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Critical mission support achieved through custom procurement solutions

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ColinWills

This document discusses how custom procurement programs can help streamline complex purchasing processes for the Department of Defense and reduce costs. It addresses how payment programs capture more transaction data than traditional paper-based processes, allowing for better spend oversight. Specifically, it outlines options like purchase cards, virtual accounts, and electronic order management systems, noting certain industries require specialized programs for non-traditional suppliers that do not accept traditional payment methods. Overall, custom programs can help agencies achieve strategic procurement goals while ensuring compliance and critical mission support.

Economía y finanzasEmpresariales
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Critical Mission Support Achieved through Custom Procurement Solutions
[object Object],[object Object],Federal government procurement policies.
The rationale for payment programs. ,[object Object]
Purchasing programs bring valuable administrative savings. ,[object Object],[object Object],1 National Association of Purchasing Card Professionals. Purchasing Card Essentials . 2008. pg 8. 2 Indian Institute of Materials Management. http://www.iimm.org/knowledge_bank/2_purchasing-cards-e-procurement.htm
Spend oversight and the transaction and payment data. ,[object Object],[object Object],[object Object],[object Object]
Ensure that your payment program can track the data points you require. ,[object Object],[object Object],[object Object]
Supplier network considerations. ,[object Object],[object Object],[object Object]
Network acceptance among broad retail establishments. ,[object Object],[object Object],3 PayStream Advisors. P-Cards: Purchasing Cards Management Market Analysis Report. 2007.
Non-acceptance with specialized suppliers. ,[object Object],[object Object],[object Object],[object Object]
When a POS devise is not available, PFT purchasing controls cannot be verified. ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Data captured at transaction is supplier-dependent. ,[object Object]
True spend oversight relies upon data from various points in the procurement process. ,[object Object],[object Object],[object Object],[object Object]
Contract processing: leveraging supplier relationships. ,[object Object],[object Object],[object Object]
Approvals and workflow documentation: maximizing efficiencies. ,[object Object],[object Object],[object Object],[object Object],[object Object]
Specialized billings: ensuring accurate fulfillment. ,[object Object],[object Object],[object Object]
Achieve strategic objectives. ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Multi Service. Innovation Where it Matters. ,[object Object],[object Object]

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Critical mission support achieved through custom procurement solutions

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