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Time savings can be recovered as cashable savings when temporary staff requirements are reduced, as they typically are when switching from complicated paper-based administrative processes to a fully integrated card programme that uploads data seamlessly to the organisation’s financial ledger. Non-cashable savings can be recovered by applying a per transaction efficiency saving, or by allocating staff to a customer facing service. A number of studies for the National Audit Office (NAO) and the National e-Procurement Project (NePP) have found that the average value of the time saved when using a procurement card transaction is somewhere around £30 per transaction. Ticon can help organisations to estimate the time savings that a procurement card programme would create, a vital component of crafting an effective business case. Ticon’s experts can take organisations through the entire process from business case development to implementation and on to programme maintenance and optimization, ensuring that clients get the most out of their programme each step of the way. |