P-card

A P-card, short for Purchasing Card, serves as a dedicated company debit card utilized by authorized personnel to autonomously acquire goods and services directly from predefined suppliers. This streamlined procurement method offers flexibility and independence to designated buyers, allowing them to initiate transactions efficiently.

Operated through reputable third-party entities such as VISA, the P-card process involves secure authorization for each transaction, ensuring adherence to organizational guidelines. This approach expedites the purchasing process, reduces administrative burdens, and provides a transparent record of procurement activities.

The utilization of P-cards is a strategic measure that enhances procurement efficiency, empowers authorized users, and contributes to the overall agility of the procurement workflow.


Learn more about Ivalua's payment cards solution.