Purchasing cards with built-in controls for SMEs
Spendesk P-cards for secure, corporate spending. Ideal for 20-500 employees. Keep control with transparent spending rules and policies to fast-track company growth.
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P-card benefits
Custom control
P-cards give your team custom payment methods with individual rules and spending policies.
Real-time expense tracking
Finance and accounting teams can see all spending as it happens.
Operational velocity
Purchasing cards make it easy for everyone to get onboard, adopt and pay for what they need.
WHAT OUR CUSTOMERS SAY
When you’re a fast-scaling company, lots of people have requests, lots of people need funds, lots of people need to expense or need to spend. Suddenly, you lose efficiency, you lose control, and you have a lack of visibility. Spendesk keeps us in control of things.
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Tom Libbrecht, VP of Finance @Silverfin
Centralized spending; decentralized ownership
Thanks to spending caps and custom spending policies, P-cards are a powerful way to maintain control over your company’s finances while empowering your employees to think (and spend) like a business owner.
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How P-cards work
When an employee needs to pay for a new work tool:
• If the amount is more than $50, the designated approver will have to validate the "purchase order" request. P.s. every department has access to the ‘budget’ feature to make timely and informed spending decisions, with a real-time overview of what’s actually been spent. No more lengthy deliberations or misinformed decisions.
• Once validated, a new card is generated with the specific amount needed. This can be a one-shot or recurring purchase.
• The cardholder uploads their proof-of-purchase digitally.
• With employees uploading their receipts twice as quickly, the finance team can track and verify every payment easily.
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Gabrièle de Lamaze
Head of Customer Success @Plezi
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Martin Pannier
Product @Iziwork
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Aaron Townsend Financial Controller @ Habito
Purchasing cards improve the entire spending process
Managers
Employees
Finance & Accounting
Common questions about P-cards
It's always hard to choose new company tools. We're here to help you make the right decision.
A procurement card is a charge card that gives employees streamlined purchasing power, and finance (and management) teams full control of all spending in real time. It drastically removes purchasing friction and gives employees a feeling of trust & ownership, helping them to be more accountable and effective in their work.
Purchasing cards are very similar to corporate cards. They can be either physical or virtual, and they allow the holder to spend company money strictly according to pre-established spend policies (spending caps, monthly limits, restrictions for specific services & goods).
The key differences between these two tools is the level of flexibility and customization on one hand, and the level of control for companies on the other. Corporate cards offer little of either, while purchasing cards are designed to maximize both.
P-cards are widely accepted among vendors. They let suppliers benefit from faster receipt of payment, particularly where they would normally rely on invoices. Companies can buy more easily, which means suppliers get paid faster.
Accepting P-cards offers a competitive advantage over competing suppliers that rely on old fashioned payment methods.
Any company payment carries potential risks. But compared with corporate cards or traditional purchase orders, P-cards offer far higher visibility over what’s spent by individuals and the company at large. Every transaction is clearly tracked and associated with the correct employee - unlike the company credit card. And because employees have the funds they need immediately, there’s a far lower risk of expense fraud.
Spendesk Mastercards are protected against fraud by Mastercard’s Zero Liability Protection. Have peace of mind knowing Zero Liability applies to your purchases made in-store, over the phone, online, or via a mobile device, as well as all ATM transactions.
Learn more about Zero Liability Protection.
Take back your time and get real control
Make the switch to smart purchasing cards today.