1. League of Arizona Cities and Towns
Payment Card Consortium
August 22, 2018

2. BMO Harris Leadership in Governments
$1.3 billion in
lending commitments
400+ clients in
the industry
325+ years of
collective experience
Your funding needs are unique, which is why it's important that you work with a financial institution that has EXPERTISE in your industry. At BMO Harris Bank, our team of specialists has long been DEDICATED to helping government agencies and public school districts NAVIGATE their various challenges.
FINANCING CAPABILITIES
TREASURY & PAYMENT SOLUTIONS
INVESTMENT MANAGEMENT
& CUSTODY
Letters of Credit
Lines of Credit
Term Debt
Bank Purchases
Commercial Mortgages
Syndicated Financings
Equipment Leasing / Finance
Remote Deposit Capture Tools
Credit & Purchasing Card Solutions
Wholesale & Retail Lockbox Capabilities
Online Balance Reporting & Transaction Initiation
Fraud Prevention Tools
Direct Deposit & Payroll Card Solutions
Advanced POS Technology
Investment Management
Operating & Reserve Portfolios
Endowments and Foundations
Retirement Plans
Planned Gift Vehicles
Custody & Master Trust
Participant Recordkeeping
Securities Lending

3. Purchasing Card Overview
A Purchasing Card is similar to a traditional credit card however it allows you to manage your ongoing purchasing requirements while enhancing control, spend visibility and generate a rebate
Manage maverick spend through user-defined, custom control mechanisms.
Improve efficiency by changing payment from manual invoice and check requisition to purchasing card settlement
Streamline transaction management by enabling the review, reconciliation, modification & approval of transactions 24/7
Ensure policy compliance by providing auditors easy, online access to detailed transaction history.
Identify spending patterns via user-friendly, intuitive, standard and ad-hoc reports along with robust data extraction capabilities
Significantly reduce costs associated with authorizing, tracking, processing and reconciling your business purchases
Generate additional revenue stream based from expenses. (REBATE)

4. LACT & BMO Harris Bank Purchasing Card
BMO Harris Bank & Illinois ASBO – Created a Payment Card Consortium in 2003 that was focused on School Districts / Municipalities
2016 – League of Arizona Cities and Towns joined the program in order to serve its Municipalities.
2018 – Program expanded through 18 State ASBO’s & Gov’t Originations
Schools & Local Government
Roughly $400 Million in Program Spend
25,000 Cards Issued
Over $4 Million in card rebates last year to Schools & Local Governments

5. Benefits of LACT Payment Card Consortium
Avoid a lengthy (and expensive) RFP Process – (Every 5 Years)
No Fees for Cards, Implementation, Support, Online Access
No Minimum Spend (even the smallest community can benefit)
All program members may earn an annual performance incentive paid directly by the LACT (no minimum spend requirements)
Receive a dedicated BMO support team.
Pick your payment terms (Grace Days of 7, 14, 21, or 27)
Access to multiple payment tools including PCards, Virtual Cards, Ghost Cards, Declining Balance Cards, and others.

6. Take Away Questions Are we using a card program of any Kind?
If yes, is it a Credit or Purchasing Card?
Are we generating a rebate?
Are we required to hit a minimum spend before getting a rebate?
Are we assessed charges for new or replaced cards, support, etc. ?

7. BMO’S SUPPORT FOR YOUR ORGANIZATION
Institutional Markets - Government Banking
Chris Daly
AVP – Relationship Manager
(602)
Mark Mitrovich
Director
(312)
John Mattern
Managing Director
(312)
TREASURY & PAYMENT SOLUTIONS – Card Payments
Mark Bockelmann
Sr. Sales, Relationship Manager
(312)
Bryan Barger
Managing Director
(312)
REQUIRED
Review these points briefly as part of the introductions – focus on your role in BMO – Treasury and Payment Solutions