New in RealSource: Account Code Review Step
Greetings RealSource users! We’re making a small update in RealSource to help improve the accuracy of account code selections and keep the approval process running smoothly. What’s changing?Requisitions that use certain account codes will now go through a quick review by the Controller’s Office. This helps catch any miscoded items early and ensures everything is […]
Enhancing Supplier Payments: VCU Launches Virtual Card/Paymode (ACH) Campaign
Virginia Commonwealth University (VCU) is excited to announce the launch of a new supplier payment optimization campaign in partnership with Bank of America and Bottomline. Through this initiative, VCU suppliers will be invited to enroll in either: Both options offer faster payment times, enhanced remittance visibility, and improved security. Why Are We Doing This? VCU […]
Tune-In Tuesdays: Procurement Virtual Office Hour
Join us every Tuesday from 1PM-2PM via Zoom for our Procurement Virtual Office Hour. Get expert advice, tackle procurement challenges, and connect with fellow professionals in the field. This is your chance to ask questions to our specialists directly! Why Join Our Virtual Office Hour? What to Expect Problem-Solving: Bring your procurement challenges, and we’ll […]
Travel Update: Real ID Deadline Approaching!
Starting May 7, 2025, you’ll need a Real ID-compliant driver’s license or ID card to board domestic flights and access certain federal facilities. What is a Real ID? A Real ID is a state-issued driver’s license or ID card that meets federal security standards, marked with a star in the upper right-hand corner. Why You […]
Declining Balance Orders: Best Practices for Smooth Procurement
Declining Balance Orders (DBOs) are a useful tool for managing recurring or variable purchases at VCU, but they come with specific rules to keep things compliant and efficient. With year-end reconciliation on the horizon, it’s the perfect time to revisit how to use DBOs correctly. Whether you’re ordering utilities, services, or project-based goods, these best […]
2025 Fiscal Year End Calendar
Greetings! As we approach the end of the fiscal year, let’s ensure a smooth wrap-up for 2025. Please take note of the key dates and tasks in the procurement closing schedule. 2025 Year End Activities Calendar
Shipping Signals: What You Need to Know About Home Delivery
We’re making an important update to our shipping policies. The option to use a one-time ship-to-home address will be discontinued. Why the Change? This adjustment allows us to streamline our procurement processes and ensure better tracking and accountability for all shipments. What Are Your Alternatives? If you need to ship items to an employee’s home […]
