Term used to describe a CPS card (Corporate Procurement Services) card. Essentially a credit card used to procure goods and services (not expenses). Currently a major oil and gas company has an agreement with AMEX as the main platform provider. Items procured are of low value.
PROCARD
Definition
Procurement Card
Procard means Procurement Card. Term used to describe a CPS card (Corporate Procurement Services) card. Essentially a credit card used to procure goods and services (not expenses). Currently a major oil and gas company…
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