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Numerous studies support the business case for American Express Corporate Purchasing Solutions. Downloading case studies, white papers, and reports is complimentary.
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Home Depot Gets Its Purchasing House in Order - How did Home Depot use
its American Express Purchasing Card program to slash expense processing costs
by 60%? First, it identified its top vendors, then automated all purchasing
transactions with them. Not only did the retailing giant generate better
discounts, but it stopped having to process more than three million paper
invoices a year. Efficiency gains were so dramatic that Home Depot cut
headcount in the Expense Payables department by 25%-saving $1.2 million in
salaries alone. Download
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What did Accenture learn after they partnered with American Express to get a fresh perspective on procurement
practices from small to large companies around the world? This fact sheet provides highlights from The Role of
Procurement Cards in the Source-to-Settle Process Study. From reducing processing costs to driving compliance
improvements, the information is timely and needed. To view highlights, click here. For a copy of the full study,
please contact an American Express sales representative.
How did a global professional services firm start saving $2.3 million every year
since launching an American Express Corporate Purchasing Card program? This
white paper by American Express Consulting Services discusses how the company-and
many others like it-save soft dollars (through process efficiencies) and
significant hard dollars (from unit price reductions and other discounts).
To read Keys to Purchasing Card Success, click here.
How have some procurement organizations around the world been able to generate
pricing savings of 15-25% and process savings of 30-60%? By switching to e-sourcing
and e-payment tools, they have reduced "rogue" spending, slashed bidding and
negotiation cycle time, and promoted back-office staff into higher-value roles.
Those are the compelling findings of a joint A.T. Kearney/American Express study.
To access the Maximizing Value Capture in the Procure-to-Payment Process
white paper, click here.
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Establishing visibility and control over spending is top of mind for most
corporations, not just for financial reasons but to maintain compliance with
Sarbanes-Oxley (SOX) regulations. To find out more about making your company
SOX compliant, and to learn about the role American Express plays in
supporting compliant Card programs, read Key Components to a Company's
Compliance with Sarbanes-Oxley.
Download
How are certain industries tackling their procurement challenges? The
Procure to Payment: Hospital Spotlight highlights the key procurement
priorities, issues and solutions used by public and private hospitals in the
United States. You'll read how hospitals that have leveraged technologies to
streamline purchasing processes have benefited from lower administrative costs,
healthier cash flow, better collection of purchasing data, and better rates
with suppliers. Click on the download link for a complimentary copy of the report.
Download
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American Express is a Gold Sponsor of the National Association of Procurement
Card Professionals (NAPCP). Membership includes access to reports, white papers
and case studies. For information, Click here.
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American Express is consistently recognized for exceptional controls and security:
- The most trusted company for privacy in the U.S. (TRUSTe and the Ponemon Institute, October, 2005)
- Excellence in Information Integrity Award: The Information Integrity Coalition recognized American Express for helping eliminate information risk. (October, 2005)
- Cybertrust Perimeter Certification
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Take a look at what our clients are saying about American Express Corporate Purchasing Solutions
Financial Savings:
"The greatest benefit of working with American Express has been their wealth of knowledge and obviously the financial savings for the company."
Eastman Kodak, 2006
"By evaluating global spending patterns and purchasing behaviors, we're able to translate our volume into meaningful discounts with suppliers. With American Express, we've been able to save tens of millions of dollars per year-savings that migrate right to the bottom line."
Zurich Financial Services, 2005
Proven Relationship:
"The American Express brand has always had a connotation for quality, but having worked personally with the employees of American Express, it goes beyond that. The people you work with truly are concerned about what's going on in your organization, and listen to what you have to say about it, and will try to help as much as they can."
Delta Air Lines, 2005
"I found that American Express has listened and heard our needs. They've been able to adapt and flex and really accommodate the specific business needs that Genentech has."
Genentech, 2006
Superb Solutions:
"We just recently implemented Corporate Account Reconciliation. CAR allows us to have one account and general ledger number, which has simplified the process and increased the use of the Card as well."
Genentech, Inc., 2006
"Our Cardmembers find [Manage Your Card Account] extremely beneficial. You can pull your own statement, print it out, and send it in to accounting that way."
W. R. Grace & Co., 2005
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Would you like to learn more about how our Corporate Purchasing Solutions can benefit your business?
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