P-Card Essentials is a critical read for anyone interested in knowing what it takes to effectively develop, manage and/or expand a company’s Purchasing Card program.
JoAnn Vernacchia, CPCP
P-Card Project Manager
Performance Food Group
Minnetonka, Minnesota (PRWEB) May 17, 2012
The National Association of Purchasing Card Professionals (NAPCP) has recently updated two popular resources to stay current with Purchasing Card industry and regulatory changes. Through May 31, 2012, the NAPCP is offering Purchasing Card Best Practices: The Key Elements of Building a World-Class Program, as a reward for individuals who become a new complimentary subscriber at http://www.napcp.org/PROffer. Typically, this paper is available to NAPCP members only (http://www.napcp.org/memberpreview).
Purchasing Card Best Practices: The Key Elements of Building a World-Class Program, provides a blueprint for developing a new P-Card program or evaluating whether an existing program addresses the right elements. The newly released third edition of this NAPCP classic consists of 12 pages, offering a quick read to jump-start organizations’ efforts to get on the right path. It covers the stages of program: exploration, design, partnership, preparation, implementation and management.
Purchasing Card Essentials: The NAPCP’s Guide to Establishing and Managing a Program (second edition, version 2.1) includes updated information related to 1099 reporting requirements and debit interchange regulation in the United States. With 170 pages and 12 chapters, Essentials supports organizations’ implementation and program management processes every step of the way. It also helps clarify differences between traditional P-Cards and the new electronic payments solutions. Many organizations have added this manual to their library of learning and reference tools as “one-stop guidance”—especially helpful for new employees added to a P-Card team. The guide is available for purchase at http://www.napcp.org/P-CardEssentials.
Lynn Larson, NAPCP Education Manager, observes, “Every organization has room for P-Card program improvements and should not be lulled into accepting all ‘typical’ practices as best practices. Both resources steer readers toward evaluating the critical elements of P-Card program infrastructure. Chances are, organizations have ample opportunities to make improvements to these elements that will lead to rewards like increased efficiencies. With a solid foundation in place, program expansion could follow to further maximize the benefits of card payments.”
About the National Association of Purchasing Card Professionals (NAPCP)
The National Association of Purchasing Card Professionals (NAPCP) is a membership-based professional association committed to advancing Commercial Card and payment professionals and industry practices worldwide. The NAPCP is a respected voice in the industry, serving as an impartial resource for members at all experience levels in the public and private sectors. The NAPCP provides unmatched opportunities for continuing education and peer networking through its Annual Conference, Regional Forums, webinars, website, newsletters and weekly communication. The association sponsors research and publishes timely and relevant white papers, survey results and other documents. The NAPCP certifies professionals through the Certified Purchasing Card Professional (CPCP) credential program (http://www.napcp.org/cpcp). Please visit http://www.napcp.org to learn more about Commercial Card and payment programs in general, the value of membership, current member demographics, upcoming events and benefits of becoming a year-round partner sponsor.