ACL and the ACL logo are trademarks or registered trademarks of ACL Services Ltd. All other trademarks are the property of their respective owners. TOP 10 130132 - Top_10_PCard Need assistance? Talk to an ACL expert to learn how the automation of key analytics helps enable efective and sustainable P-Card management strategy. Call 1-888-669-4225 to speak with a representative or email us at info@acl.com TOP 10 P-CARD ANALYTICS Purchasing cards permit authorized employees to purchase products or services directly from vendors without having to go through the traditional purchase-to-payment process. Increased use of purchasing cards provides many benefts faster receipt of goods, lower transaction costs, better buying power with selected vendors, among others. With the success of these programs, however, come signifcant challenges, one of which is the ability to efectively monitor and analyze this high volume of (generally) low-value transactions. ACL has extensive experience developing analytic tests help you uncover critical control exposures within a P-Card program and also improve process efciencies while building a culture of compliance across the organization. Get started today with our Top 10 P-Card tests! Dormant Cards Lost or stolen P-Cards may be used for fraudulent purchases. Identify all active P-Cardss that have not had any transactions for the previous X days. Suspicious MCC/ SIC Identify purchases made to merchants with rarely used Merchant Category Codes (MCC) or Standard Industrial Classifcation (SIC) codes. Weekend/Holiday Purchases Identify purchases by employees made on weekends or holidays that total greater than a specifed threshold. Inactive Employees Identify purchases for employees within X days prior to their termination/leave of absence, or transactions for employees after their termination/leave of absence. Split Purchases Split purchase transactions may be used to circumvent a single transaction limit or otherwise used to avoid scrutiny. Identify purchases by the same employee to the same merchant within X days, with each transaction less than a specifed threshold, but total to greater than the threshold. Disputed and Declined Disputed or declined transactions may be an indication of fraud. Identify employees with P-Card transactions where the transaction was declined/disputed. Keyword Testing Identify purchases where either the Merchant Name or Purpose feld contains a word matching the list of specifed keywords. Large Transactions Large transactions may be an indication of a capital expenditure inappropriately paid for as an expense. Identify purchases greater than a threshold. Top Spenders Cardholders with high transaction volumes are a higher risk for fraud. Identify top X spenders that have not yet been identifed in the past Y analyses. Round Amounts Transactions with round amounts may be an indication of use for purchasing gift cards or cash advances. Identify transactions with amounts that are divisible by a specifed divisor, totalling greater than a specifed threshold for an employee.