Shred-It, the University’s paper shredding service provider, will continue to pick up confidential shredding during the COVID-19 by appointment only. Shred-It normally has regularly scheduled pickup days with departments using their services.
Business Matters
Effective March 16, 2020, direct deposit is now required for all NEW suppliers. This change has been implemented to ensure business continuity for payments to our vendors especially during the COVID-19 pandemic.
The University will be changing purchasing card providers. Bank of America will be the new provider and we plan to distribute new cards to cardholders in mid-October.
More details related to training materials and card distribution will be forthcoming in future newsletters and at the Business Forum in August.
Over the past several months there has been a tremendous amount of work to identify the various personal protective equipment (PPE) and supplies that the university will need to have available as we start to welcome everyone back to our campuses and mitigate the risk of COVID-19.
As you are working to complete your year-end closing tasks, please be aware of the following:
A prepaid is an amount paid by the University for a future expense that has been paid in advance. In other words, prepaid expenses are costs that have been paid in one fiscal year (ex., FY21) but the goods or services will not be received until the following fiscal year (ex., FY22).&n
Changes were implemented Thursday evening, May 21, 2020 to the OBI Finance dashboard for the General Ledger Transaction Export process.
The proposal to eliminate function 42-Deans and Provost was discussed at the RC-Strategy Group & the Accounting & Reporting Partner Group.
The upcoming June Business Forum (June 2 from 2 p.m.-4 p.m.) has been cancelled. The next Business Forum meeting will be on August 18, 2020 from 10 a.m.
Effective April 8, 2020, Thermo Fisher Scientific (formerly Life Technologies) will be available in BobcatBUY as an additional preferred supplier of scientific supplies and equipment. The punch-out catalog in BobcatBUY will offer a variety of supplies plus search capabilities and shopping features.