Track: Payment Systems

P-Cards: A Supplier's Point of View

Monday, October 20, 2008
4:00 p.m. - 5:30 p.m.
Room: 502 A

Purchasing cards experience double digit growth year after year, yet remain only a small piece of the overall B2B payments landscape. This presentation, delivered from a supplier's point of view, will discuss the unequal value a p-card transaction creates between supply-chain partners, and the financial impact this has on card-accepting suppliers. Hear first-hand experience from a corporate practitioner.

Speakers:

• Jim Rossman, CTP
  Assistant Treasurer
  Wolters Kluwer U.S. Corporation

• Judson Murchie, CTP
  Analyst
  AITE Group

Objectives

• Identify the benefits and challenges of using and accepting p-card transactions
• Understand the effect of p-card costs on the dynamics between supply-chain partners
• Understand the full extent of the supplier's cost of acceptance for p-card transactions
• Evaluate many of the strategies most commonly used to encourage p-card acceptance

Pre-Requisites

• none

Take-Aways

• List of best practices for increasing supplier p-card acceptance
• Table of primary B2B payment types and associated characteristics, including: usage, costs, emerging trends, settlement, etc.

CPA Field of Study: MAS