Purchasing and Contracts Updates and Hot Topics
2025-03-06
-
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...
collections_bookmark
announcement
Change Roadmap: Upcoming Projects and Enhancements
2025-02-28
-
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.
collections_bookmark
announcement
Suppliers can get paid faster through virtual card payments
2025-02-10
-
Stanford and JPM will launch a virtual card enrollment campaign to suppliers not yet enrolled to receive virtual card payments.
collections_bookmark
announcement
Improvements to ERS and PCard Module Save Time for Transaction Preparers and Verifiers
2025-01-17
-
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...
collections_bookmark
announcement
WalkMe: A new interactive learning solution to help financial system users
2025-01-07
-
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...
collections_bookmark
announcement
Tax Reminders and Resources
2024-12-10
-
New Year Tax Reminders and Resources Whether it’s where to find tax documents or how to look up or change withholding allowances, below are commonly-used resources to help you navigate tax season.
Get help with questions about tax dates and documents.
collections_bookmark
announcement
Premium Contract Service Pilot
2024-12-02
-
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...
collections_bookmark
announcement
Winter Closure Information
2024-11-05
-
In accordance with the 2024-25 winter closure schedule , Stanford University will be officially closed for regular business from Monday, Dec. 23, 2024 through Friday, Jan. 3, 2025. Normal business hours will resume Monday, Jan. 6, 2025. All hours listed are in Pacific Time (PT) unless noted. This...
collections_bookmark
announcement
Three simple steps to protect your PCard or TCard from fraud during winter closure
2024-11-01
-
Fraudulent charges on Stanford-issued credit cards increased 31% in fiscal year 2024, and fraudulent charges on all credit cards typically peak during the winter holidays. The Card Services team monitors Purchasing Card (PCard) and Travel Card (TCard) accounts for potential fraud throughout winter...
collections_bookmark
announcement
New Responsible Purchasing Program supports operational excellence
2024-09-30
Stanford Financial Management Services (FMS) is excited to announce it has united two existing teams to form the new Responsible Purchasing Program. This team will provide programming, services, and tools to the university community to support the university’s values. In its first year, the new team...
collections_bookmark
announcement