ePCS explanatory notes
Published 15 April 2013
漏 Crown copyright 2013
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This publication is available at /government/publications/dwp-government-procurement-card-monthly-payments-explanatory-notes/epurchasing-card-solution-formerly-called-government-procurement-card
Information on the procedures and administration of the electronic purchasing card solution (ePCS) in the Department for Work and Pensions (DWP).
1. Background information
皇冠体育app ePCS is a purchasing card, not a credit card.
皇冠体育app ePCS used to be known as the Government Procurement Card (GPC).
ePCS is an efficient solution specifically for low risk, low value purchases. It enables government departments to buy from particular suppliers, including small and medium sized enterprises (厂惭贰鈥檚).
2. ePCS key benefits
皇冠体育app benefits of ePCS include:
- access to data to help monitor spend and budgets more effectively
- a reduction in the number of invoices 鈥� card transactions are consolidated and paid centrally, with no risk of interest charges
- saves money and delivers efficient processes
- electronic cardholder statements 鈥� this supports sustainability by reducing paper and resultant waste.
皇冠体育app benefits to 厂惭贰鈥檚 include:
- prompt payment of invoices in line with government initiatives
- improved cash flow
- a reduction in bad debt and late payments
- reduced administrative costs
3. ePCS and transparency
DWP publishes details of all ePCS transactions of 拢500 and over.
皇冠体育app data is published monthly, 2 months in arrears.
皇冠体育app data is published is in CSV format, which means you will need to expand the columns in the spredsheet to view the data in full. 皇冠体育app data provided includes the following:
- a transaction posting date
- supplier name
- transaction amount
- comments about the transaction