This year’s progress cont.
Turnover has also increased, with this year’samounting to 45% of the total since theprogramme started in 1997. The reason forthis very strong growth can be attributedto the number of card programmes, whichhas grown from 277 in 2003 to 424 this year,representing an increase of 53% in 2004. Thisis the largest percentage increase in the lastthree years.For the ﬁrst time the number of transactionsper programme is less than the previousyear. However, with such signiﬁcant growthin the number of programmes, this is notunexpected and as new initiatives maturewe expect to see a signiﬁcant increase in thenumber of transactions per programme for thecoming year.Such strong growth clearly demonstratesthat GPC Visa is becoming a standardform of payment for the public sector. Cardprogrammes are rapidly extending beyondCentral Civil Government departments andinto all areas of the public sector. For exampleBristol City Council are using 170 virtualcards in 160 schools to improve the efﬁciencyof their procurement, whilst the Ministryof Defence have over 14,000 cards in theirprogramme. In both cases the purpose is thesame: increased efﬁciency. As the use of the card has increased, so havethe savings ﬁgures. The annual savings ﬁgurefor calendar year 2004 is £64,875,216* whichrepresents 35% of the £187m cumulativesavings for the entire programme.
This year’s progress“GPC Visa is becoming a standard form ofpayment for the public sector”
Increased usage of the GPC Visa cardalso has a positive environmental impact. Visa estimates that 23 million pieces ofpaper were saved last year** by usingthe card, an increase of 53% on theprevious year. This amount of paper is anequivalent saving of 2,015 trees this yearalone, with a cumulative saving of 5,804trees during the whole programme.With approximately 35% of all landﬁll in the UKbeing made up from waste paper, we can seethat the GPC is having a positive effect, bothin terms of reducing the consumption of paperand reducing our dependency on landﬁll. Alsoby reducing paper usage we reduce the useof printer inks, energy use for print runs andtherefore positively reduce CO
*Calculated using the NAO approved ﬁgure of £28 saving per transaction.** Paper savings based upon 10 pieces of A4 paper saved per transaction
Total cumulative savings
Source: UK banks0m50m100m150m200m2004200320022001200019991998