Agenda

Modernizing the I.O.U.: Internal Billing in the Cloud

Track: Finance

Session Number: 10895
Date: Wed, Mar 6th, 2024
Time: 10:00 AM - 11:00 AM

Description:

One of the most important administrative functions within the Higher Education ecosystem is Internal Billing. Synonymously, Internal Billing can also be referred to as "Recharges", which implies certain breakeven criteria be met. Broadly, these terms refer to one University Department/Organization (a "Provider Unit") charging another for goods or services (a "Receiver Unit"). This might be IT Services, charging a Dept for phone service as a function of a standard rate x Dept headcount + a service charge. It might also be a research area loaning out a special microscope or piece of equipment for use on a Sponsored Project.
Huron has helped many university clients adapt their Internal Billing business processes to the Cloud. Please join Huron, along with team members from the University of Chicago, to learn about how we've leveraged the "$0 AP Invoice" process to tackle this university-specific need in a research-heavy environment.
Sub-Categorization: FIN Cloud
Session Type: Presentation

Focus Area: Effective Financial Management
Session Length: Regular Length (60 min)
Cross Listed Areas: trk-1735, trk-1736
ERP Systems: Oracle
Knowledge Level: Intermediate
Field of Study: Select a Value
CPE: No
Sub-Categorization: FIN Cloud
Session Type: Presentation

Focus Area: Effective Financial Management
Session Length: Regular Length (60 min)
Cross Listed Areas: trk-1735, trk-1736
ERP Systems: Oracle
Knowledge Level: Intermediate
Field of Study: Select a Value
CPE: No