Purpose
Standardize the solution to provide the enterprise with the ability to manage accounts payable.
Standard
- PeopleSoft Financials and Supply Chain Management (FSCM) from Oracle; will be used to fulfill accounts payable business needs.
Definitions
Accounts Payable - Accounts payable is money owed by by the State to its suppliers shown as a liability on the States balance sheet.
Scope
This standard applies to all executive branch state agencies including the University Systems Office but excluding other higher education institutions, i.e. campuses and agricultural and research centers.
Statement of Commitment
North Dakota's CIO/CTO directs that IT Policy be created to establish statewide information technology policies and standards as defined within ND Century Code (Chapter 54-59-09).
Non-Compliance
Non-compliance with this standard shall be reported to the Office of the State Auditor.