Purchasing Card Program Overhaul
Summary
The city is switching its purchasing card and banking services to JPMorgan Chase to improve transparency, reduce fraud risks, and provide real-time transaction monitoring and automated receipt uploads.
At a glance
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Impact analysis
Generates an increased rebate return of 1.5% to 2.05% compared to the previous provider.
City taxpayers and staff benefit from tighter financial oversight and streamlined auditing.
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