2015 - 1st Quarter

Welcome to InFocus!

Brian Burnett, Vice President for Finance and CFO

Brian Burnett, Vice President for Finance and CFO

The only constant in life……….change.

With the diverse missions of the University of Missouri System and its campuses and operations, there is no question our ability to serve is increasingly financially strained under increasing demands for service from more students, limited state appropriation growth, tuition increase limits, and a challenging environment for competitive research funding. These are the realities we face as we work to serve the state of Missouri and the students who come to our campuses to learn and grow their abilities to be productive citizens of the state and nation. Thus, as the university continues to look for ways to not just survive but thrive in an era of a challenging funding climate, we must continue to examine ways to improve our operations and services. For the UM System Office of Finance, we must find ways to improve our operations and effectiveness of our services to the campuses we serve.

We announced earlier this year one such effort to attain enhanced internal audit coverage for our growing enterprise. We are doing this by “insourcing” our internal audit function after more than a decade of outsourcing this function to PwC. PwC has been a reliable and trusted audit partner for the UM System since 1999. We are grateful for their work and expertise over the years in what, at times, can be a challenging function for any organization. However, after careful analysis and discussions with the President and Board of Curators, we made the decision to move to a System Office of Internal Audit, effective November 1, 2015. To build a new division from the “ground up”, it is imperative we move quickly and thoughtfully to hire a Chief Audit Executive that will lead and oversee this new division. The search for this position is underway and we hope to have this person selected by April or May. This new Chief Auditor will then work to assemble a team of qualified audit personnel to create this system division. This new function will not cost the system or campuses any additional funding beyond what we were already spending on internal audit but is expected to result in greatly enhanced audit coverage and processes consulting across the four campuses, health system, and UM system.

Life coach and self-help guru Tony Robbins has been quoted as saying, “Change is inevitable. Progress is optional”. I would encourage all members of our teams to continue, as so many of you have, to work on making positive progress in the face of inevitable change. Change comes in many forms in terms of work locations or space, daily or weekly assignments, reporting structures, the “dreaded” administrative system upgrades and changes, and so many others. I continue to appreciate what each of you do across the UM System and I encourage all of you to bring forth your positive energy, ideas, and dedication to the University of Missouri as we meet the challenges we face together.

W-2 Accessibility in myHR

University of Missouri employees who provided consent to receive their W-2 in electronic format by Dec. 31, 2014, received an email notification on January 13, 2015, that their 2014 W-2 is available to view and/or print in myHR, Employee Self-Service. Prior year W-2’s and W-2c’s, from tax year 2009 through present, are also available in […] Read more

Electronic EVR (eEVR)

The eEVR process is off and running. The initial run of eEVRs occurred on Nov. 11, 2014. The process produced 90 eEVRs for those individuals who have to certify their effort on a monthly basis. By the end of the day on Nov. 11, 41 eEVRs (46%) were approved. The Columbia Sponsored Programs Office was […] Read more

Something Used – Something New

Does your department have furniture and/or equipment that is no longer needed? Maybe you have a piece of artwork that no longer fits your décor? Are you looking for a specific item or found something at an online auction site? If so, give Surplus Property a call, for we can help. Per policy BPM-308, Surplus […] Read more

South Providence Clinic

The UM System Supply Chain assisted in moving Green Meadows to their new home at the South Providence Clinic. Through a series of work sessions and planning meetings Supply Chain and Plant Engineering collaborated their efforts with the leadership of Green Meadows Family Practice, Green Meadows Child Health, Green Meadows Psychiatry, Missouri Imagine, Woodrail and […] Read more

Enterprise Rental Contract

For several years the university has had a contractual relationship with Enterprise Holdings for rental cars. Our contract with Enterprise Holdings is for both the Enterprise and National Car rental brands. As we continue to grow this relationship I wanted to remind everyone of the many benefits of this agreement. • During calendar year 2014, […] Read more

Records Management Compliance Awards

Records Management kicked off the year with recognition to many of the UM departments that are following records guidelines according to the UM Records policies as it relates to retention, dispositions, storage, vital records and archiving of those records that have historical value to the university. How these records are managed is important to the […] Read more