Representatives from the President's Office will be visiting each campus to provide an update on the Shared Services project.
During the September 4, 2019 A&F Committee meeting, the Senior Vice President of Administration and Finance announced the results of our successful search for a new Chief Procurement Officer.
In August, the Unified Procurement Services Team (UPST) Transition Team held a series of Design Validation Workshops to engage campus stakeholders in a discussion about the future of procurement and accounts payable. Three workshops were held:
Questions and feedback will be organized and folded into future design discussions.
At a time of financial challenge for public higher education, we must continuously push ourselves to find more efficient ways of doing business. In that spirit, President Meehan last year called for the development and implementation of a shared services model of delivering administration and finance services to the campuses.
The resulting plan, developed by a team of subject matter experts that included representatives from each campus, delineates the application of shared services to accounts payable and procurement, at an estimated annual savings of $16 million, and lays the foundation for the exploration of future efficiencies.
The final plan was delivered to the President on January 31 and the Board of Trustees’ Administration & Finance Committee on March 27. Implementation will begin in May and the new system will be operational by January 2020 and fully operational by June 2020.
We are grateful for the support, guidance and assistance of the leadership and administration and finance functions of each campus. The full plan can be found here.
If you have any questions or comments about the Shared Services project, please contact:
Assistant Vice President of Innovation and Operational Services
UMass President's Office