Hawaii State Procurement Office has awarded Corporate Card contract to First Hawaiian Bank. The new contract will be effective 1 September 2010.
First Hawaiian Bank’s Corporate Card program is used by clients to purchase supplies and other goods. The program has built-in spending limits that can be customized for a specific department, the bank said.
Corporate Cards can save a business money by reducing paperwork and streamlining purchases and enhancing cash flow.
State Procurement Office administrator Aaron Fujioka said when Hawaii State Procurement Office implemented this ‘P-Card’ program with First Hawaiian Bank in 2002, it allowed the state and counties to reduce costs, streamline internal processes and attain higher efficiency levels.
“We’re pleased to continue to work with First Hawaiian. Their team is very responsive and always provides us with excellent service,” Fujioka said.