Ensuring Financial Excellence for UVA: Highlights of Our 2025 Priorities

We're excited to work with the UVA Community!

UVAFinance recently shared our 2025 priorities with the Finance Advisory Network (FAN)* and we are excited to share highlights with the entire finance community. The priorities focus on three key areas designed to enhance financial accuracy, operational ease, and engagement with the UVA finance community.

These areas—Operational Priorities, Workday Optimization, and Engagement—reflect our commitment to continuous improvement and collaboration.

• Procure-to-Pay Transformation: We’ll continue optimizing UVA’s procurement processes to streamline operations and improve vendor experiences.
• Account Certifications: A long-term reconciliation process is on the horizon, designed to add value for both central finance and individual units. (We’ve already made an improvement to the process: removing investment income at the unit level!)
• Internal Service Delivery Enhancements: Development of resources to support both internal service providers and the units they serve more effectively throughout the entire internal billing process.
• Streamlined FDM Request Process: A more efficient and functional Workday FDM request process will include expanded features, such as the ability to deactivate specific worktags.
• Expanded Training with Context: Training offerings will be enhanced to provide greater clarity about why processes exist and how they impact UVA’s overall financial operations.
• Fiscal Resources Hub: We’re creating a centralized, user-friendly hub where the UVA finance community can easily find training and resources.

What's Next?

UVAFinance is committed to engaging stakeholders throughout these initiatives with a focus on transparency and collaboration. Expect regular updates as we make progress toward these goals.

Thank you for being a vital part of our journey toward financial excellence!

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*Want to know more about FAN?  Visit the UVAFinance website and click on "Finance Advisory Network.")