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Stanford University’s financial account structure identifies each organization by a four-character alphabetical organization (org) code. The Organization Code Hierarchy Tool enables effective governance of this structure by defining parent-child organizational relationships and group information... Stanford UBO and FMS are building a new, robust organizational hierarchy management system to more effectively and efficiently support a broader set of the university's needs, launching July 1, 2023.

Updated the Business Associate Addendum (BAA)

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.

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

When requesting to just change the PTA on an approved Purchase Order, the maximum amount is now $1,000 for the total PO.

Changes to How To Search for a Master Service Agreement regarding signing a new contract leveraging a Master Service Agreement.

New Type of Contract added, Statement of Work (SOW) for use with an active Master Service Agreement.

Updated the Common Contract Types section with a definition of the new Statement of Work (SOW) contract type

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

The PTA Maintenance Enhancement is a Financial Systems Governance (FSG) strategic project initiated with University IT (UIT) in early 2022 to improve the PTA Maintenance system’s* controls, data quality, and accuracy by solving for current issues with two enhancements. The enhancements went live on... The PTA Maintenance Enhancement is a Financial Systems Governance (FSG) strategic project initiated with University IT (UIT) in early 2022 to improve the PTA Maintenance system’s controls, data quality, and accuracy by by implementing two new slu