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Approach / Methodology <br />U.BusinessCreditCards <br />The City uses business credit cards for everyday purchases. There are currently five (5) active <br />credit card accounts assigned to departments. Proposer shall submit a description of the <br />credit card programs it offers along with the respective program stipulations, any card <br />incentives/rebates (i.e. rewards program, etc.) and any other card programs it offers along <br />with the minimum spend requirements for these card programs provided. <br />The TD Commercial Plus Card provides robust purchasing and travel card functionality <br />through a single consolidated card program. The globally accepted Visa charge card <br />will help the City reduce costs and add efficiency to the procure-to-pay process while <br />maintaining control. Designed to support a wide range of payments types, including <br />indirect and direct spend, this flexible solution may also be custom tailored to <br />accommodate your specific reporting and risk management needs. The included and <br />feature-rich TD Commercial Plus Card Online platform for program management and <br />reporting completes this value-added solution which will directly help your <br />organization: <br />Consolidate multiple card programs <br />Provide (Or Utilize) physical plastic, ghost, declining balance and virtual cards <br />Reduce the cost, effort and time to procure and pay <br />Streamline process and create efficiencies <br />Accounting code allocation available <br />Generate working capital improvements <br />Extend disbursement float and increase DPO <br />Negotiate preferred trade terms with suppliers <br />Increase visibility into company spend with enhanced reporting <br />Improve controls and contract compliance <br />Produce income through rebates (minimum spend required for eligibility) <br />TD Bank manages the Southeast Florida Governmental Purchasing Card Co-Op, for <br />which the City of Deerfield Beach is the lead agency. The Purchasing Card program <br />was awarded through a competitive RFP process. There are several municipalities <br />currently participating and more have expressed an interest to join. By participating in <br />this Purchasing Card program the City will derive the benefits outlined below. This <br />also provides the ability to earn a rebate based on the overall spend of the entire Co- <br />Op. <br />Proposed by: TD Bank, N.A.Page 40 <br /> <br />