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NU Procurement Card FSM Workflow

Reviewer Reviews PVSNet and approves cardholder purchases Retains audit records including monthly statements, original receipts, etc. Procurement Card Administrator - Reviews individual transactions for adherence to policies. Cardholder / Allocator Make Purchases

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NU Procurement Card FSM Workflow

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  1. Reviewer • Reviews PVSNet and approves cardholder purchases • Retains audit records including monthly statements, original receipts, etc. Procurement Card Administrator - Reviews individual transactions for adherence to policies • Cardholder / Allocator • Make Purchases • Allocate expenses in PVSNet to correct account / object code each week before upload • Receive monthly credit card statement and verify transactions against receipts NU Procurement Card FSM Workflow Purchasing documents forwarded to reviewer Weekly upload sent to NU financial system ProCard transactions charged to departmental accounts via electronic IV (“IVCC”) Department Post Auditor - Review transactions after upload to ensure charges posted to correct acct - Make any required changes via paper RAC ASRSP - Reviews all Sponsored Account charges Authorized NU Office(i.e. Acct. Services, FSM F&B, NU Int. Audit - Performs periodic Audit of ProCard activity

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