Finance records appear to suggest some drop off in total supplier invoice payments over the past couple of months. This has resulted in actual total weekly payments consistently coming in at less than forecast in recent months.<\/p>\n
Although the outturn may be partially due to the restriction on spend late last year, we are concerned that the recent centralisation of most Finance support services to the new Finance Shared Services team could also be inadvertently resulting in some supplier invoices not being actively attended to at the Divisional\/Departmental level. Hence we hereby request your support to help flush out any such invoices currently held in your areas of responsibility so that they can be processed for payment as soon as possible.<\/p>\n
If you have invoices required action these should be forwarded to relevant Finance teams for processing. In the case of academic Divisions, IS and CSE this will be the FSS team.<\/span><\/strong><\/em><\/p>\n As announced in the February Finance Newsletter, implementation work on the new automated invoice capture\/processing system is currently underway and is expected to go-live sometime in mid-May. \u00a0A clear-out of invoices awaiting payment processing would help facilitate a smoother transition to the new system.<\/p>\n","protected":false},"excerpt":{"rendered":"