Get Connected: Finance

Because of the complex nature of the university’s work in a wide range of areas, there are many compliance requirements that intersect with individual activities and roles in different ways. Each topic section listed below gives a brief overview of the U-M compliance resources available in that area and contact information for experts who can help you.

Finance

The Finance Division partners with the U-M community to provide stewardship, protect assets and ensure that state, federal and other regulations are followed in financial-related matters. Areas within the Finance Division that support these compliance-related efforts include Financial Analysis, Financial Operations, Internal Controls, Procurement Services, Risk Management, Sponsored Programs, Tax and Treasury Services.

Financial Analysis – Recharge Rates

Recharges are costs billed for goods or services provided by one internal university unit to other internal university units.

Contact information:
fin-farecharge@umich.edu

Procurement Services

Procurement Services manages a diverse selection of goods and services used by the University of Michigan. They establish and handle all supplier relationships with the university and have signatory authority for all supplier contracts to ensure all of U-M’s purchasing initiatives are conducted in an ethical manner.

Contact information:
(734) 764-8212
procurement.services@umich.edu