GSA SmartPay Takes Billions of Taxpayer Savings Seriously
GSA SmartPay Takes Billions of Taxpayer Savings Seriously
At the eighth annual General Services Administration (GSA) SmartPay training conference, thousands of agency organization program coordinators, approving officials, financial and procurement managers, and policy officials met in St. Louis, MO, from August 1 to 3 to learn the latest best practices for replacing purchase orders and checks with more efficient card transactions.
The GSA SmartPay program saved $1.4 billion last year by eliminating expensive paper and purchase order transactions. The federal government spends an average of $54 to process just one paper-based purchase order.
This year’s curriculum included three days of focused training sessions on topics that ranged from program optimization to cardholder activity oversight and IRS 1099 compliance. Sessions were presented by GSA procurement professionals and experts from a variety of financial institutions serving government agencies, including Visa USA.
GSA SmartPay is the largest charge card program of its kind in the world, with over 2.7 million cardholders. Of these, approximately 439,000 are fleet vehicle charge cards, 300,000 are purchase charge cards, and 2 million are travel cards. More than 350 federal agencies and tribal organizations participate in the GSA SmartPay program. The SmartPay conference will be held in Philadelphia next year.
For more information on this year’s curriculum, contact Bruce Sullivan, Vice President of Government Services, Visa USA, via e-mail: [email protected].