Maintained by pioweb@ucsc.edu
© 2008 The Regents of the University of California. All rights reserved.

Financial Administrative Services Transactions (FAST) Office

Project Description

The Financial Administrative Services and Transactions Office (FAST) is a new, separate unit within Financial Affairs. It is responsible for processing vendor and reimbursement payments. FAST staff will use existing payment processes. As a result, there should be a minimal impact on those served by FAST, although the payment signature approval process may be slightly different. FAST staff have been organized into teams that will serve groups of campus divisions. As much as possible, teams have been organized so that same people who have provided you with services in the past will continue to do so, but from an off-campus location and with backup support.

Project Timeline

• On September 9th, the first members of FAST moved to 2300 Delaware, and began processing all purchase order-related invoices for the campus.
• On September 30, the remaining members of FAST joined them and were open for business on October 3rd. They process all direct payments, which include travel and relocation reimbursements and honoraria payments.

More Information

• To learn more about the FAST office, go to the FAST web site.
• To learn more about how and why the FAST office was created, visit the Business Transformation Program web site.