Purchasing Card

Purchasing Card: Eliminate Steps to Savings

Purchasing Card allows you to streamline the buying process and lower costs by reducing requisitions, purchase orders, invoices, and multiple payments to suppliers. It's backed by the reliable service and cost-saving consulting for which General Electric is known. See below for further details on Purchasing Card's benefits.

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Features & Benefits

  • Speed the payment process
  • Cut the red tape and maintain financial control
  • Streamline reconciliation: "Hands-free" link between point of sale and General Ledger
  • MasterCard® worldwide acceptance, "World's most accepted credit card"
  • SAM: powerful desktop reporting for data analysis and decision support
  • Customizable controls 
    - Total spending by day or month 
    - Type of merchant 
    - Retail spending limit 
    - Dollar limit 
    - Cash advances 
    - Number of transactions
    - Department
    - Employee and more 
    - Integrated online buying support, powerful e-settlement solutions
  • Pre-approve a specific transaction to a single merchant for a specific amount and time period
  • Dedicated supplier strategy team: analyzes spending, supplier sign-up initiatives and more
  • Implementation team: assists policy development, GL mapping, executive education, and more
  • Toll-free cardholder, program administrator and help desk support
  • Ongoing training: monthly conference calls, annual user groups, and more 
  • National Account Manager to help develop a Partnership Business Plan
  • Custom card designs to extend brand awareness

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