Orders can be placed over the phone and the company receives management information detailing spending by employee, supplier etc. Return to the top
Purchasing Card(s) (or purchase cards / procurement cards) are one type of corporate/commercial card. They are typically issued to individuals that have the authority to make purchases on behalf of their organization; expenses are centrally billed to the cardholder's organization.
A card issued to employees of major corporates to facilitate corporate purchases to reduce administration costs. Merchants may be asked by their customers to become VAT accredited which means that the merchant in addition to the transaction amount will enter either Summary or Line Item VAT information into their terminal or computer software. This transaction is accredited by HM Customs & Excise and in many cases eliminates the need for the supplier to issue a VAT invoice
Payment card used by corporations to simplify purchase procedures from selected suppliers.
a MasterCard issued by JPMorgan assigned to a person in a Yale department (Individual Card) for business purposes or in the name of the department (Department Card). Use when transactions are low-dollar, low-risk and a purchase order is not required. Often a preferred method of payment for Internet and point-of-sale purchases. (see Policies & Procedures)
a payment card issued to businesses, companies or Government Departments to make supplier or trade agreements. No Terms
A purchasing card is a corporate card used by some companies for their business purchases. When a customer pays for goods or services using a purchasing card, the following information must be included with the order information. This information is optional for a regular credit card transaction: An indication of whether the order is tax exempt. + The amount of tax applied to the order. If the order is tax exempt, the tax amount should be zero. + A purchase order number associated with this order. One purchase order can apply to several individual orders, to allow for delivery of goods over time. If there isn't a purchase order associated with this order, the customer must supply some value for this field-the value could be a department number, expense code, project number, etc.
Purchasing Card(s) is another name for procurement Card.
A bankcard designed for smaller business purchases made by corporations.
A payment card designed specifically for smaller volume business-to-business purchases made by mid or large size corporations.