Lessons Learned: ProCard Pitfalls and How to Avoid Them
Poor procurement card (ProCard) practices can become breeding grounds for fraud and waste. That’s why this quarter, we will discuss the trends and concerns noted most frequently in our recent ProCard reviews of all 18 colleges at UK. You’ll come away with a better understanding of what could happen if controls are not tightened and some tips on how to strengthen your procurement processes. This Lessons Learned aims to help you prevent this by showing you what you can do to protect both your applications and your individual files.