1. REQUEST FOR PAYMENT OVERVIEW Spring - Summer 2010

2. What are We Doing?  The Institute has developed a web-based, self-service Request for Payment (RFP) form with a direct link to MIT’s SAP financial system.  This will allow community members to request, submit, and manage reimbursements and payments on-line.

3. Benefits of the New Process  Improved speed and accuracy of processing with built-in help and error checking  Reduced costs associated with data entry, document filing and mail processing – scanned receipts now linked to RFP  Certificate based authorization will reduce errors based on invalid approvals  Direct deposit will reduce time, risk and costs associated with printing checks  Increased convenience – can work from remote locations, work-flow automated electronically  Timely reporting on current and past RFPs  Track an RFP through the process  Track all current and past RFP’s

4. Business Rules  Rules for reimbursements and payments have not changed, only the means for requesting, approving and routing. The following rules continue to apply.  A Request for Payment may be used ONLY when use of Procurement Card or Purchase Order is not possible  Appropriate uses of a Request for Payment include:  Paying for honoraria, guest lectures/speakers  Reimbursement for out of pocket expenses when use of Procurement Card is not possible (receipts must accompany) For example, local restaurants, mileage, taxi fare, and other places where petty cash may have been used in the past  Payment for local registration fees, dues, subscriptions where Procurement Card not accepted  Payment of H1-B Visa processing fees

5. Business Rules continued  A Request for Payment is required  When reimbursing for computers or servers valued under $1,000  For human subject payments  A Request for Payment should NOT be used  To pay for computers over $1,000 or server equipment over $3,000  To pay for taxable goods and services greater than $500 e.g., consultants and subcontractors  To pay for a business trip involving an airline and/or an overnight stay (use Travel Expense Voucher instead)  To request a Travel Advance (use Travel Advance Form instead)

6. Business Rules continued  Approvers must be authorized by their departments to approve RFPs  Continue to route your RFP’s to your current approver  You may not approve your own RFP  Lunch and dinner meetings require justification specifying date, topic of discussion, list of attendees, and agenda

7. Sensitive Data  Be extremely careful handling sensitive PIRN data such as Social Security numbers, bank account and routing numbers, credit card numbers and driver license numbers.  Massachusetts law requires that notification be sent to affected individuals and the Attorney General’s Office in the case of compromised PIRN data (PIRN = personal information requiring notification).  To comply and be safe:  Don’t keep it if you don’t need it – or keep it safe (locked, encrypted)  When sending backup documentation redact (cut out or hide) PIRN data  Securely destroy paper and electronic documents containing PIRN data  Keep informed: get to know MIT’s WISP (Written Information Security Program see: http://web.mit.edu/infoprotect/wisp.html)  Ask questions by emailing to: infoprotect@mit.edu

8. System Overview  Who Can use this System?  Individual Submitter seek a reimbursement (a payee)  Departmental Submitter/Reviewer create RFPs for reimbursements or payments review and create for self or others (for some Cost Objects)  Approver approve RFPs (for some Cost Objects)  Payees  May be MIT or non-MIT

9. Contact For questions regarding Request for Payment policies or procedures use the following.  Web: http://vpf.mit.edu/site/accounts_payable/policies_procedures/ requests_for_payment/policies  Call: 617-253-2750  Email: accounts-payable@mit.edu  WISP - Written Information Security Policy see:http://web.mit.edu/infoprotect/wisp.html