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The COVID-19 pandemic accelerated the adoption of virtual and contactless ways of working, but unfortunately payment fraud perpetrated by external parties, including credit card theft, has also increased and became more sophisticated during the pandemic. From 2020 to 2021, consumer fraud increased...

Starting April 8, 2022, Stanford will align its international lodging reimbursement maximums for actual expenses to the federal per diem rates, meaning that the same maximum applies for international lodging whether the traveler uses the per diem or actual expenses reimbursement method. In some...

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

The Contracts Process will now begin in SmartMart Contracts, rather than iProcurement Non-Catalog, for all procurement transactions that require Stanford signature (including zero dollar agreements).

On February 14, Financial Management Services improved how Purchasing Cards (PCards) and Travel Cards (TCards) are requested and managed. These changes make the application process more efficient and user-friendly. The changes also provide more guidance on managing spending limits, which strengthens...