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Finance Division

 
Read more at: Sustainable Procurement key to University's journey to a zero-carbon

Sustainable Procurement key to University's journey to a zero-carbon

7 April 2021

The Finance Transformation Programme’s Strategic Procurement and Purchasing (SPP) project aims to support sustainably-informed purchasing choices, whilst maximising the potential of sustainable procurement to help secure a zero-carbon future. The full article can be found here.


Read more at: The Strategic Procurement and Purchasing project – what does it mean for me?

The Strategic Procurement and Purchasing project – what does it mean for me?

31 March 2021

Following an in-depth review of the University’s approach to procurement and purchasing, which analysed 25 departments demonstrating a breadth of subjects and spend, the Strategic Procurement and Purchasing (SPP) project has now launched. The SPP is a major component of the University’s Finance Transformation Programme – a...


Read more at: Providing access to transparent financial information

Providing access to transparent financial information

10 December 2020

The Enhanced Financial Transparency project (EFT), one of the Finance Transformation Programme’s (FTP) key projects, held two workshops with 38 staff members recently in order to capture key challenges faced by the University in financial planning. EFT aims to provide access to more transparent financial information to...


Read more at: Plans to transform procurement and purchasing University-wide are mobilising

Plans to transform procurement and purchasing University-wide are mobilising

1 December 2020

The Strategic Procurement and Purchasing (SPP) project – which will enable the University to better buy its goods works and services, with improved frameworks and more user-friendly systems and processes – is currently planning its implementation phase after recently securing funding from the Planning and Resources...


Read more at: Imports - what do Departments need to do to prepare?

Imports - what do Departments need to do to prepare?

18 November 2020

From 1 January 2021, the way that we pay import VAT is changing. When the EU/UK transition period ends on 31 December 2020, imports from countries in the EU will be subject to the same customs controls and VAT rules as imports from the rest of the world. The University will be using its VAT return to account for import VAT...


Read more at: Introducing Strategic Procurement and Purchasing and its workstreams

Introducing Strategic Procurement and Purchasing and its workstreams

9 October 2020

Throughout the summer and as we move into the autumn, the future of the University's approach to procurement and purchasing has evolved. Despite the onset of the pandemic, which saw Procurement Services providing significant support to the University-wide provision of PPE and quickly equipping crucial COVID-19 research...


Read more at: Do you have a question about the Expense Management project?

Do you have a question about the Expense Management project?

28 August 2020

The Finance Transformation Programme’s (FTP) Expense Management project, which is developing a more up to date, digital and user-friendly method for claiming expenses, is progressing well and the team is on-track to launch its pilot phase with nine departments at the start of October. The development of a new expense...


Read more at: New Procurement Services website launched

New Procurement Services website launched

24 July 2020

A major step towards creating a simpler, more user-friendly approach to how the University procures, purchases and pays f or its goods, works and services was made this week (July 24 ) with the launch of V ersion 1 of the new Procurement Services websit e. The launch of V ersion 1 is an ongoing project for 2020 and beyond...


Read more at: Key finance system upgrade approved

Key finance system upgrade approved

15 July 2020

A significant milestone has been reached in the University's financial systems landscape as the Planning and Resources Committee (PRC) recently approved the CUFS (Cambridge University Finance System) software upgrade from Oracle 12.1.3 to the latest version R12.2. This important work involved considerable effort and...


Read more at: Finance Weekly Bulletin 819

Finance Weekly Bulletin 819

7 July 2020

The latest round up of news from the Finance Division is available from the UFS website but below is a summary of items that were included in the 7th July edition. Year End Year end tasks to be completed this week New Users programme for year end Payroll - P11d 2019/20 Class 1A National Insurance Contributions costs...


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