filter_list Filter by
All search results related to
  • Business Expense Updates and Hot Topics

    2024-12-11
    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...
    collections_bookmark    announcement
  • Change Roadmap: Upcoming Projects and Enhancements

    2024-11-11
    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
  • 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 ESG department to help the university achieve its environmental and social goals

    2024-09-30
    Stanford Financial Management Services (FMS) is excited to announce it has united two existing teams to form the new Environmental, Social, and Governance (ESG) Programs department. This team will provide programming, services, and tools to the university community to support the university’s values...
    collections_bookmark    announcement
  • Year-End Close: 2024 Reminders and Deadlines

    2024-07-22
    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; it includes five distinct closing stages of activities as shown below. This news page...
    collections_bookmark    announcement
  • WalkMe: A new interactive learning solution to help financial system users

    2024-06-27
    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
  • Supplier/Payee Request form updates to support ICs and non-PO contract setups

    2024-06-19
    As part of ongoing Procurement Efficiencies enhancements, Stanford Financial Management Services (FMS) updated the Supplier/Payee Request Form on July 15 for overall usability improvements and now includes: A new Independent Contractor (IC) affiliation type to better support IC transactions... Supplier/Payee Request form updates to support ICs and non-PO contract setups
    collections_bookmark    announcement
  • Reduced number of invoices requiring department approval

    2024-06-18
    Continuous improvements to the Accounts Payable (AP) invoice holds workflow functionality and system notifications in response to feedback from the fall 2021 FMS Client Satisfaction Survey.
    collections_bookmark    announcement
  • Enhancements to increase procurement efficiency

    2024-04-19
    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...
    collections_bookmark    announcement