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Three-way Match Requirement Change Implemented

August 7, 2019

As discussed in our Fall 2018 news article and in an effort to further streamline procurement and payment related processes, effective July 25, 2019 the $500 receipt requirement for non-catalog purchase orders was increased to $5,000.

Non-catalog orders less than $5,000 no longer require that the department or school do a receiver in NUFinancials to initiate payment.  This will result in vendors being paid in a more timely manner for low dollar purchases.  $5,000 is in alignment with the maximum allowable per transaction charge for the Corporate Card as well as the capital asset threshold.  Departments and schools may want to revisit some of their internal review processes based on the change.

If you have any questions, concerns, or feedback, please contact Jim Konrad at 847.491.8121 or

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