VCU Procurement Services

We’ve got some thrilling news that’s going to make your day! Candex is about to launch, and it’s set to revolutionize the way you handle certain payments in RealSource. Imagine getting funds to your payees quickly and easily, without the hassle of onboarding them. Sounds amazing, right? Well, it’s about to become your new reality! […]

Hey VCU community! We’re always looking for ways to make procurement easier and faster for everyone. That’s why we’ve introduced Open Enrollment Request for Proposals (RFPs). What’s an Open Enrollment RFP? It’s a streamlined process that offers: Recent Open Enrollment RFPs We’ve rolled out RFPs in key areas like: Why It Matters For departments, it […]

Hey travel enthusiasts! The airline and travel industry is evolving at lightning speed, and we’re here to keep you in the loop! 🚀 We’re excited to announce that we’re updating our Travel Guidelines and Procedures to reflect the latest industry changes. Our webpages and Chrome River information will be updated soon to incorporate these changes. […]

The Virginia Department of Taxation originally established the Set-Off Debt Collection Program in 1983. At that time, the program collected outstanding tax debts to individuals and businesses.  By 1990, the state program expanded to add the Comptroller’s Vendor Debt Set Off (CDS) Program. Under the CDS, vendor payments are targeted to offset debts owed by […]

Did you know that vendors can submit invoices directly to RealSource? By initiating a purchase order (PO) first, vendors are provided with clear instructions on how to submit their invoices directly to RealSource for payment. This means your only responsibility is to receive the goods or services. When vendors send their invoices on their own, […]

Approving purchase orders (POs) promptly is crucial when dealing with Amazon’s pricing dynamics due to the frequent price fluctuations on the platform. Amazon adjusts prices based on demand, competition, and other factors, which means the cost of items can change multiple times a day. If a PO is not approved quickly, the price of the […]

Question: Can I pay in advance or make a deposit? Answer: Virginia agencies generally can’t pay in advance, but VCU has some flexibility. Although we usually advise against it, advance payments are possible under certain conditions. Advance Payment Requirements for a P-card:

The recent strike by US dockworkers has caused major disruptions in ocean shipping, affecting almost half of the country’s maritime trade. This incident highlights the importance of timely operations in finance, as delays can result in significant economic setbacks. To reduce such risks, starting procurement processes early is crucial. Our committed team is here to […]

Here are some quick tips regarding Change Orders in RealSource! Questions or comments? Email: [email protected]

Saddle Up for the “RealSource Rodeo: The Search Feature Showdown!” When: October 9, 2024, 12PM-1PM Where: Virtual/Zoom (RSVP for link) Prepare for an exciting journey that explores how to effectively navigate the powerful search feature in RealSource. This presentation will be facilitated by Patricia Shazer, Assistant Director of Business Solutions for Procurement Services. Dive into this session and […]