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The Westpac Purchasing Card is far more than just a credit card. It is a total payables solution, streamlining your purchasing and accounts payable processes.

Our cards have the most extensive point of sale controls in the market allowing you to set your own parameters on exactly when and how your cards can be used, while providing you with sophisticated controls and reporting options.

The Westpac Purchasing Card Program can help you achieve significant savings and efficiency improvements through:

Removal of time consuming purchase requisition and order processes Reduction of cheque processing and petty cash transactions Improved MIS on spending Tighter vendor management Multiple reporting options to suit your business needs

You design the system that gives you the control you want. You decide who should carry the Westpac Purchasing Card. You decide how the card should be used. You decide on your reporting requirements. In fact, compared to traditional paper-based systems, you have never been more in control!

We offer you the ability to choose either MasterCard or Visa – the most widely accepted cards brands in the world.

Independent studies* demonstrate that switching from manual purchasing processes to a card based purchasing system can achieve approximately a 60% efficiency gain – with a 20% saving directly accruing to your bottom line.

*"Purchasing Card Best Practices Management Guide" Deloitte and Touche Visa study, Visa International, Delaware USA, October 1998.

Software can deliver even further efficiencies
Adoption of card management software is an efficient way to maximise the value of your card program.

Software can deliver significant benefits and FTE savings through:

• Workflow automation
• Daily transmission of transaction data
• Elimination of data entry (electronic upload to the general ledger)
• Faster reconciliation through automated account coding
• Flexible MIS enabling improved expense control and supplier management
• Exception reporting to manage staff purchases