Procurement Cards Archives - Page 2 of 5

Streamlining P-Card purchases with new technologies – Part 4

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In the three previous issues of SmartProcurement, Anita Carolus-Opperman, Nedbank Corporate Card National Sales Manager, introduced and highlighted the new trend in procurement – using online marketplaces and e-catalogues. Anita covered what an online marketplace is and how it will further streamline the procure-to-pay process, the critical components needed to ensure success from the […]

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Streamlining P-Card purchases with new technologies – Part 3

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In previous issues of ‘ SmartProcurement, Anita Carolus-Opperman, Nedbank Corporate Card National Sales Manager, highlighted the new trend of using online marketplaces and e-catalogues, as well as the critical components that a company needs to consider to ensure it derives value from the online marketplace.In this month’s issue Opperman discusses how to choose an

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White Paper: 4 Key benefits for Procurement Departments using Corporate T&E Cards

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As procurement function has to deal with many small transactions, corporate cards provide distinct benefits for at least five different functions within a procurement department: treasury, accounts payable, financial systems, audit/compliance and budgeting/planning, explains Virginia Miller, Business Leader, CPS Product Development of MasterCard in this month’s SmartProcurement. This white paper sets out the advantages

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Streamlining P-Card purchases with new technologies – Part 2

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Online marketplaces are being used more frequently as part of the procurement function in companies and are a perfect example of how technology is not only enhancing, but also streamlining the way business is done globally. In last month’s SmartProcurement, Anita Carolus-Opperman, Nedbank Corporate Card National Sales Manager, highlighted the new trend of using

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Leveraging the efficiencies of payment cards to manage travel

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Travel and Entertainment (T&E) is a critical expenditure category for nearly all organisations. Typically, it is the second largest controllable expense after salaries and benefits. In all cases, however, it is no longer regarded as best practice but essential practice for a successful T&E programme to deploy a corporate card, advises Master Card in

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Supplier delivery reliability inside SAP: Too much or too little, too early or too late?

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There are many performance measures that can be considered when managing the performance of your buyers: cost saving, cost avoidance, quality, contract compliance, off-contract expenditure, management of procurement cycle times, procurement ROI, and many more. Those of you running SAP may have many sets of complex measures that tie into supplier performance management. These

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Streamlining P-Card purchases with new technologies – Part 1

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When looking at the Kraljic model, where purchasing card (P-card)-type purchases can be categorised as non-critical items, a new trend has emerged that further streamlines the purchasing of low-value, high-volume items, as well as other ad hoc items. This new trend is online marketplaces and e-catalogues, says Anita Carolus-Opperman, Nedbank Corporate Card National Sales

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Card-accepting suppliers can increase their revenue

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Research conducted by MasterCard, with Kaiser Associates, on the buying habits of corporate purchasing managers to evaluate the effect of card acceptance on corporate purchasing found that card acceptance can lead to increased revenue for card-accepting suppliers. When considering strategic options to help grow revenue and increase customer loyalty, organisations often neglect to consider

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Purchasing cards can work in government

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Government’s renewed vigour in fighting wasteful expenditure, highlighted in Minister Nene’s budget speech, has received more limelight recently as commentators have discussed government’s plans around its centralised supplier database and eTender systems. A well-implemented purchasing card (P-Card) programme can help achieve government’s objective of utilising public funds more efficiently because it can reduce costs,

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Ensuring P-Card implementation success – The Do’s and Don’ts

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Even with the best-laid plan, the rolling out of a P-Card might still go south. “Years of experience have taught me that there are certain things that need to be in place for a P-Card implementation to be a success,” says Anita Carolus-Opperman, Nedbank Corporate Card National Sales Manager. When clients want to implement

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Procurement Cards

Streamlining P-Card purchases with new technologies – Part 4

Streamlining P-Card purchases with new technologies – Part 3

White Paper: 4 Key benefits for Procurement Departments using Corporate T&E Cards

Streamlining P-Card purchases with new technologies – Part 2

Leveraging the efficiencies of payment cards to manage travel

Supplier delivery reliability inside SAP: Too much or too little, too early or too late?

Streamlining P-Card purchases with new technologies – Part 1

Card-accepting suppliers can increase their revenue

Purchasing cards can work in government

Ensuring P-Card implementation success – The Do’s and Don’ts

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