What You Should Know
Princeton University’s financial systems enable us to prepare budgets, purchase goods and services, initiate payments, record ledger entries, maintain inventory, distribute salaries, certify sponsored research efforts, administer project grants, and run financial statements.
Our financial systems include:
- Information Warehouse (financials)
- Labor Accounting
- Prime Marketplace
- Maximo Stockrooms
- Prime Financials
Prime Financials, our main enterprise resource planning (ERP) system, integrates general ledger, purchase order, and accounts payable data to provide real-time information flow and access across the University.
Securing our financial data is a critical responsibility shared by all who have access to it. How we distribute and use this information – who can view it, who can use it to run reports, and who can approve changes – requires the awareness and integrity of managers who grant access to our systems. It demands a full understanding and appreciation of the accountability held by department heads and chairs to safeguard the University’s financial information.