February 23, 2015

InFocus - Electronic EVR (eEVR)

The following editorial from Brian Burnett, Vice President for Finance and CFO and compliance update from Donna Johanning, Director of Financial Information Systems, was included in the InFocus - F&A Quarterly Newsletter released on February 20, 2015.

Welcome to InFocus!

The only constant in life... change.

With the diverse missions of the University of Missouri System and its campuses and operations, there is no question our ability to serve is increasingly financially strained under increasing demands for service from more students, limited state appropriation growth, tuition increase limits, and a challenging environment for competitive research funding. These are the realities we face as we work to serve the state of Missouri and the students who come to our campuses to learn and grow their abilities to be productive citizens of the state and nation. Thus, as the university continues to look for ways to not just survive but thrive in an era of a challenging funding climate, we must continue to examine ways to improve our operations and services. For the UM System Office of Finance, we must find ways to improve our operations and effectiveness of our services to the campuses we serve.

We announced earlier this year one such effort to attain enhanced internal audit coverage for our growing enterprise. We are doing this by “insourcing” our internal audit function after more than a decade of outsourcing this function to PwC. PwC has been a reliable and trusted audit partner for the UM System since 1999. We are grateful for their work and expertise over the years in what, at times, can be a challenging function for any organization. However, after careful analysis and discussions with the President and Board of Curators, we made the decision to move to a System Office of Internal Audit, effective Nov. 1, 2015. To build a new division from the “ground up,” it is imperative we move quickly and thoughtfully to hire a chief audit executive that will lead and oversee this new division. The search for this position is underway and we hope to have this person selected by April or May. This new chief auditor will then work to assemble a team of qualified audit personnel to create this system division. This new function will not cost the system or campuses any additional funding beyond what we were already spending on internal audit but is expected to result in greatly enhanced audit coverage and processes consulting across the four campuses, health system, and UM System.

Life coach and self-help guru Tony Robbins has been quoted as saying, “Change is inevitable. Progress is optional.” I would encourage all members of our teams to continue, as so many of you have, to work on making positive progress in the face of inevitable change. Change comes in many forms in terms of work locations or space, daily or weekly assignments, reporting structures, the “dreaded” administrative system upgrades and changes, and so many others. I continue to appreciate what each of you do across the UM System and I encourage all of you to bring forth your positive energy, ideas, and dedication to the University of Missouri as we meet the challenges we face together.

Compliance Corner - Electronic EVR (eEVR)
The eEVR process is off and running. The initial run of eEVRs occurred on Nov. 11, 2014. The process produced 90 eEVRs for those individuals who have to certify their effort on a monthly basis. By the end of the day on Nov. 11, 41 eEVRs (46%) were approved. The Columbia Sponsored Programs Office was able to follow up on each unapproved EVR more efficiently and had all the eEVR approvals before the November eEVRs were produced.

The second run of eEVRs was even more successful. The second production of 91 eEVRs was done on Dec. 9, 2014 for the month of November. At the end of the day on the 9th, 60% (54) of the eEVRs were approved. All eEVRs were approved by the deadline of December 23, 2014.

Individuals that approve eEVRs on a semiannual basis will receive theirs approximately the second week of February. We anticipate about 6,000 eEVRs to be sent out across the campuses. eEVRs will need to be completed within 14 days of when they are produced.

If you have any questions, please consult your campus Sponsored Programs office.

You may access the original InFocus post and leave a comment here.