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Includes core processes for procurement, accounts payable, accounts receivable, fixed assets, internal stores, journal entries, budget development, as well as Sponsored Research accounting and Endowment Management.

Below are some of the key benefits fo Banner Finance

  • Configurable, rule-based budgetary controls to ensure expenditures remain within budgetary guidelines for all funding sources
  • Central repository for all financial transactional processing with real-time query access and reporting
  • Electronic approvals workflow to eliminate the paper chase
  • e-Procurement partnership with SciQuest to reduce and control maverick spending on supplies and equipment
  • Full integration with Banner Student, Financial Aid and Human Resource systems allowing you to focus your resources on improving operational efficiencies, not on maintaining interfaces to third-party software

Banner Finance will enable the institution to improve customer service and streamline procedures. We can liberate central administrative staff to develop and implement other value-added programs and services. - S-SCT

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