Procurement
Overview
Procurement involves all processes
used to request, order, audit, and pay for goods and services. There
are several different methods to secure goods and services. Some methods
begin and are completed in the Procurement module. Other methods begin outside the M-Pathways system
but are completed in the Procurement module, such as P-Card transactions,
reimbursements to staff (including travel expenses), and Service Unit
billings.
Procurement expenses for all goods
and services purchased and paid for by U-M departments, schools, and
colleges are recognized in the General Ledger.
Within ITS, the Procurement module is supported by the
Financial Systems
Division.
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