Updated Card Suspension Process to Support Proper Use
2023-11-07
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An updated suspension process for individual (not departmental) Purchasing Cards (PCards) and Travel Cards (TCards) rolls out in Fiscal Year 2024. Designed to reduce risk to the university and encourage financial stewardship of these university-issued credit cards, the updated suspension process...
Updated article on October 9, 2023
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Updated resources to support honoraria and human subject payments
2023-10-10
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There has been a significant increase in the number of honoraria payments and payments to human subjects, including related travel reimbursements, since university operations fully resumed following the COVID-19 pandemic. For instance, from calendar year 2019 to 2022, the number of honoraria...
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Creating Opportunities through the Supplier Diversity Initiative
2023-09-22
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Suppliers play a critical role in enabling the university to realize its mission and live its values. Given the critical role of the supplier and Stanford's decentralized purchasing approach which allows individual departments to make purchasing decisions that are tailored to their specific needs...
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Stanford Travel Newsletter: Summer 2023open_in_new
2023-09-06
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Topics include: Save the Date: October Stanford Travel Forum, Four Options to Meet Your Travel Needs, Win Airline Tickets, UA Club Passes, and More, Stanford Travel Packet Resource Updated, New Phone Number for Egencia Agent Support, In Case You Missed It resources, and other resources.
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Streamlined Delivery and Pick Up Options for Will Call Payments
2023-07-31
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Effective July 31, 2023, a streamlined process and tools will make it easier to receive Will Call check payments for purchase order invoices and Expense Requests transactions. About the new process After a Will Call payment is requested for an Expense Requests transaction or a purchase order invoice...
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July Enhancements to the PCard Module
2023-07-14
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In an ongoing effort to improve and streamline the Stanford Purchasing Card (PCard) experience, several enhancements to the Purchasing Card module within Oracle Financials will launch on July 17. Additionally, to continually improve and support purchasing practices and policies that are compliant...
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Excellence in Financial Stewardship | Issue 8open_in_new
2023-06-22
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This newsletter, covers the risks and best practices with stewarding gifts using scenarios such as spending in accordance with the gift terms, when a donor’s gift is unspent, and navigating difficult and uncertain situations.
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Enhancements to increase procurement efficiency
2023-06-05
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Procurement Services, part of Stanford Financial Management Services (FMS), continuously examines opportunities to enhance processes or provide new solutions to support purchasing activities for the university while maintaining financial stewardship excellence. Areas of opportunity under review are...
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Year-End Close: 2023 Reminders and Deadlines
2023-05-31
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It's that time of year again! The year-end close (YEC) process of recording and reporting expenses from September through August gives a snapshot of the university's transactional activity each fiscal year. For an in-depth look at the process, review Topic Overview: Year-End Close. Schedules and...
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Stanford Travel Newsletter: Spring 2023open_in_new
2023-05-08
Topics include: Get Flexibility and Perks with Stanford Travel, Prepare for Summer Travel, Easily Access Key Travel Through Fingate Systems Button, Coming Soon: New Egencia Guest Booking Process, New Stanford Travel Promotions in 2023, In Case You Missed It resources, and other resources.
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