TU Today

Stratus Is Live! Here’s What to Know

Stratus is TU’s modern business platform. It launched on July 11 to standardize and simplify TU business processes as part of a long-term modernization effort.  Here’s what you need to know:

What’s changing?

Stratus replaces PeopleSoft Financials. In the new system, employees can enter their own requisitions and expenses, including travel, ProCard and employee reimbursements. Supervisors review and approve requisitions, expenses and expense reports. Cost center managers and financial stewards perform final reviews and audits. Depending on your office’s process, you might be an individual delegated to enter expense items and reports on someone else’s behalf. Students do not have access to Stratus Financials-they should use DocuSign for travel expenses.

What are the benefits?

Besides offering streamlined and modernized business systems, Stratus provides:

• Improved efficiency and fewer manual processes
• Convenience through notifications and alerts
• Simplicity with reduced add-ons and workarounds
• Real-time information on budget availability
• Fewer external spreadsheets
• Quarterly updates providing new functionality

Who’s impacted?

Impacts will be greatest for those employees using PeopleSoft to perform financial functions, such as budgeting, reporting, and procurement, because those processes have changed. Additionally, anyone traveling for university business will use the new system to submit expenses.

How do I access Stratus?

Stratus is accessible via a dedicated tile on MyTU.

Where can I access training?

Learn how to use Stratus by watching videos and accessing self-help docs on the Stratus Training webpage. There are resources and FAQ for all modules. If you need assistance after completing training, email stratusfinancialsteam@towson.edu or sign up for an optional office hours session with a Stratus expert.

For more information about the project, visit the Stratus website.

Categorised in: General

This post was written by Gorsuch, Pamela