Track: Payment Systems

Going Global with Purchase Cards

Tuesday, October 21, 2008
2:00 p.m. - 3:00 p.m.
Room: 502 A

The use of commercial cards can enhance operating efficiency through strategic sourcing as well as streamlining the entire procure-to-pay process. This session will review how Sara Lee has successfully deployed commercial cards in 9 countries as part of a company wide process improvement initiative. We will discuss key considerations of their program and outline the benefits that the company has realized.

Speakers:

  • Barbara Holcomb, CPM
    Lead Category Manager, Procurement
    Sara Lee

  • Daniel Okoniewski
    Vice President
    Citi

Objectives

  • Identify and understand the challenges and benefits in implementing a global program
  • Process efficiencies through global compliance and standardization

Pre-Requisites

  • Existing commercial card program

Take-Aways

  • Key strategies to reduce resistance for roll out
  • Economic benefits of rolling out globally

CPA Field of Study: MAS

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