News Search

This article provides the Stanford community with resources to support them in navigating tariffs imposed on their purchases.

Several enhancements were made to the OBI Procure to Pay (P2P) Reporting Dashboard in recent years to reduce administrative burden and provide departments with better visibility of their procurement data. These enhancements, summarized by report below, can help departments more efficiently manage...

The new Stanford Easy Pay payment method launching March 31 will substantially reduce the time and effort needed to reimburse visitors for expenses and process their honoraria payments. With Stanford Easy Pay, preparers will still initiate payments within the Expense Requests system (ERS), but will...

The Procurement Services department within Financial Management Services is committed to purchasing practices and policies that are compliant, responsible and appropriately support the university's goals and mission. Accordingly, those who are making purchases on behalf of or doing business with the...

This page serves as a one-stop shop for departments and stakeholders across Stanford to stay up to date with projects and enhancements, as well as associated resources to support them.

The university pays directly or reimburses individuals for expenses that are necessary and appropriate to conduct university business. Expenditures must be consistent with the university’s purchasing policies and guidelines as well as the guiding principles and IRS regulations with regard to...

Stanford and JPM will launch a virtual card enrollment campaign to suppliers not yet enrolled to receive virtual card payments.

With over 140,000 Expense Requests System (ERS) reimbursements and 260,000 Purchasing Card (PCard) transactions each year, the FMS Procurement Services team is continuously identifying and implementing improvements to make these processes as efficient and effective as possible. Effective February 10...

In response to a recent Financial Management Services (FMS) Learner Needs Analysis and iProcurement usability feedback from the 2021 Client Satisfaction Survey, FMS recognizes the need for “just in time” training for our user community. To that end, after a successful pilot, the FMS Financial...

Beginning in mid-January, FMS Procurement Services is conducting a pilot with a small, initial group of participants called the Premium Contract Service. The Premium Contract Service is a paid service ($400 per contract) that provides direct oversight and prioritization of the contract outside of...