1. Reporting and Compliance

Level 3 data usage

There needs to be more of an emphasis on Level 3 data. Currently government buyers may only be receiving reports on their organization’s spend that states X spent Y amount of money at Z store. Reports should really state that X spent Y amount of money at Z store on A, B, and C items. With this data in hand, CFOs could hold their teams more accountable for their decisions regarding the use of funds. Such data would help a CFO know whether Joe in purchasing is spending $50 on office supplies at Staples or $50 on gift cards.



-1 votes
Idea No. 121