Year-in-Review: Resources Supporting Financial Stewardship
2023-05-02
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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...
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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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Enhancements to Support the Supplier Setup Process
2023-01-30
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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...
Enhancements to Support the Supplier Setup Process
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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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announcement
New California Law Regarding Pay Transparency
2022-12-19
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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...
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Excellence in Financial Stewardship | Issue 6open_in_new
2022-11-01
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This newsletter focuses on working with suppliers in the "new normal," and includes best practices when selecting, onboarding and managing the relationship.
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New Resources to Support Financial Approvers
2022-04-29
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A new package of refreshed resources is available to approvers, who play a key role in the university's financial ecosystem.
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announcement
SmartMart Contracts - A New Way to Manage Procurement Contracts
2022-03-15
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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).
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Improvements to PCard and TCard Application and Maintenance Launched February 14
2022-02-14
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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...
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announcement
Labor Distribution Adjustments Enhancement Project
2022-02-14
The Labor Distribution Adjustments (LDA) Enhancement project launched a completely updated user interface in February 2022.
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