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Effective Jan. 1, 2023, suppliers of Stanford University must comply with California law regarding pay transparency, which includes the following requirements for California employers: Employers with 15 or more employees must include the pay scale, defined as the “salary or hourly wage range that...

This newsletter focuses on working with suppliers in the "new normal," and includes best practices when selecting, onboarding and managing the relationship.

Beginning October 2022, the FIN-PROG-103 course will be required for all existing requisition, expense journal and labor distribution approvers, and will require a refresh every two years.

In this issue: New reporting tools to manage aging and force cleared transactions, updated SU Credit Card Custodian report, Oct. 12 webinar: Salary, Fringe, and Indirect Cost by Employee report, and more.

This issue focuses on the role of financial approvers, features real stories of approvers who made significant impact, and offers a new toolkit of resources to support approvers.

In this issue: Illuminating solutions with the Expense Request Efficacy Dashboard, an OBI Open Lab success story, OBI Financial Survey results, and more.

A new package of refreshed resources is available to approvers, who play a key role in the university's financial ecosystem.

This issue includes: PLM report updates, managing your aging and force cleared transactions, deadline to take Financial Stewardship course, and more.

This newsletter focuses on balancing risk and benefit considerations in determining the appropriate purchasing method.