About this Department
The Cash Management Office is focused on the management and investment of the University's liquidity portfolio, monitoring and reconciling the endowed pool, as well as managing all University banking relationships. Our goal is to deliver financial flexibility characterized by strong governance.
Does your department conduct business with companies that want to pay the University electronically? Great! The Cash Management Office can work with you to provide the necessary information. Please be prepared to provide details about the funds that will be received, including whether or not the payment is recurring, if ARS invoices will be created, and the full accounting information. For questions or assistance, please e-mail email@example.com.
Fayetteville Policies and Procedures
Fayetteville Policy 206.0 - Spending Rate Policy: University Held Endowed Funds in the Unit Trust Pool
Fayetteville Policy 304.0 - Bank Accounts and Other Financial Institutions Signature Authorization Policy
Fayetteville Policy 307.0 - Collateralization Guidelines
Fayetteville Policy 314.0 - Investment Policy
Fayetteville Policy 315.0 - Investments, Donated Stock
No forms available at this time.
The Cash Management Office monitors and facilitates the flow of funds
through all the University's depository accounts. This office is also responsible for maximizing all invested funds while
at the same time providing an adequate liquidity to sufficiently meet
the University's monetary commitments.
Internal endowment funds and available cash funds are invested
primarily through managers. Managers are monitored continuously to ensure that funds are invested
according to University guidelines, adequate liquidity is maintained,
and total return is maximized. The Cash Management Office is responsible for reconciling investment accounts and monitoring and reconciling bond trustee accounts.
This office monitors and reconciles the University's Endowed Pool. The Investment Manager distributes current income from endowment investments to separate cost
center(s) and initiates spending distributions to authorized endowed expenditure centers.
The Cash Management Office is actively involved in selecting bank(s) and establishing or closing specific bank accounts. We monitor activity and balances within the accounts on a daily basis. CMO staff reconcile selected portions of the account activity and monitor balance to ensure adequate funding and to invest funds. We initiate and record authorized electronic funds transfers. The CMO is also responsible for monitoring all payment card activity, whether in person or via e-commerce, and distributing relevant fees. This office also monitors bank fees.