New Vendor Portal is Live

The University’s new vendor portal is now available to all departments who need to create a new vendor or make changes to an existing vendor. With this new portal, vendors are now responsible for supplying and maintaining their own information. To initiate the process, the department will need to send them an invite through this … Continued

Accounts Payable

Changes to the Vendor Creation Process

Universities and businesses are falling victim to scammers at an alarming rate.  One of the most popular scams is the “Vendor Bank Account Update” scam. To aid in that process and further protect ourselves and our vendors, we have partnered with a company called PaymentWorks.  PaymentWorks will “Mitigate fraud and ensure compliance by automating the … Continued

Accounts Payable

UT Office of Finance to Start Accepting Electronic Invoices

On Aug. 12 2019, we will start accepting electronic invoices from Grainger, Dell, Staples, Fisher Scientific, Staples, and VWR for orders placed in UT Market Place. This will provide paperless transactions with these vendors, improve controls and significantly reduce departmental efforts in processing payments to these vendors. We will continue to onboard additional UT Market … Continued