Fiscal Close by the Numbers

Another Fiscal Close has come to an end and Supply Chain Management’s Business and Financial Services would like to thank all of the university staff who helped our campus smoothly transition to the new fiscal year. The volume of Kuali Financial Services (KFS) payment request transactions processed between May 15 and July 15 increased by more than 9% and the number of AggieTravel increased by more than 40%!

 While the number of P-card transactions, AggieBuy Orders and KFS Requisitions dropped, Business and Financial Services saw an increase of almost 4% in the overall volume of work during the 18/19 Fiscal Close period.

 

Metric

Volume (Fiscal Close)

Volume (2 Month Avg)

% Difference

KFS Payment Requests Created

44,971

41,230

9.07%

AggieTravel Transactions Processed

23,585

16,444

43.43%

Procurement Card Transactions Processed

20,071

20,550

-2.33%

AggieBuy Purchase Orders Created

17,594

19,407

-9.34%

KFS Purchase Orders Created

10,526

14,640

-28.10%

Fiscal Close Totals

116,747

112,271

3.88%