I recently hosted a lively webinar on Strategies for PO and Non-PO Invoicing with Sush Koka, research director at PayStream Advisors, and Don Holm, senior solution consultant at Ariba, and question came up that I thought was very interesting:
"Is there a good rule of thumb by dollar amount which should be on a PO vs Non-PO or Purchasing card?"
Sush responded that she has seen some of her clients have under a $1000 on a Purchasing Card, $3000 to $5000 threshold for Non-PO.
What is your company's rule of thumb when to mandate a PO and when to use a P-Card? Is it similar to the amounts Sush has seen with her clients? Or do you have more strict or lenient policies?