Purchasing Card
The University of Memphis Purchasing Card Program has been established to provide University employees with a convenient means to make legitimate business purchases and, at the same time, reduce the costs associated with initiating and paying for those purchases. Use of the Purchasing Card consolidates paperwork and helps facilitate vendor payment.
Credit Cards are issued to University employees. Charges are accumulated monthly and charged to "default" FOPAL (Fund, Organization, Program, Activity, Location) codes identified by the responsible University department/activity. "Default" accounting codes are determined based on the Merchant Category Code (MCC) of the business where purchases are made.
Regions transmits purchasing card statements to cardholders via a secure Internet site. Cardholders reply with FOPAL/account code adjustments. Administrators and Reviewers transmit the data for update to SCT Banner Financial System. Departments see the detail charges on SCT Banner monthly financial reports and the Regions Bank receives one check per month.
To protect system integrity, the system will lock user IDs that are inactive after sixty (60) days from the setup date, last use date, or date the application is first installed (as a grace period). The user has 30-days from the lock date to reactivate the User ID. To reactivate a User ID, contact the University Purchasing Card Coordinator at extension 3673. The system will delete User IDs not accessed within ninety (90) days from the setup date, last use date, or date the application is first installed. Once a User ID is deleted, contact the University Purchasing Card Coordinator at extension 3673 for guidance.
Purchasing Card
115 Administration Building
Memphis, TN 38152-3370
Phone: (901) 678-3673
Fax: (901) 678-2102