Year-End Close: 2024 Reminders and Deadlines
2024-07-22
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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; it includes five distinct closing stages of activities as shown below. This news page...
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Change Roadmap: Upcoming Projects and Enhancements
2024-06-06
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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.
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Digital Payments Reimbursement Limit Increasing to $5,000 on May 6
2024-04-12
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The Digital Payments payment method is used to reimburse Stanford visitors for domestic travel expenses quickly and efficiently using either Zelle, a secure nationwide digital payment network, or Automated Clearing House (ACH) bank transfers. The reimbursement limit for Digital Payments is currently...
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Continuous Improvements to Fingate
2024-02-22
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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.
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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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Suspense Account Query Tool Project
2023-06-08
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Financial Management Services (FMS) and University IT (UIT) have partnered to create a new self-service inquiry tool in Oracle Financials that allows users to look up an organization’s suspense account PTAs. If they are a budget officer, they can also create and send a request to change the suspense...
On July 1, Stanford employees will have access to a new self-service inquiry tool that allows all Oracle Financials users to look up their organization’s suspense account PTAs and allows budget officers to request updates to them.
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Turning Feedback Into Action
2023-02-01
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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.
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Labor Schedules Notifications Enhancement Project
2023-01-06
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Stanford Financial Management Services has partnered with University IT to update Labor Schedules (LS) email notification functionality and distribution to improve user experience and reduce administrative burden for LS system users, which comprise labor schedulers, labor distribution adjusters, and...
The Labor Schedules (LS) system's email notification functionality and distribution will be enhanced to improve user experience and reduce administrative burden.
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Labor Distribution Adjustments Enhancement Project
2022-02-14
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The Labor Distribution Adjustments (LDA) Enhancement project launched a completely updated user interface in February 2022.
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FMS Client Satisfaction Survey
2021-09-22
The Client Satisfaction Survey is an ongoing conversation with the Stanford community to learn about their experiences with the financial tools, systems and services that FMS provides and uses that feedback to inform strategic initiatives and continuous improvements.
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