About FRMS
The University of Texas at Austin has implemented the Financial Resource Management System (FRMS) in order to provide university personnel with simplified and efficient processing of financial transactions via a Web interface. FRMS is a foundational piece of the comprehensive Enterprise Resource Planning (ERP) system that is a collection of systems used to conduct university business.
FRMS is the framework for various online financial subsystems. As subsystems are developed and integrated, these are just some of the financial-related procedures that will be available in FRMS:
- Payment processing
- Procurement
- Transfers
- Travel
- Chart of Accounts
- Campus billing systems
- Departmental accounting
- Transactional searching and reporting
FRMS is being developed and launched in phases. The following subsystems are currently available in FRMS:
- Scholarship/Fellowship
- Department Inventory Portal
- UT Market
Visit the FRMS Project Web site and askUS to get more information about FRMS subsystems, announcements, phases, and training.