Gaining Management Buy-In for Your Commercial Card and Payment Strategy

P-Card Management Buy-In of Program

FEATURED RESOURCE: 2024-2025 Growth Corporates Working Capital Index by Visa

A new 59-page report by Visa reveals that 81 percent of middle-market CFOs and treasurers leveraged working capital solutions in 2024, a 13 percent year-over-year increase, signaling a shift from emergency cash flow fixes to strategic expansion tools. Top-performing firms saw $11 million in savings through optimized supplier payments and financing, while demand for digital-first, flexible funding options like virtual cards surged.

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Resources

Items that are accessible to both members and subscribers are denoted with a diamond (♦)

♦ P-Card Value Proposition

Elements to Include Within P-Card Business Case

Understanding the Processes and Related Costs

Utilizing P-Card Program Metrics

A Planning Worksheet for Gaining Management Buy-In

♦ Example Comparison: Rebate vs. P-Card Process Savings

 


Industry Resources

The Real ROI of Optimizing Corporate Cards (And Why You’re Probably Missing It) by PEYD Group

Middle Market Program Challenges—Developing and Implementing a Commercial Card Program by Shanda Goodwin, CPCP, Heartland Financial USA Inc.

♦ 2017 RPMG North American P-Card Benchmark Survey Results

♦ 2017 RPMG Global P-Card Benchmark Survey Results

Commercial Card Programs: Sizing the Prize—by First Annapolis


End-User Perspective

Create a Winning Business Case for Your P-Card Program
IOCP with insights from IOCP Corporate Advisory Team
Gaining Management Buy-In Through Effective Program Reporting, Analysis and Delivery
Corrie Contreras, CPCP, The City and County of Denver
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