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oboloo Glossary

Purchasing Card

oboloo Glossary

Purchasing Card

Purchasing Card

Purchasing cards, also called procurement cards or p-cards, are credit cards issued to employees for business expenses. The card is linked to the employee’s account and can be used for business purchases at approved vendors. Purchasing cards can be used for a variety of business expenses, including travel, office supplies, and professional services.

Purchasing cards offer a number of advantages for businesses. They can help streamline procurement processes and improve control over spending. Purchasing cards can also help businesses earn rewards and discounts on business purchases.

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