What Was Performed? An inspection of the Fiscal Year 2019 Purchase Card Performance Metrics was performed.Why This Engagement? The Office of Auditor of Accounts (OAOA) chose to perform this study as a practice aid to train new auditors on our data analytics software as well as to support the Government Efficiency & Accountability Review Board (GEAR) initiatives related to the State PCard program.What Was Found: OAOA identified agencies as “Best Practice” or “Needs Improvement” according to key performance measures. Additionally, we calculated a potential cost-avoidance savings if a portion of State checkbook transactions were converted to PCard transactions. Our study determined that the benefit of the processing-cost savings far exceeds the potential rebate.Recommendations: OAOA recommends that the Division of Accounting assist all state agencies, charter schools, and school districts by promoting the use of PCards for eligible small dollar transactions. This would help the State realize available rebate revenues and generate cost savings from efficiencies in PCard processing.
DE
United States
