What You Need to Know About CDS
Vendors sometimes contact VCU about payments that don’t match their invoices and one reason this may happen is because of a partial or full payment interception. Payment interceptions usually happen as a result of the Commonwealth Debt Set-Off (CDS) Program, a legally mandated program that recovers outstanding debts that vendors owe to state (CDS) and federal Treasury […]
Enhancing Supplier Payments: VCU Launches Virtual Card/Paymode (ACH) Campaign
Virginia Commonwealth University (VCU) is excited to announce the launch of a new supplier payment optimization campaign in partnership with Bank of America and Bottomline. Through this initiative, VCU suppliers will be invited to enroll in either: Both options offer faster payment times, enhanced remittance visibility, and improved security. Why Are We Doing This? VCU […]
Enhancing Supplier Payments: VCU Launches Virtual Card/Paymode (ACH) Campaign
Virginia Commonwealth University (VCU) is excited to announce the launch of a new supplier payment optimization campaign in partnership with Bank of America and Bottomline. Through this initiative, VCU suppliers will be invited to enroll in either: Both options offer faster payment times, enhanced remittance visibility, and improved security. Why Are We Doing This? VCU […]
