Commercial Card – Toronto Regional Forum

What's Next In Payments®
5:45 PM EDT November 9th, 2012

Register now for the Toronto Regional Forum and hear three unique perspectives relating to the Commercial Card Industry!

Date: Thursday, January 24, 2013
Time: 8:30AM-3:00PM
Fee: $69 NAPCP members; $89 non-members (includes continental breakfast and lunch)

First, learn what the City of Toronto has done to grow its program and what internal controls have been developed and are currently in place to ensure a successful payment strategy. Our speaker, Janet Buck (Supervisor, Accounts Payable and P-Card Program Administration, City of Toronto) will provide insight into the program (started in 2005), show statistical comparisons from then until now, and address the challenges and successes experienced along the way. Janet will reveal:

  • challenges and benefits of a decentralized P-Card program
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  • integration of Commercial Cards into management’s strategic plan
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  • how to build a comprehensive compliance program
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  • reconciliation in a non-automated environment
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Then, Andrew Simpson, COO of Caseware, Inc. will present “Starting Your P-Card Program Expansion: Building an Accountability Framework for Controls.” The newfound benefits and cost synergies created by P-Cards also come with increased risks associated with larger volumes of transactions and faster purchases. With the increasing adoption of enterprise P-Card programs, financial executives need assurance that Purchasing Card programs do not expose their organizations to unnecessary risk and revenue leakage. Having an effective framework for controls stands as the pillar for any successful P-Card initiative. Participants will learn how to create an effective environment for enforcing controls within their organization—from control design to risk allocation and best practices for enhancement of controls. We will debunk the myth that creating and monitoring a control environment is rocket science and only for business analysts.

Also, hear from Diane McGuire, CPCP, Managing Director of NAPCP who will share “Industry Highlights and Current Trends” Diane will present current industry statistics from the latest studies and market trends. She will also review current industry practices and statistics specific to program controls so you can move forward in confidence.

Register today…space is limited! For more information go to www.napcp.org/events.

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