Identify opportunities to use the electronic payment method to reduce administrative costs and to increase incentive income. Work with US Bank to implement proprietary technology that can increase use of the Purchase Card Program and convert existing vendor payments from paper to electronic.
News & Updates
07 / 21 / 12
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 […]
07 / 06 / 11
To date, the new Purchase Card Program generated nearly $3.9 million in direct savings for the campuses in calendar year 2010 in both incentives and signing bonuses. The program provided additional savings to the UC-operated national laboratories.