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J.P. MORGAN CHASE BANK-2016
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J.P. MORGAN CHASE BANK-2016
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Last modified
3/31/2017 12:58:30 PM
Creation date
1/10/2017 3:43:03 PM
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Contracts
Company Name
JP MORGAN CHASE BANK
Contract #
A-2016-366
Agency
FINANCE & MANAGEMENT SERVICES
Council Approval Date
12/6/2016
Expiration Date
12/31/2019
Insurance Exp Date
6/1/2017
Destruction Year
0
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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 />e <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 JYMorgal <br />
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