P Card information for Suppliers

Image - Procurement Card

The Government Procurement Card is one the fastest and easiest ways to purchase items from suppliers. With no need to create time consuming invoices you can both save your work-time and make process savings.
 
The public sector uses them in a similar manner to credit cards, and is only for use when making business purchases. Using them simplifies the purchasing process and reduces internal costs.
 
Some of the benefits to you include:

  • No invoice to raise
  • No need for you to chase up outstanding invoices
  • Purchases can be made over the phone/ internet/ in the shop
  • You receive guaranteed payment within 4 working days which will improved cashflow
  • Potential for increased business from becoming a preferred supplier for card payments
  • Most of the authorities in Lincolnshire are signed up to the scheme so potential to supply to more customers. The University of Lincoln, Lincolnshire NHS Trust, Fire & Rescue and Lincolnshire Police are also part of the scheme
  • The scheme intends to work with suppliers to enable them to partake fully, the initial outlay to become a fully VAT enabled pcard supplier can be as little as £200

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