The Purchasing Card optimizes your Traditional Purchase-to-Pay Processes

The Purchase Card of the Credit Mutuel – CIC Group is a true international bank card. Its latest EMV chip manages the full interoperability with “Cartes Bancaires” for all purchases made in France and MasterCard for international transactions. But more than a simple card, it enables you to manage in a more efficient way your traditional purchase-to-Pay for goods and services...

Save up to 80% on your administrative and processing costs

For most Companies, Maintenance, Repair and Operations (MRO) expenses represent approximately 80% of the number of Invoices but only account for 20% in monetary value. However in a traditional procurement environment, processing costs remain identical whatever the purchase amount may be. To our experience, we estimate that the average administrative and processing costs of each purchase is around 100€ and remains the same whether your purchase value is 25€ or 100 000€. So your Purchasing card can truly help you realize significant cost savings for these purchases that cost you the most.

Streamlined Purchase-To-Pay Process <=> Purchasing Card transaction flow.

The Purchasing Card simplifies your processes from sourcing to payment by empowering end users to make purchases themselves and allowing Invoice dematerialization.

By choosing our Purchasing Card, you can reduce the costs associated with your purchasing processes up to 80% by:

  • Delegating the overall MRO purchase cycle directly to the cardholders while remaining in full control of your procurement policy (Amounts, Numbers of transactions, type of Goods and Services purchased).
  • Freeing your Purchasing Department from unproductive administrative tasks and allowing it to focus on more strategic activities like: quality sourcing, contract negotiations with preferred suppliers, etc.

Permanent and Customisable Card

A demand of license is automatically made for every deal to control the various criteria of validation as:

  • The amount of the deal,
  • The amount and the number of operations for defined period,
  • The Geographic limitations and the storekeepers' types,
  • The referencing of the privileged suppliers,
  • The possibilities of withdrawal...