Purchasing Card Program Business Process and Controls Review

Sunday, September 21, 2008

The Office of Audit, Compliance and Privacy, Purchasing Services, and Travel Services & Procurement Cards are collaborating on a new university wide purchasing card program business process and controls review initiative that will be launched in early October 2008.

As we identify opportunities to maximize the value and potential of the purchasing card program, this review will establish a management baseline for the program, identify any gaps in process controls, inappropriate cardholder behavior or card usage. In support of our SAS 112 P2P Project, a business process survey will be issued to all Schools and Centers to determine the effectiveness of business unit specific controls and monitoring activities.

More information on this upcoming purchasing card program review is available in the Purchasing Card Process and Controls Review presentation that was given at the September 18th P2P Champions meeting.

Please direct all questions regarding this review to Ralph Maier in Purchasing Services.