Why Use the Procurement Card

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The PCard benefits the cardholders, the department and the University in the following ways:

  • Eliminates the need to submit requisitions and issue purchase orders;
  • Eliminates the need to use personal funds and submit expense claims;
  • Provides immediate access to suppliers' products and services;
  • Provides convenience and flexibility as the card is accepted worldwide by any suppliers who accept credit card payment;
  • Provides the same level of security as personal credit card;
  • Reduces paperwork such as purchase orders, invoices and cheques;
  • Increased efficiency and lower overall transaction cost(s).