M-Reports Offers Sponsored Research Financials

10/13/08

M-Reports now provides sponsored research financial reports online, giving faculty a complete view of a sponsored project’s financial status and includes a BI component that gives a projected balance.

This tool is a significant step towards fulfilling the University’s goal of providing faculty with ready access to timely information about the budget/fiscal status of research projects.

Volunteer faculty researchers piloted the online reports and found the financial detail and system features beneficial and very easy to use. The reports include budget, expenditures and projections for future project commitments (e.g., salary, benefits, financial aid).

"At-a-glance" reports quickly enable a user to:

• Identify high-level balances for a project/grant(s)


• Compare expected budget and expenditures to actual activity


• Minimize risks in over/under-spending a project/grant

To learn more about M-Reports, view a demo and visit the U-M Business Intelligence Web site. M-Reports will expand in the future to include non-sponsored project/grant reporting, "what-if" modeling and links to other areas of University business (e.g., Faculty Business).