We have set aside a pool of funds to assist faculty who have suffered monetary losses attributable to issues associated with the implementation of new financial systems in July 2020.
A committee composed of faculty engaged in research and administrative staff was formed to develop the criteria and review process for awarding funds to applicants. The committee has agreed on the following criteria, with a minimum impacted amount of $500, which are also noted in the application form:
- Reimbursements unavailable or denied
- Invoices rejected
- Funding required to be returned
- Other (select this category for a unique situation that is not covered above but still may qualify for reimbursement)
The application period will open on November 1, 2022, and close on January 17, 2023. A subgroup of the committee will preview applications on a rolling basis in order to assure completeness and clarity. The committee will review shortly after the close of the application period. Final funding will be determined after all applications are received.
Should there be funding issues past the deadlines, faculty should bring up issues to their department administration as they did with the prior financial system. Chairs and Deans will escalate to the Academic VCs and the CFO, as needed.
Please work with your fund manager to prepare your submission. Central offices are also available to assist in determining financial status of awards. If you have concerns about accuracy of data or meeting sponsor deadlines, please contact the following:
For information on financial system optimization efforts, updates are posted weekly on the Improvements In Progress webpage, which includes resolutions and timelines for resolving the remaining finance system-related issues, as well as survey results from the campus community feedback.