Manufacturing Industry
Pcards soar to new heights.(Purchasing cards)
Purchasing, November, 2006 by Varmazis, Maria
By Maria Varmazis Large ticket spending and procure-to-pay automation drive Pcard use at CompUSA and PNC Bank. With a little help, H.B. Staton, manager of accounting administration at Dallas-based CompUSA, got his suppliers to accept Pcards for big-ticket transactions. But initially, there was a problem: Suppliers told him these charges were, quite simply, too big for what they usually considered for Pcards.
Staton and CompUSA wanted to use their Pcards not just for their smaller invoices but also for large ticket items, which run well over $10,000 each. The reason for this push to large ticket Pcard transactions was the success of the existing Pcard program at CompUSA that had a high level of corporate support, says Staton. But when the CFO...
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