University of Illinois System
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Business and Finance Departments

Business and Finance operations at the University of Illinois System are dispersed throughout the System Offices and the three universities. While key financial processes, such as procurement, contracts, and budgeting, are executed at the university level, the Office of the Vice President and Chief Financial Officer has management oversight and responsibility for all financial functions and oversees all revenues, costs, capital expenditures, investments and debt.

The University of Illinois System is subject to and complies with a variety of federal and state financial requirements and generally accepted accounting principles. The scope and diversity of system activities and facilities are complex. This array of system business operations is the result of our size, scope, diversity, and the external regulations that shape our policies and procedures.

Administrative Information Technology Services

AITS delivers enterprise-wide information technology solutions and services in support of the administrative processes of the University of Illinois.

Budget and Business Operations

The Assistant Vice President for Budget and Business Operations provides leadership to the System Office Business and Finance Policy Office, System Office Shared Services, and the Office of University Outreach.

Capital Programs, Real Estate and Utility Services

Capital Programs, Real Estate and Utility Services supports the U of I System's mission by facilitating and overseeing the development of and adherence to policies, procedures, and systems pertaining to the built environment of the System.

Office of the Controller

The Controller’s office is comprised of University Accounting & Financial Reporting, System Government Costing, University Bursar, and University Payroll & Benefits.

Office of Procurement Services

Procurement Services is comprised of IPHEC, Procurement Diversity, System Purchasing & Support Services, and University Payables.

Purchasing & Contract Management

In the U of I System, the purchasing function is distributed across the three universities and the System Offices. Each purchasing office manages business processes related to the acquisition of goods and services.

Treasury Operations

Our primary areas of responsibility include Agricultural Property Services, Capital Financing, Cash Management, i-card Programs, Investments, Merchant Card Services, Risk Management, and Tax.

Other System Office Departments

Information about System Office departments that support functions of the Office of the Vice President, Chief Financial Officer & Comptroller.