What term describes the data provided by card companies to issuers in connection with commercial or business card programs?

The term "Enhanced Data" refers to the additional information that card companies provide to issuers as part of commercial or business card programs. This extra layer of data typically includes detailed transaction information, such as supplier details, purchase categorization, and line-item descriptions, which go beyond what is found in standard transaction data. This enhanced level of detail allows issuers and their clients to gain insights into spending patterns, analyze expenditure more effectively, and manage budgets more efficiently.

Enhanced Data supports businesses in having a clearer picture of their spending, facilitating better decision-making. By utilizing enhanced data, organizations can streamline their expense reporting and reconciliation processes, ultimately improving financial management.