Encountering resistance to e-procurement platforms isn’t unusual, says Max Leisten, market director for higher education at SciQuest. He offers the following advice to thwart compliance issues:
Articles: Financial Services
3/28/2012
As the benefits of e-procurement become more widely known, institutions are moving to incorporate these systems into their operations. And why not? As Sabrina Stover, CEO of BidSync, a provider of e-procurement systems, says, e-procurement saves time, keeps departments on budget, increases efficiencies, makes the procurement process more transparent, and encourages a more competitive bidding environment, among other advantages (including being greener).
3/28/2012
Washington and Lee University (Va.) and Unimarket, an eProcurement and eSourcing solutions provider, have signed an agreement to implement the complete Unimarket solution from eSourcing through eProcurement and eInvoicing.
3/28/2012
Mount Holyoke College (Mass.) announced that it will not raise tuition or room and board for the 2012-2013 academic year, holding prices at the 2011-2012 rate—and making next year the first since 1968 that Mount Holyoke has not experienced an increase in the cost of attendance.
3/28/2012
Time is running out for Congress to take action to stop a scheduled interest rate increase on Stafford loans this summer. In July, interest rates are set to double for almost 8 million students. The average subsidized Stafford loan borrower will pay an extra $2,800 on their loans, and students borrowing the maximum $23,000 in subsidized loans starting next year would pay almost $5,000 more over a 10-year repayment period.
3/28/2012
Until recently, many 403(b) employee retirement plans were viewed not as actual plans but as clusters of individual employee contracts with different vendors. Higher ed institutions were like middle men, with their role limited to passing through employee contributions to individual plans. Administrators saw little need to pay much attention to their 403(b) plans or to exercise much oversight of third-party mutual funds or insurance companies managing employee funds.
3/27/2012
Wading through compliance rules can be daunting for even the most seasoned administrator. The Higher Education Compliance Alliance, a new online resource, was launched on March 1 to help answer the most burning federal law and regulation questions.
3/27/2012
Few students—traditional or nontraditional—complete their work within the 9-5 work day. Rather, libraries and dorm rooms are bustling late into the night with students burning the midnight oil.
2/24/2012
An Atlas of Giving report reveals that the education sector was the strongest for charitable giving in 2011. The sector received $54.30 billion in 2011, an increase of 9.8 percent over 2010 when donors gave $49.44 billion.
2/24/2012
When President Obama called for more college graduates during his 2009 State of the Union Address, higher education leaders embraced the challenge. His 2012 speech challenging colleges and universities to control tuition—and adding there would be dire funding consequences if they didn’t—was not as well received.
2/23/2012
Six months into the net price calculator (NPC) requirement, the experiences of many colleges and universities can be best described as “a mixed bag.” Questions or concerns that numerous schools expressed as they put together their plans for the NPC launch have not necessarily been answered: Will the phones start ringing off the hook? How accurate will comparisons be? What is the best location on our website: Should we highlight the NPC or bury it in a hard-to-find spot?
2/23/2012
Acceptance of cloud computing—the practice of storing data in off-site servers rather than on campus—has been growing by leaps and bounds, at least in some areas. “It’s growing in the areas easier to rip and replace, such as CRM,” says Stan Swete, chief technology officer at Workday, which offers HR and Payroll systems through software as a service (SaaS).
2/23/2012
President Obama put the rising cost of a college degree in the national spotlight during his State of the Union address January 24. Colleges and universities can take up the president’s challenge to keep tuition costs down by investing in programs, teaching methodologies, services, and support that are proven through a rigorous controlled study to have a positive impact on student outcomes.
2/23/2012
(Ed Note: The university and its executive vice president referred to in this story have asked to remain anonymous.)
Can a university use efficiency methods from the corporate world while staying true to its values?
That was the challenge facing The University’s executive vice president (EVP) and his team.
2/22/2012
Student retention is a big problem that doesn’t get the attention it deserves. About one-third of college students fail to obtain a degree six years after taking their first college course, and the United States is no longer in the top 10 list of countries with the highest graduation rates, according to the College Board. The drop-out rate affects long-term economic prosperity nationwide.
Pages
Higher Education's Leading Technology Event
Latest Jobs
4/25/2013
CampusWorks, Inc.