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55E - RESO - AGMT - DEPOSITORY SRVS
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55E - RESO - AGMT - DEPOSITORY SRVS
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Last modified
12/1/2016 5:01:03 PM
Creation date
12/1/2016 4:49:35 PM
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
55E
Date
12/6/2016
Destruction Year
2021
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• Integrated transaction data —The City can integrate card <br />transaction information into your ERP system without the need <br />for manual data entry; Microsoft Excel files can also be generated <br />for custom data analysis by your finance, audit, or managerial <br />staff. <br />Simplified program administration— Smartdata makes <br />program management easier through the Smart Data Real -Time <br />Account Manager (SDRAM) for your administrator, managers, <br />and cardholders with online transaction review and email <br />approval notification. Administration functions such as new card <br />requests, address changes, and spend limit adjustments can be <br />completed online and in real time. <br />Faster Vendor Payment with Optimized Cash <br />.Flow <br />The One Card can help the City limit costs by replacing requisition, <br />purchase order, and reconciliation processes with intelligent card controls <br />and reporting. Operations are streamlined by eliminating steps such as <br />purchase order data entry and vendor setup. You can also reduce check <br />writing by consolidating all purchases into a single monthly payment. <br />Customized Cardholder Controls <br />Each card can be customized with restrictions based on single transaction <br />limits, daily or monthly velocity limits, merchant category codes, and <br />ATM access. These controls support the budget parameters and spend <br />policies your organization establishes without restricting your employees' <br />job effectiveness. <br />Annual Rebate <br />We offer our clients competitive incentives based on charge volume. <br />Detailed information is provided separately in our financial offering in <br />Appendix 7. <br />Comprehensive Program Support <br />Our experienced team offers support at all levels of your organization. We <br />provide assistance for implementation and daily program administration <br />to help ensure the success of each program with the following support <br />resources: <br />Page 93 J P. Morgan <br />55E -188 <br />
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