unc charlotte purchasing card training. agenda program overview roles and responsibilities internal...

UNC Charlotte

Purchasing Card Training

Agenda

• Program Overview• Roles and Responsibilities• Internal Policies and Procedures

• Documents and Reference Materials• Bank of America Merrill Lynch (BAML)Works™

• purchasing card transaction management

system• Resources• Questions

Purchasing Card Program

• The purchasing card (“p-card”) is a procurement tool as well as 49er Mart and Direct Pay Requests (DPR) to facilitate the purchasing of goods.

• Requires knowledge of purchasing, travel procedures and account allocation.

• The p-card is a Visa credit card issued to UNC Charlotte through BAML.

• The p-card is for UNC Charlotte business transactions only. Personal use of the p-card is strictly prohibited.

• All University fund types, except Agency funds (8XXXXX), may be used with the p-card.

Purchasing Card Program

• The purpose of the program is to simplify the

procurement and payment processes for selected

low dollar, high volume business commodities.

Single transaction limit $2,500 Daily transaction limit $5,000 Monthly transaction limit $25,000

• The program is designed to maintain accountability

while reducing the cycle time and administrative

burden of procurement procedures such as

purchase requisitions and orders, direct pay requests,

travel advances and reimbursement requests.

Purchasing Card Program

Benefits to the Campus• Eliminates the need to use personal funds and

obtain reimbursements.• Reduces the need for Travel Advances• Eliminates the need for Prepayments and AAA • and other direct billed voucher codes.• Provides convenience, security, and flexibility to

make small dollar purchases, immediate payment.• Empowers departments profile choices to include

to include/exclude hospitality

Purchasing Card Program

Benefits to UNC Charlotte• Significant cost savings in the purchase-to-pay

cycle.• Increased expense analysis power.• Increased ability to provide value-added

services.

Roles and Responsibilities

Accountholder• Use of the p-card according to internal policies

and procedures. • Maintain card in secure location at all times (no sharing).• Ensure spending limits and allotted budget are not exceeded.• Ensure NC sales and use tax is not charged

for exempt purchases.• Ensure a Travel Authorization (TA) is fully approved

before prepaying travel expenses.• Obtain a receipt (vendor name, date of purchase, item

description and total amount of purchase) for each purchase

and submit to Reconciler.• Provide additional information regarding expenses

to Reconciler as necessary.

Roles and Responsibilities

Reconciler• Receive receipts from Accountholder.• Compare receipts with transactions in BAML

Works™.

• Review and sign-off on transactions in Works™.• Provide supporting comments (e.g. description,

business purpose).• Ensure correct fund, organization and account code

are used.

Upload receipt to the transaction in Works™

• Reconcile discrepancies with Accountholder when

necessary.

Roles and Responsibilities

Approver• Ensure p-card usage and activity is in compliance

with internal policies and procedures.• Review transactions in Works™ to ensure,

• appropriate receipt is upload.• comments are documented.• correct fund, organization and account

codes are used.• Flag transactions as necessary.• Sign-off on transactions in Works™

Roles and Responsibilities

Department Head• Provides fiscal oversight and management of

business operations within his or her department.• Selects department employees for participation

in the UNC Charlotte Purchasing Card Program

based upon business need and ability to fulfill

program requirements.• Accounts for the use of the p-card in his or her

department, taking appropriate action with

departmental staff when required.• Ensures FLSA-subject staff members are performing

p-card activities during regular work hours or with the

advanced approval of their supervisor if overtime is

required to complete task.

Roles and Responsibilities

Purchasing Card Team• Provides program management and oversight.• Develops and delivers effective training for

users.• Ensures program compliance and quality

assurance.

Internal Policies and Procedures

• Purchasing Card Manual

• Purchasing Card Procedures: Purchase to

Reconciliation• Allowable and Non-Allowable Expenses on

the UNC Charlotte Purchasing Card

• Purchasing Card Calendar

Bank of America Merrill Lynch Works™

• Basic Navigation

• Transaction Review and Sign-Off

• Flagging Transactions

Resources

• Works™ • Documentation and Guides• Training Videos

• Internal procedures• Purchasing Card Program Website

Questions

Annette Heller

Purchasing Card Administrator

(704) 687-5763

Cathy Nichols

Purchasing Card Payment Specialist

(704) 687-5475

purchasingcard@uncc.edu