Sponsored Receivables Management (SRM) provides support for cash and receivables management for sponsored projects with the focus of maintaining a steady cash flow for the University. SRM processes interim invoices, draws against letters-of credit, applies payments and receipts and pursues collections for sponsored project awards, clinical trials, Academic Service Centers and Program Income.
SRM works closely with various partner groups both on and off-campus to ensure the overall effective coordination of research management services, systems, policies and processes. SRM is also responsible for quarterly analysis of balances and activity related to sponsored receivables, billings, and collections in accordance with Stanford’s policies and procedures, GAAP, and federal regulations.
Payments are to be made payable to Stanford University. To ensure payments are properly applied, please include the following reference information on the check "stub" or electronic payment reference field:
- Stanford SPO number
- Agreement, contract, study or trial number
- Invoice number the payment is for
- Stanford project's Principal Investigator (PI) name
- Research project, study or trial name/title
Where to Send Payments
Payments should not be sent/wired directly to the department or Principal Investigators (PI).
Checks and remittance advice, or backup of payment for sponsored projects received by the department must be immediately forwarded to the Sponsored Receivables Lockbox for deposit.
Do not mail or hand deliver checks to OSR or SRM offices. Payments must be mailed to the Sponsored Receivables Lockbox (address below).
Sponsors should be instructed to send checks directly to the Sponsored Receivables Lockbox at one of the following addresses:
First Class Mail for Check Payments
Stanford University Lockbox
P.O. Box 44253
San Francisco, CA 94144-4253
Certified or Overnight Mail
Wells Fargo Lockbox Services
Stanford University Lockbox #44253
3440 Walnut Ave, Bldg A, Window H
Fremont, CA 94538-2210
Verify package receipt: (510) 745-5200
Point of contact/new customer setup: (213) 614-3014
Automated Clearing House (ACH), Electronic Funds Transfer (EFT) or Wire Transfer
For Electronic Funds Transfers via ACH or wire, the bank information is below.
to determine which project the payment is for. such as the research project title, agreement or study number, invoice number, award or SPO number, and the name of the Principal Investigator for identification.
Bank Name: Wells Fargo Bank
Address: 420 Montgomery Street, San Francisco, CA 94104
Swift Code (Foreign): WFBIUS6S
Sort/Routing/ABA (Domestic): 121000248
Bank Account Number: Email RFCSfirstname.lastname@example.org to obtain the bank account number
Stanford Tax ID: 941156365
Program Income and Service Center Projects
Stanford University Service Centers provide services or products. Program Income and Service Center projects are detailed in Purchase Orders (POs) which are legal documents between Stanford, as a supplier, and the customers receiving the Stanford services or products.
Projects are billed based on the distribution rule selected for the project as follows:
Cost/Cost projects are billed using the ratio of actual cost. The billable amount is based on the costs incurred.
CRISP is a system that supports the tracking of patient events and is currently the invoicing process for industry sponsored clinical trials only. This is an auditable system that tracks clinical trial events and is used by both the department Financial Specialist and Study Coordinators along with SRM personnel. Invoices are to be processed through CRISP prior to SRM receiving the payment. This is for both invoiceable items and patient care costs processed through Case Report Forms (CRFs).
Please use Stanford email and SUNet password to log into Google Drive to view the videos
Help Ticket for CRISP - pre-populated Help ticket directed to the CRISP support team