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  • New Inquiry Tool: Pending Transactions

    Based on feedback from our campus users and the number of support requests submitted to the Financial Support Center, FMS is introducing a new Oracle Financials Inquiry Tool to improve system efficiency and awareness of transactions requiring pending action by yourself or others. The new Pending...
    Announcement
  • Preventing Fraud on Stanford-Issued Credit Cards

    Did you know that payment card fraud losses worldwide are projected to reach about $33 billion in 2020, and COVID-19 may make this figure rise even more? With the holidays quickly approaching as well, fraudsters are more prevalent during this vulnerable and busy time of the year. To help safeguard...
    Announcement
  • Merchant Services Archived Newsletters

    The Merchant Services newsletter covers everything merchants need to know to stay up to date on payment and credit card acceptance at Stanford. Subscribe here to Merchant Services. Newsletter Sent Date Fall 2021 MS Program Transformation Status Clover Flex Update Stripe Processing Fee PCI Compliance...
    Announcement
  • Updated System Messaging: Creating and Clearing Advance Requests

    Updated Advance Request System Messaging

    To improve the process for creating and clearing Advance Requests and reduce clearing errors, the Payment Services team has made several changes to system messages in the Expense Request System. Advances are most commonly used to pay in advance for Stanford-sponsored travel (although the Travel Card...
    Announcement
  • Interim I-9 Process

    The Department of Homeland Security (DHS) announced interim Form I-9 procedures to defer the physical presence requirement as an accommodation to employers complying with state shelter-in-place requirements. Learn more about the provision and temporary policies.
    Announcement
  • Tracking the Financial Impact of COVID-19

    This bulletin outlines the guidance on tracking financial impact directly related to COVID-19. For other topics related to COVID impacts, such as Payroll, Travel and Banking, please visit FMS Updates Related to COVID-19. Tracking and Reporting Financial Impact in Oracle and OBI Financial impact from...
    Announcement
  • Federal Payroll Tax Deferment Program

    Stanford has decided to forgo implementation of the federal government’s optional payroll tax deferment program. An executive memorandum issued in August allowed employers to postpone withholding of Social Security taxes from Sept. 1-Dec. 31, 2020 for employees whose pretax income is less than $104...
    Announcement
  • University-Sponsored Travel Policy Update

    The university released a new policy in June 2020 which requires applicable travel to be booked through the Stanford Travel program. Read more about how FMS is leading an initiative to support the implementation of the new policy.
    Announcement
  • Follow the #Stanford-FMS-news Slack channel

    FMS is excited to offer a quick and easy way to stay up-to-date with all of the news, updates and reminders that you need to get your job done. It's as easy as clicking a button and joining the channel in Slack. Simply search for or click #Stanford-FMS-news here to be prompted to join the channel...
    Announcement