|PCard Application & Forms|
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.
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|