finance

March 20, 2014
Sullivan named new U-M treasurer

John Sullivan has been appointed as the university’s new treasurer. His appointment, effective April 1, was approved Thursday by the Board of Regents.
March 12, 2014
Strategic Sourcing program exceeds projections, saves $16M

The initial wave of U-M’s Strategic Sourcing effort saved the university more than $16 million in fiscal year 2013 on six categories of purchased goods and services.
October 31, 2013
Shared Services Center for finance, HR scheduled to open in April

Combining resources to achieve lower costs and enhance service is the aim of the new U-M Shared Services Center, set to open in April and expected to bring savings of $5 million to $6 million in the first few years.
October 31, 2013
Campus finance and HR processes to move to Shared Services Center

Finance • Accounting • Accounts payable • Billing and accounts receivable • Travel and expense reimbursement Human Resources • Benefits and retirement savings administration • Data management and reporting • Time and leave administration • Onboarding, immigration/relocation and exit
October 19, 2013
Annual financial report finds U-M in excellent fiscal health

The University of Michigan continues to be in excellent financial health according to the 2013 Financial Report, approved Friday by the Board of Regents.