The Effects of Credit Card Purchasing at Installation Level
Abstract
This research reviews the use of the Government wide commercial credit card program at the United States Military Academy (USMA), West Point, NY. The intent of the study is to analyze the credit card process. Questionnaires were developed to assess the credit card program. Cardholders and approving officials were the respondents to the questionnaires. Two years of purchasing data were subjected to a statistical t-test to determine the affect decentralized credit card purchasing had on workload and Procurement Administrative Lead Time (PALT). The conclusions based on this research are that credit card implementation at USMA has been successful and is an effective method of decentralized purchasing. The research also uncovered problems with tax charges and internal management controls. Recommendations made to the Directorate of Contracting include possible contract modification concerning tax charges, continuous screening of cardholders by the USMA administrative office, expanding the program to all USMA activities, and having existing cardholders use the card for other than urgent requirements. Small purchase, Credit card, Bank card, VISA Card, I.M.P.A.C.
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 01, 1994
- Accession Number
- ADA284968
Entities
People
- Henry L. Schnepf
Organizations
- Naval Postgraduate School