As part of the overall Procure-to-Pay changes underway Accounts Payable has collaborated with Purchasing to align the requirements of the future UShop marketplace with current and future purchasing practices.
This will affect the processing of Payment Requests received by Accounts Payable for an amount greater than $5,000, which may be reviewed by Purchasing and possibly redirected to a Requisition where appropriate. Reviewing these PR’s in this way is important for two reasons:
- In the future UShop marketplace environment, these transactions will likely be routed through Purchasing.
- University Rule 3-100D states that “Requests for procurement of supplies and services between $5,000 and $50,000 must be submitted by organizational units to the Purchasing Department on a requisition. Purchases within these thresholds may require competition but may not require a formal process.”
Please contact Perry Hull, Manager of Accounts Payable, with questions about this specific change in the PR process, or ASK US if you have any questions.
