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  • Updated Sole/Single Source Justification (SSJ) Form

    As part of ongoing efforts to support a competitive supplier selection process, Stanford Financial Management Services (FMS) has updated the Sole/Single Source Justification (SSJ) form. University policy requires that the purchase of products or services be by competition between suppliers to the...
    Announcement
  • Bank Closure/Takeover Impacts and Resources

    This article provides a summary of guidance for suppliers and employees who are impacted by recent bank closures, for example Silicon Valley Bank.
    Announcement
  • Year-in-Review: Resources Supporting Financial Stewardship

    Over the past year, Stanford Financial Management Services (FMS) focused on providing the financial community with the tools and knowledge needed to support financial stewardship of all our university resources. The efforts also built a common understanding of the key requirements around all our...
    Announcement
  • How the Stanford Travel Team Supports Travelers

    With many travel activities resuming in full force in 2023, the Stanford Travel team is looking forward to a new year full of possibilities! A small, but mighty crew with over 75 years of combined travel industry experience, this team focuses on providing high-quality support for Stanford travelers...
    Announcement
  • Turning Feedback Into Action

    FMS uses the Client Satisfaction Survey to gather feedback from faculty and staff that fuels action plans for continuous improvements. This article covers the latest on those projects.
    Announcement
  • Enhancements to Support the Supplier Setup Process

    Enhancements to Support the Supplier Setup Process

    Based on feedback received from the 2021 Client Satisfaction Survey, FMS is making a number of improvements to the systems, resources and guidance related to supplier setup. Technology Enhancement: Increased Visibility to Setup Process A top theme in the survey was a desire for increased...
    Announcement
  • New California Law Regarding Pay Transparency

    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...
    Announcement
  • Protect Your Purchasing Card and Travel Card from Fraud over Winter Close

    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...
    Announcement
  • Continuous Improvements to Fingate

    FMS is continuously working to improve the Fingate user experience. Planned and completed changes range from search improvements, navigation updates and content revisions. Learn more about recent and upcoming changes on this news page.
    Announcement
  • Managing and Monitoring PCards and TCards: Clarified Guidance and New Tools

    With business back and a busy fall upon the university, FMS refreshed resources to support managing and monitoring access to the PCard and TCard. While these cards are convenient purchasing methods for departments, it is vital to monitor their use to mitigate risk to the university and support good...
    Announcement