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Georgia Tech’s Procurement Card (Pcard) is a Visa purchasing card
that may be used for authorized business purchases within the delegated
authority limit. The Pcard is the Institute’s primary tool for purchases
of non-equipment, business related items under $5,000. Cardholders
must follow State and Georgia Tech purchasing guidelines and strive
to obtain the maximum ultimate value for each dollar of expenditure.
Any vendor that accepts Visa will accept the Pcard.
The use of the PCard will:
- Simplify the purchasing and payment process
- Expedite the ordering and delivery of goods and services
- Eliminate the need for issuing requisitions and processing invoices
- Provide significant cost savings in the procurement/payment process
- Allow the department to have direct contact with suppliers
- Provide electronic control and accountability
Authorization controls can be established for each Pcard limiting the per
transaction and monthly dollar amounts, as well as the types of
merchants that may be used. Additionally, the card allows the cardholder
to charge work-related expenses directly to the appropriate Institute accounts.
Each card is assigned a default project ID and account number to which
transactions will be automatically charged. Charges may be reallocated,
if necessary, through the Institute’s wed based distribution system, Works
Pcard Manager (WPM). Pcard transactions load to WPM daily and remain
available for review and redistribution for 7 calendar days before being posted
to the General Ledger.
Procurement Card eligibility and obtaining a Procurement Card
Procurement Card Forms
Procurement Card Important Information
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