What is included in Level 3 purchasing card data that is not in Levels 1 and 2?

Level 3 purchasing card data provides the most detailed transactional information compared to Levels 1 and 2. This level of data includes comprehensive details such as product codes, quantities, and descriptions of the items purchased. This granularity is essential for businesses that want to analyze their spending patterns, manage inventory effectively, and ensure that they are achieving maximum cost efficiency.

While Levels 1 and 2 provide important information like merchant names, transaction amounts, and basic item details, they do not include the detailed breakdown of products and their codes that Level 3 offers. Such data enhances the ability to track purchases closely, which is particularly valuable for budgeting, reporting, and financial reconciliation processes. Thus, Level 3's inclusion of product codes and detailed descriptions is what distinctly sets it apart from the earlier levels.