Candex is Launching December 2!
Only 6 days to go! Candex is set to launch at Virginia Commonwealth University on Monday, December 2nd! This groundbreaking tool is about to revolutionize the way we handle payments within the VCU community. What is Candex? Candex is an innovative platform designed to streamline the payment process for small and one-time suppliers. Imagine being […]
‘Tis the Season! Vendor Gift Policy Reminder
As we approach the holiday season, Procurement Services reminds departments that gifts should not be accepted from vendors. Often, vendors reach out to clients during the holiday season with items intended to encourage business. It is the policy of VCU, as an agency subject to Virginia state procurement and conflict of interest laws, that university […]
FAQ: What is Set-Off Debt Collection?
The Virginia Department of Taxation originally established the Set-Off Debt Collection Program in 1983. At that time, the program collected outstanding tax debts to individuals and businesses. By 1990, the state program expanded to add the Comptroller’s Vendor Debt Set Off (CDS) Program. Under the CDS, vendor payments are targeted to offset debts owed by […]