P-cards: A Guide to the Many Different Types for Accounting

Ghost card, virtual card, declining balance card, p-card and more. It’s enough to make your head spin. Today, we're diving deep into the world of the many different types of corporate credit cards – at last count we had 10. To help reduce the confusion that some of our accounting, finance, treasury and accounts payable audience might have, Recharged Education’s Lynn Larson is joining us to illuminate the topic.

Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.

Link to Expense Reporting: The Dark Side of Personal Cards
https://youtu.be/0Y3TTmu0-qw

Link to AP Now’s Invoice Series
https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh

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Learn more about AP Now at www.ap-now.com

Host: Mary Schaeffer (www.ap-now.com)
Guest: Lynn Larson (recharged-education.com)