Central Business Office
The Central Business Office (CBO) at The University of Texas at Austin is a centralized processing unit which reports to the Office of the Vice President and Chief Financial Officer. The CBO organizes and manages financial and administrative operations for Colleges, Schools, and Units (CSUs). We provide services which give CSUs across campus the option to centralize their business and administrative functions and services. We are customer-focused, performance driven, and accountable to the customer’s executive level oversight and governance.
Customers across campus can contract with the CBO for services such as procurement, accounting, inventory, human resources, payments, and revenue collection. Identifying and implementing the centralized delivery of administrative functions provides improved efficiency. This is increasingly important as limited resources across the university are being reallocated to support its core academic, research, and public service mission.
The CBO brings value to its customers and the university as a whole by consolidating business and administrative functions and implementing a best practices approach to these services. By having financial and business professionals manage and process business transactions, research and academic resources are freed up to focus on their areas of expertise.
CSUs that contract with the CBO for services can expect to:
The CBO manages service delivery to customers through Service Level Agreements (SLAs) that clearly document responsibilities of the CBO and the requesting CSU, as well as how the two groups interact.
2015‐16 Fiscal Year Deadlines
Procurement Requests, including all back up documentation, must be received in CBO by the dates in this PDF. Requests received after the specified deadline will be processed in fiscal year 2016‐17
The Accounts Payable (AP) team creates, reviews, and approves documents to generate payments to vendors and to reimburse employees for all departments campus-wide. We provide accurate and complete information about those documents to our customers and assist them in understanding the entire payment process.