The p-Card is an IASBO developed program featuring Procurement Cards, or p-Cards, as a means to streamline and control the traditional purchasing process. The IASBO program is in contract with Harris Bank/MasterCard to provide school districts, community colleges and other educational entities in Illinois and other states with a procurement card.
The benefits of a p-Card Program for school districts includes the ability to submit one monthly payment vs. multiple payments to multiple vendors; the reduction in paperwork; fraud prevention and protection through Harris Bank and MasterCard; detailed reporting that’s available 24/7; easy online administration and dedicated customer support and most importantly - control on spending limits and accepted vendors for each individual card. Most of all, the p-Card program integrates with the school district budget both for reporting and internal controls.
For more information, go to: http://Illinois-pcard.com