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May 6th: Procurement Card Benefits, Risks, Fraud and Controls

Procurement Card Benefits, Risks, Fraud and Controls

CLICK HERE TO REGISTER 

When: Thursday, May 6th

Where: Italian American Community Center, 257 Washington Ave Extension, Albany

Time: 11:30 AM to 12:00 PM - Registration; 12:00 PM to 2:30 PM - luncheon and speakers

Cost: $35 AGA and IIA members; $50 for others 

CPEs: 2

 

Friday, April 30th is the last day to register!! 
 
The Procurement Card Program is designed to be an efficient and cost effective way to expedite small dollar purchases. Procurement Card Program benefits include reduced processing time, paperwork and handling costs along with a more rapid and efficient receipt of goods. In addition, entities can receive rebates for using the Card.

Comptroller DiNapoli stated in 2008 that, "Using the procurement card system instead of the paper-based purchase order and vouchering system is a simple way State agencies can cut costs and eliminate waste. Every agency should take advantage of every opportunity to save tax dollars."

There are, however, certain inherent risks associated with a Procurement Card Program. Specifically, purchases are typically completed before supervision and oversight activities can occur. In addition, the selection of the vendor and the determination of the reasonableness of the price are left to the cardholder. Some have taken advantage of these risks and got caught - hear about the frauds.

To share their experience with the procurement card are Jerry Barber, Assistant Comptroller for the State Accountability Division, Office of the State Comptroller; Nancy Quay, Assistant University Auditor for SUNY; Don Temple, Senior Auditor for SUNY; Katie Gavigan, Audit Supervisor for the Bureau of State Expenditures, Office of the State Comptroller; and Barbara Akers, Principal Auditor for the Bureau of State Expenditures, Office of the State Comptroller.

Please join us for lunch and learn about the benefits of the procurement card and how the risks can be lessened through training and controls that prevent and identify instances of inappropriate or questionable purchases.

Lunch Choices:
Bistro Steak
Chicken Parmigiana
Penne with Broccoli

 

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Reimbursement Opportunities for NYS Employees

New York State and its public employee unions recognize the importance of continuous learning by providing assistance for tuition expenses.  The New York State Governor's Office of Employee Relations (GOER) has developed a number of tuition reimbursement programs that NYS employees can utilize for a variety of training opportunities. 
 
 Please visit the GOER website to find out more about the tuition assistance programs for PEF, CSEA, and M/C employees.