The use of procurement (credit) cards has increased over the past 15 years in both government and private industries. We found the State is not benefitting fully from the efficiencies and cost savings associated with using the State’s procurement card for eligible small-dollar purchases. For the two years ended March 31, 2007, we determined that State agencies processed at least 1.1 million payments for transactions that could have been made using a procurement card, the State could have realized at least $4 million in rebate revenues from the card issuer, and likely saved over $26 million in processing costs. We also visited four State agencies and found they vary considerably in both the degree to which they use procurement cards and the efficiency of their processes. We make two recommendations to encourage the four agencies to increase the use of procurement cards.
For a complete copy of Report 2007-S-27 click here.
For a copy of the DEC 90-day response click here.
For a copy of the DOCS 90-day response click here.
For a copy of the OCFS 90-day response click here.