SCG’s Approach to Purchase Card Program Optimization and Growth The numbers speak for themselves! SCG resources have provided Fortune 100 companies as well as various government agencies with analysis of their purchase card / electronic payment utilization. The results of these studies have been quite dramatic, demonstrating multimillion dollar savings to the bottom line. SCG has developed a powerful, easy-to-use tool which enables employees to view their data by organization, commodity and vendor. The creation of this proprietary tool is the result of detailed analysis of the client’s Accounts Payable file, and its vendor file. From this information, we work with the client to determine the appropriate spend tiers that apply to their different electronic payment options, and then present this information to the client in an interactive session to discuss program and sourcing opportunities. Stark Consulting Group provides a variety of services to support optimization. These services typically include: - Initial discussions with the financial institution and the client to understand the client’s strategic goals and how this program might support their efforts.
- Participation in meetings to select an appropriate Agency or organization that has a desire to participate and a willingness to act on results once the analysis has been presented and discussed.
- Meeting(s) with the appropriate financial resources to get the Accounts Payable and Vendor files in a timely manner.
- Setting the timeline for analysis, presentation, implementation, and follow-up reviews
- Submitting vendor data to payment network Supplier Matching Services
- Performing data analysis based on evaluation of AP data and vendor information
- Providing a web cast to the client
- Providing an onsite meeting with financial and sourcing personnel to discuss findings and determine initial plans, including completed CDs of data analysis to the client
- Developing specific implementation plans with the client as required by them
Find out how our unique approach to program implementation, optimization, and growth can result in dramatic improvements to your bottom line. | 
