Post-Stabilization System Enhancements
The Impact23 financial system replacement program has come to a close, and the focus now remains on continuous improvement to enhance the user experience in the new systems. The goal is to ensure that financial systems and reports continue to evolve in alignment with the campus community's needs.
Supplier Registration Process
The supplier registration process is being streamlined for key categories such as Purchase Orders (POs), honoraria, and non-reimbursement suppliers. These changes simplify onboarding and help minimize delays in procurement and payments.
Stabilization of Boundary Systems
Improvements are underway for systems like Non-Payroll Cost Transfer, Web Recharge, and Payroll Certifications. Updates include increased transaction visibility, faster approvals via email links, and mobile-friendly interfaces for easier access.
Concur Travel and Expense Efficiencies
The Concur Travel and Expense system is being optimized through the evaluation of Pre-Trip Requests and a transition from monthly to weekly PCard statements. These changes support quicker transaction processing and timely posting to the Oracle General Ledger.
Budget Enhancements
New tools, including a "BEA" (Budget Expense Adjustment)-style budget transfer process, offer more control and visibility over budget data. These enhancements support better financial management by enabling adjustments to specific Chart of Account (COA) segments.
Reporting Enhancements for PIs and Faculty
Reporting tools in Oracle and Looker are being improved to support both project-based and non-project-based financial reporting needs. Updates focus on providing faculty, particularly Principal Investigators (PIs), with easier-to-use and more informative financial reports.