Personal Small Business Corporate & Institutional About Us
Who wouldn’t want to optimize cash flow, improve purchasing convenience, control travel and entertainment expenses, reduce back office tasks and time, minimize fraud, and benefit from revenue sharing or other rewards?
If that sounds like you — consider the benefits of a purchasing card program.
Although many companies still maintain checks as a primary method of payment, those that move a higher percentage of their payments to a card program can improve their financial and competitive position without adding to the back office burden.
The typical mix of payment methods is skewed toward high-cost checks. Checks are more costly to process than other payment methods. Are they too big a share of your company’s disbursements?
A card program can help you:
Once you decide to implement a card program, how can you get the most out of it? Successful card programs make use of these four practices.
Support your program with policies like these:
Review your vendor management strategy:
Pay invoices using your commercial card:
Establish appropriate control and evaluation:
By following these simple steps, you can position your organization to get the maximum benefit from your card program.
PNC is a registered mark of The PNC Financial Services Group, Inc. (“PNC”).
Bank deposit, treasury management and lending products and services are provided by PNC Bank, National Association, a wholly-owned subsidiary of PNC and Member FDIC. Lending and leasing products and services, as well as certain other banking products and services, require credit approval.
Read a summary of privacy rights for California residents which outlines the types of information we collect, and how and why we use that information.
We have tools to help you bank when and where you want.Mobile Apps Directory »
Be part of our inclusive culture that strives for excellence and rewards talent.Visit PNC Careers »
The PNC Financial Services Group, Inc. All rights reserved.