Upcoming Change to Standard Supplier Payment Terms

Beginning November 17, 2026, the University of Michigan will begin a phased transition of its standard supplier payment terms from Net 30 to Net 45. Under Net 45 terms, payment is generally due 45 days after the invoice date, subject to applicable contractual terms....

Marketsite+ Upgrade 25.3: Outage & Enhancement

On Monday, November 17, Marketsite+ (JAGGAER) will be updated to version 25.3. To account for this enhancement, Markesite+ will be offline from Friday, November 14 at 9:00 p.m. – Sunday, November 16.  A summary of the enhancement impacts with screenshots can be...

U-M Transitioning Restaurant Purchases to PCard

May 28, 2026 update: The shift from shortcode to PCard at all restaurants for small and large group ordering will be enforced beginning January 1, 2027. As part of our ongoing efforts to expand dining options, improve financial controls, and streamline payment...

Enhanced purchasing processes coming in May

As part of our ongoing commitment to making purchasing the goods and services you need to support teaching, research, and patient care at U-M both convenient and cost effective, we’re implementing a series of enhancements over the next two years to streamline our...