Business Update

The university is required to report certain transactions to the Internal Revenue Service and the Financial Crimes Enforcement Network, where it receives more than $10,000 in cash from a single payer. This rule applies to a single $10,000 transaction as well as two or more related transactions...

Why did Yale discontinue the Bank of America prepaid card program? Bank of America notified Yale that they are exiting the card business.

What do I do with my Bank of...

The following draft documents, which have completed the committee stages of their formal review, are now available for community review and comment and are posted on the Policies & Procedures Drafts page....

Please take note of the following upcoming journal entry deadlines. All dates relate to the June period unless otherwise stated.

Wire payments

Going forward, when entering Supplier Invoice Requests with a payment method of Wire or FXWire, do not include any type of symbol, punctuation mark, or special character other than letters or numbers, in the header business purpose memo field. If...

The following policy document, which previously completed its full review and approval process, is now published and effective. Please discuss the document with the appropriate people in your department and send any questions to...

Please take note of the following upcoming journal entry deadlines. All dates relate to the June period unless otherwise stated.

As technology changes, so do the ways cybercriminals stage their attacks. Be aware of the new ways cybercriminals use social engineering to trick you into providing access to your account.

Yale is seeing an uptick in attempted social engineering phishing attacks. These attacks consist...

To all faculty and staff that have a prepaid Bank of America card and those that use Bank of America gift cards:

Effective July 1, 2023, all physical gift cards will be issued through U.S. Bank. There is no change to the Spend Authorization process and no transition period. Staff will...

The following policy documents, which previously completed their full review and approval process, are now published and effective. Please discuss the documents with the appropriate people in your department and send any questions to...

The following draft document, which has completed the committee stages of its formal review, is now available for community review and comment and is posted on the Policies & Procedures Drafts page . ...

The Recruiting Strategic Initiative (RSI) continues progressing toward our North Star, which makes hiring talented and diverse candidates faster. I am excited to announce that a new hiring manager toolkit will be released this summer to the university and will include the Diversity,...