As part of the Transformation work related to our planning and budgeting system, the team has completed and is now rolling out a new self-service process. All budget managers at both VTSU and CCV will use this new interface to track and manage their budgets throughout the new fiscal year.
Coming soon, both institutions will also have a new payment request and accounts payable process, including new forms and approval routing. The team working on this change is currently testing the new solution and making some final tweaks. Watch for information and training which will be available in the coming weeks to those who request and process payments.
Over the last several months the Finance Operations group has worked with Financial Aid and the Registrar at VTSU to assist with the completion of all account closeout requirements and other steps needed to merge the legacy institutions into Vermont State University with the US Department of Education. We are pleased to report that this work has been completed, and last week they finalized a new Program Participation Agreement which authorizes the disbursement of aid to students at VTSU. Congratulations to VTSU for achieving this critical milestone!
As we move ahead into the next phase of transformation, the administrative operations team is continuing to prioritize, scope, and plan for projects that will be kicking off this fall. In particular, the HR Shared Services group is working with the HR Council and institution leadership to prioritize a set of processes that will be addressed as part of optimization.
Finally, the Alumni and Institutional Advancement team at VTSU is happy to report that work has now commenced on mapping and merging the alumni databases from the three legacy institutions. This work will take some time, but ultimately it will be critical for ensuring that VTSU is able to maintain strong connections with the alumni of each of the legacy institutions.