Making sure staffers with purchasing cards adhere to your company’s spending policies can be difficult. Here’s what your peers are doing in this area.
By far, the number one thing employers are doing to keep card-holder spending in line is providing regular training to employees.
Eighty-percent of companies are doing this — according to a recent study by the National Association of Purchasing Card Professionals.
Here are the other tactics employers are using:
- Soliciting feedback about the program (24%)
- Following-up with the purchaser or manager (14%), and
- Addressing mistakes through a memo (6%).
To ensure card-holders have a good handle on your spending policies, it’s a good idea to hold some type of refresher training every few months.
Readers, how do you make sure purchasing card-holders stick to your spending guidelines?