Public sector payments transformation

With around £400 billion¹ spent annually on public sector procurement, even small changes in how payments are made can unlock significant value. Yet many organisations still face persistent challenges from limited visibility and manual processes to slow supplier payments and increasing compliance pressures.’ 

This report from Mastercard and NatWest explores how procurement cards are evolving from a tactical expense tool into a strategic asset. It highlights how organisations can improve control, accelerate payments and reduce costs, while strengthening supplier relationships and supporting SMEs.

Featuring real-world examples from organisations including Halton Borough Council, Dumfries and Galloway Council and Imperial College, the report shows how leading teams are transforming procurement and unlocking measurable value by rethinking how they pay.

^1. Government Commercial Agency, Efficiency in government procurement of common goods and services, Session 2024-25.