We are informing you about an important update to the routing of Requisitions for Goods and Services in Workday.
What’s Changing?
Following new guidance from UMCP’s Office of the President, division Vice Presidents (VPs) and Chief Financial Officers (CFOs) are now included in the approval routing for certain requisitions in Workday to support improved financial sustainability.
New Approval Thresholds, for UMCP only:
- Division Vice Presidents must approve spend over $100,000
- Division CFOs must approve spend over $250,000
Workday Business Processes Affected:
- Requisitions
- Change Orders
- Supplier Contract Amendments
For additional business process guidance, refer to the respective updated Workday Workflows.
Workday Tip
To view the approval routing and identify who’s up next in the process, open your requisition in Workday and navigate to the Process History section.
Resources
Please reference the Procurement office for Important Updates regarding this change: https://purchase.umd.edu/financial-sustainability.
For more information on policy change, please see the Message from the President's Office on Financial Sustainability.