Contractsopen_in_new
2023-12-08
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Added information about agreements not processed by Procurement Services
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update
Clearing of Organization Suspense Accounts (OSA)open_in_new
2023-12-01
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Updated with new OSA sweep fee of $35, effective FY24. Topic Overview: OSAs was similarly updated.
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update
Digital Payments Temporarily Inaccessible During Transition to New Platform
2023-11-30
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This winter, J.P. Morgan is replacing the payment platform it uses for Digital Payments, a payment method that allows Stanford to quickly reimburse visitors for certain domestic travel expenses using either Zelle, a secure nationwide digital payment network, or Automated Clearing House (ACH) bank...
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announcement
Purchasing and Payment Methodsopen_in_new
2023-11-30
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Note added regarding Digital Payments being inaccessible during transition to new platform.
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update
Quartzy now available through SmartMart Catalog Suppliers
2023-11-27
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Quartzy, a lab inventory management software and lab supplies provider, has offered Stanford users direct access to their services and supplies through their website for the past 10 years. The inventory management services were offered free of charge while the lab supplies could be purchased by...
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announcement
WalkMe: A New Interactive Learning Solution to Benefit Financial System Users
2023-11-22
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In response to a recent Financial Management Services (FMS) Learner Needs Analysis and iProcurement usability feedback from our 2021 Client Satisfaction Survey, FMS recognizes the need for “just in time” training for our user community. To that end, the FMS Financial Learning Solutions team is...
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announcement
Protect Your Purchasing Card and Travel Card from Fraud over Winter Close
2023-11-15
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Consumer fraud increased more than 30% in 2022, costing consumers nearly $8.8 billion, according to a recent report from the Federal Trade Commission, with online shopping one of the top causes of fraud. Fraudulent charges on Stanford-issued credit cards also typically peak during the winter...
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announcement
Purchasing and Contracts Updates and Hot Topics
2023-11-10
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The Procurement Services department within Financial Management Services is committed to purchasing practices and policies that are compliant, responsible and appropriately support the university's goals and mission. Accordingly, those who are making purchases on behalf of or doing business with the...
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announcement
Updated Card Suspension Process to Support Proper Use
2023-11-07
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An updated suspension process for individual (not departmental) Purchasing Cards (PCards) and Travel Cards (TCards) rolls out in Fiscal Year 2024. Designed to reduce risk to the university and encourage financial stewardship of these university-issued credit cards, the updated suspension process...
Updated article on October 9, 2023
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announcement
Create a Standard Non-Catalog Requisitionopen_in_new
2023-11-03
Updated supplier selection text for Streamlined requisition supplier selection
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update