Results for tag: "Purchasing Card"

The Purchasing Card (P-Card) market is a subset of the Supply Chain Management (SCM) industry. It is a payment system that allows organizations to make payments to suppliers and vendors electronically. P-Cards are typically issued to employees and are used to purchase goods and services from approved vendors. The P-Card market is a growing segment of the SCM industry, as it provides organizations with a secure and efficient way to manage their payments. P-Cards offer organizations a number of benefits, including improved cash flow, increased efficiency, and enhanced security. They also provide organizations with greater control over their spending, as they can set spending limits and track purchases. Additionally, P-Cards can help organizations reduce costs associated with manual processing of payments. Some companies in the P-Card market include Visa, Mastercard, American Express, and JPMorgan Chase. Show Less Read more