Accounting Insiders

The Hidden Financial Risk in Your Invoice Data: What Accountants Need to Know

Episode Summary

In this episode of Accounting Insiders, Gary DeHart sits down with Matthew McClain, Head of Payments and Data Management at Bill360, to discuss Visa's Commercial Enhanced Data Program (CEPD) and its impact on businesses and accounting professionals. Learn how incomplete invoice data can lead to higher processing fees, why AI is now playing a role in payment qualification, and what accountants can do to help clients avoid unnecessary costs. This conversation covers the key invoice data requirements, the elimination of Visa's Level 2 qualification tier, and practical steps businesses can take to prepare for these changes.

Episode Notes

Bill360 - B2B AR Automation | Improve Cash Flow, Reduce DSO, Lower Fees

CEDP resources page: Understanding Visa's Commercial Enhanced Data Program

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