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Glossary of Terms

Glossary of Terms

TermDescription

Business Area

an operational unit within one of the organisations involved in the Government Procurement Card scheme

Card

A Government Procurement Card issued under the terms of the Scottish Government Departmental GPC Agreement with Royal Bank of Scotland

Card Controller

an individual within Procurement who is responsible for monitoring and reporting on the use of the RoS GPC & Corporate Card and reporting to the business when appropriate

Card Officer

an individual within each Business Area who is responsible for verifying cardholder transactions and authorising the cardholders spend

Cardholder

a person who has been nominated for this purpose by their organisation and to whom a card is issued

Credit Limit

the maximum expenditure by an individual cardholder over a monthly period.

GPC

Government Procurement Card

Smartdata

The online tool used to apportion all spend that has been incurred on the card

Statement

details monthly transactions made by the cardholder which requires payment in full within 14 days, otherwise known as the invoice

Summary Statement

received by the Card Controller and details all Cardholders total spend, to be processed for payment within 5 working days