It provides you with the purchases necessary to do excellent work. Use good judgment and act responsibly when using your Purchasing Card. Your name is on the card and you should be the only one to use it for business activity. Maintain the Purchasing Transaction Log and retain all receipts.
Vendors receive payment in approximately three days.
Remember to ask the Vendor not to invoice you to avoid duplicate payment. Your company s policy governs how you can use the Purchasing Card. Your Program Administrator, along with your Department Manager will determine the types or purchases as well as average amount of the purchases to be made by you. When you use the Purchasing Card, you enjoy reduced paperwork, direct contact with suppliers, quick and efficient order processing, faster delivery, and more accurate orders. When employees use the Purchasing Card, your company enjoys greater productivity as a result of reduced paperwork, savings from consolidated multiple supplier invoices to one statement from Bank of America, and greater control over spending.