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Managing a government entity is challenging

We can help you by consolidating all of your purchasing onto a unified platform

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Streamlining Procurement from Spend Control to Reconciliation

Gain increased visibility across procurement spending, reduce or eliminate fraud and waste and increase negotiating leverage with suppliers. Here’s how it works:

 

Step 1: Enrollment

Employees are issued physical cards or enrolled in an employee spending control solution like Mastercard In Control for Business

Step 2: Controls

Manager configures employee’s privileges including approved purchase categories, limits, alerts and workflow escalation path

Step 3: Purchase

Employee submits purchase requests and invoice for approval, which is delivered through automated workflow to supervisor

Step 4: Payment

Upon approval, solution generates limited use Virtual Card Number for employee to complete payment

Step 5: Reconciliation

Solution reconciles unique Virtual Card Number and invoice number upon settlement and generates report for easy tracking

Mastercard Corporate Card®

Get a payment solution that helps to increase efficiency and transparency — plus the data analysis tools to help you easily track and manage budgets.

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Mastercard Corporate Card

Mastercard Commercial Prepaid Card

Designed to provide a secure, cost-effective alternative to paper checks, Mastercard provides flexible card solutions that cut costs, increase convenience and keep employees happy.

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Mastercard commercial prepaid card

Manage operations

With a powerful suite of reporting, analysis and compliance tools, Mastercard Smart Data delivers deep insights into spending, which can help you gain greater control over expenses and lower administrative costs. You may also realize savings through better vendor management and pricing. Here are just some of the benefits:

  • Access detailed cardholder spending activity reports
  • Easily integrate into existing systems, with no proprietary software
  • Gain added reporting capabilities, supplier acceptance, and data capture
  • Support diverse expense management needs
  • Avoid extensive and costly software upgrades
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