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Purchasing card spending by state and local governments more than doubled between 1998 and 200l, fueled by greater card distribution among public employees and fewer restrictions on usage.
Purchasing cards were developed in the late 1980s as a means of helping federal government agencies acquire small-dollar goods without subjecting their vendors to payment delays associated with the bureaucratic procurement processes at that time. In addition to expediting payment, purchasing cards have been found to have numerous other important benefits, principally relating to the reduction or elimination of the paperwork plague associated with requisitions, purchase orders, ...