MasterCard Purchase Optimizer

Enabling companies to benchmark purchasing card programs.

MasterCard Purchase Optimizer is an online, interactive survey and diagnostic tool that enables companies to evaluate their purchasing card programs and benchmark against industry-specific and market peers. The diagnostic tool, developed jointly by MasterCard Worldwide and The Aberdeen Group, a Boston-based research organization, also generates recommendations aimed to help companies more fully capture the benefits of purchasing card programs.

The Purchase Optimizer can help uncover significant savings, as many purchasing card programs are currently under-penetrated and are not maximizing the significant process efficiency benefits that purchasing programs can deliver.

Purchasing card programs are evaluated against key success factors in categories such as administration, compliance, governance, program deployment, knowledge and information and vendor management. The comprehensive and statistically relevant analyses are informed by The Aberdeen Group's assessment of hundreds of purchasing card programs across multiple industries.

To complete the online interactive survey, companies input basic purchasing program profile data and program maturity indicators. Using fact-based purchasing and payables market research as its foundation, the MasterCard Purchase Optimizer delivers:

Analysis of the current state of the purchasing card program
Estimate of the financial opportunities and future performance indicators, and
Actionable recommendations for further improvement of each program.

Contact your purchasing card issuer to access the Purchase Optimizer.