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PCard Application & Forms |
PCard Background
USNH has a Purchasing Card (PCard) program which began in 1996. The USNH PCard is actually a Master Card Commercial Card which we use for high volume, low dollar purchases. The purpose of the PCard was to establish a more efficient, cost-effective method of making high volume, low dollar purchases. The PCard has reduced the time between identifying a need and delivery of the goods. Cardholders have direct contact with the supplier in placing orders.
PCard Statistics
The expected volume was approximately $8 million in purchases (2% of FY 95 dollars expended) and 60,000 invoices (44% of FY 95 invoices processed). The program has expanded to $41 million dollars at the end of FY 01. The following table outlines the growth of the PCard program since its inception:
| Fiscal Year | Total Dollars | Total Transactions | Average Dollar/Transaction |
|---|---|---|---|
| FY 97 | $288,903.59 | 2393 | $120.73 |
| FY 98 | $3,549,968.44 | 27188 | $130.57 |
| FY 99 | $9,865,135.75 | 66846 | $147.58 |
| FY 00 | $13,344,483.73 | 84222 | $158.44 |
| FY 01 | $14,252,256.31 | 84918 | $167.84 |
| Grand Total | $41,300,747.82 | 265567 | $155.52 |