VCU Procurement Services

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Category results for: Purchase Orders

Make a List and Check It Twice: Receipt Notifications

Processing your receipts promptly ensures that payments are made accordingly before the winter break. This helps avoid any delays or issues that could arise from unprocessed receipts during the holiday season. Check Notifications: Log in to RealSource and review your receipt notifications. Process Promptly: Handle all receipts as soon as you receive them. Stay Organized: […]

Friendly Reminder: Winter Closing Schedule

Greetings! As we embrace the winter season, let’s ensure a smooth wrap-up for 2024. Please take note of the key dates and tasks in the procurement closing schedule. For all the details, visit the Winter Wrap-Up 2024 Procurement Closing Schedule.

Commodity Codes: Your Key to Smarter Procurement

What Are Commodity Codes and Why Are They Important? Commodity codes are numerical codes used to classify products and services. They help organize and identify items in procurement. Why They Matter: Using commodity codes makes procurement of goods and services more efficient and helps everyone money and stay compliant.

The More You Know: Amazon Pricing Dynamics

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 […]