Purchasing Cards: Overcoming Risks and Creating an Effective Program

Duration: 90 Minutes
This purchase card training program will detail the components of a successful purchasing card program. It will also discuss implementing proper purchasing card controls, types of risk including fraud and misuse, auditing techniques, and more.
Creating an Effective purchasing card Program
Instructor: Craig Taggart
Product ID: 507486
Objectives of the Presentation
  • Determining how purchasing cards fit within the overall organization strategy
  • Components of a successful purchasing card program
  • Implementing proper purchasing card controls
  • How to identify highest risk transactions including cybercrime
  • Types of risk including fraud and misuse
  • Auditing techniques
  • Internal controls and governance
  • Discussion of types of purchasing cards available
  • How to avoid common purchasing card fraud
  • Develop effective purchasing card policies
Why Should you Attend
If you don't prepare your own profit and loss statement, you may not understand what you are trying to communicate about your business' financial performance. Many business owners and senior executives have stacks of reports they never look at because none of them seem to make much sense. Understanding your P&L is vital to small businesses because it also serves as the income statement. Whether it's time to apply for business credit or a loan, or time to sell your business, you'll need to bring your P&Ls going back 2 to 3 years. This webinar will help you understand the terms, format, and key performance indicators of profit and loss statements.

Areas Covered
  • Why use purchasing cards
  • Roles and responsibilities in purchasing card programs
  • Commonly identified risks
  • Components of a successful program
  • How to audit your p-card program
  • How to develop an effective purchase card policy
  • Assessing risk
  • Building preventive controls
Who will Benefit
  • CFOs
  • Controllers
  • Procurement Professionals
  • Accounts Payable Managers and Directors
  • P-Card Administrators
  • Internal Auditors
  • Treasury Leadership
$200
Recorded Session for one participant
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  $250.00 Training CD
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  $300.00 Training USB Flash Drive
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How it works
Live Session - How it works
  • Login to onlinecompliancepanel with your registered username and password https://www.onlinecompliancepanel.com/login
  • The webinar joining link, username and password for joining the webinar will be updated on your OCP Account 24 hours prior to the webinar
  • Presentation handouts in Downloadable PDF format will be updated on your OCP Account 24 hours prior to the live session
  • Login to the audio conference on the scheduled date and time
  • Get answers to your queries through interactive Q&A sessions via chat at the end of the session
  • Download the Certificate of Attendance and Purchase Invoice from your OCP Account 24 hours after the completion of the session
  • Please let us know your thoughts and views at the end of the webinar, your valuable feedback will help us improve
Recorded Session - How it works
  • Login to onlinecompliancepanel with your registered username and password https://www.onlinecompliancepanel.com/login
  • Upon purchase of the recorded session a link will be updated on your OCP Account within 24 hours
  • Please click on the link to access the Recorded Session
  • Presentation handouts in downloadable PDF format will be updated on your OCP Account within 24 hours of the purchase of the product
  • Download the Certificate of Attendance and Purchase Invoice from your OCP Account after 48 hours of the product Purchase
  • Please share your valuable Feedback at the end of the session
Instructor Profile:
Craig Taggart has almost a decade of experience in the fields of mergers and acquisitions and business financing. Mr. Taggart works strategically with his clients to achieve the highest value for their business within the capital markets. His experience with BCC Capital Partners in the M&A industry has greatly contributed to his understanding of transaction structure, strategic placement of buyers, and the attainment of maximum market value for his clients.

He has represented and sold many businesses in a number of different industries and has significant experience working with companies in: continuing education, transportation, software and professional services. Mr. Taggart is currently working in the clean energy sector that covers multiple initiatives within M&A and corporate development.

He is a certified merger and acquisition advisor, accredited valuation analyst as well as an active member of Alliance of Mergers and Acquisition, and The National Association of Certified Valuators and Analysts (NACVA). Mr. Taggart has been a certified fraud examiner since 2011 and has owned an investigative franchise business, which focused on fraud based cases involving insurance, asset searches, surveillance, witness statements.

He earned his MBA from the San Diego State University specializing in financial management. Mr. Taggart graduated from the California State University Northridge with a bachelor's degree majoring in organizational psychology.
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