Purchase Card Program Contributes Over $5M in Fiscal Impact to Working Smarter "Year 2" Results
As presented to the UC Regents in July 2012, the Purchase Card Program was one of 10 projects in the Working Smarter porfolio to report positive fiscal impact in the second year of the initiative. UC’s Purchase Card Program generated over $5 million in direct savings, incentive payments and signing bonuses in calendar year 2011. The program provided additional savings to the UC-operated national laboratories not reported here (considered outside the scope of the Working Smarter initiative). The Purchase Card Program is centrally negotiated at UCOP and participation and support is coordinated at each location through the UCOP Banking Services group.
To learn more about the full program fiscal results and presentation to the UC Regents, see: http://regents.universityofcalifornia.edu/regmeet/jul12/f3.pdf