VCU Procurement Services

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 […]

We’ve heard you—and we’ve made a change. Historically, Amazon’s e-catalog in RealSource has not allowed departments to create non-catalog orders, making it difficult to pay valid invoices when a PO is closed or otherwise unavailable. That’s now changed. 💡 VCU departments can now create a non-catalog order to pay a valid Amazon invoice—but only in […]

Blackhawk recently purchased Rybbon and is in the process of merging the two organizations. You may see a note on Rybbon’s site that says, “We are now Blackhawk.” While that’s correct from a branding standpoint, only the Rybbon profile is currently active in RealSource at this time. 🎯 What to Do Now: 📌 Need Guidance?Visit Buy Gift Cards – VCU Procurement for step-by-step […]

Heads up! Avantor/VWR has updated their company branding, and you’ll now see their new logo on their RealSource punchout tile. 🆕 What Changed: ✅ What’s the Same: We’re always working to keep your supplier connections up to date. If you have questions, contact the RealSource team at [email protected].

Procurement Services has received multiple reports from departments experiencing serious issues with one of the bottled water delivery vendors currently in use across campus. These issues include: One department shared that they haven’t received water since June, while another reported unreturned calls and broken equipment that has gone unserviced for months. 🔍 What’s the situation? […]

Summer schedules might be a little different, but Procurement’s Virtual Office Hours are still happening every Tuesday afternoon — and we’re always glad to connect with you! Whether you’ve got a quick question, need help navigating a process, or just want to check in, our team is live, ready, and happy to help! It’s an […]

To celebrate another successful fiscal year, the VCU Division of Finance is hosting an Ice Cream Social today — Thursday, July 24, from 1–3 p.m. at Rodney’s (Shafer Court Dining Center, first floor). If you RSVP’d, we hope to see you there for some sweet treats and a chance to unwind with colleagues. It’s a […]

As of July 1, 2025, VCU’s capitalization threshold for equipment purchases has officially increased from $5,000 to $10,000 per item. What This Means: Quick Coding Reminders: 🧾 Need more detail?Full guidance — including HEETF rules, software, training, and split coding — is available from the Controller’s Office. 👉 View the full guidance and policy here […]

Recently, we’ve seen a noticeable uptick in tariffs being added to vendor invoices. As global trade policies continue to evolve, these additional charges are becoming more frequent and are now impacting our purchasing costs across several departments. To help manage this change, the Accounts Payable (AP) team has implemented a new communication process: If a […]

As part of recent updates to our fixed asset accounting practices, the Controller’s Office has deactivated about 17 account codes. These codes have already been removed from RealSource and will only remain temporarily active in Banner until July 31st to allow time for processing any remaining payments. 🗓️ Key Deadline: July 31 All payments tied […]