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Articles: Financial Services

Jonathan L. Kotlier is a partner and chair of the white collar defense practice group at Nutter legal firm in Boston. Joseph T. Toomey is an associate in Nutter’s litigation department.

The traditional university model of an in-house administrative investigation run by some combination of university administrators and professors is a disservice to both the accused and the university. It is arcane and inefficient.

What do you see as the biggest roadblock for finance offices at colleges in moving away from spreadsheet-based budgeting and financial planning?

“​The biggest roadblock is changing existing processes that are constrained by outdated technology. With … a platform [that has] data integrations, linking, collaboration, control and a full audit trail,  finance teams can create new, efficient processes and modernize the way they work.”

—Matt Rizai, chairman and CEO, Workiva Inc.

Adaptive Suite (Adaptive Insights)
Cloud-based performance management software for budgeting, planning, forecasting, reporting and dashboards
adaptiveinsights.com

Axiom Higher Education Suite (Kaufman Hall)
Software to support institutional planning and reporting
kaufmanhall.com

Some higher ed institutions are giving new technologies the ol’ college try in preparation for future financial challenges. Here’s a closer look at five compelling reasons to move beyond spreadsheets.

Michael S. Zetlin is a founding partner of Zetlin & De Chiara LLP, specializing in construction and contract litigation. Ramsen Youash is an associate with Zetlin & De Chiara’s New York office.

More colleges are turning toward a public-private partnership (P3) model—a practice common in Europe and Australia—to fund new infrastructure or upgrade existing buildings.

The closure of Amazon’s virtual bookseller at UMass Amherst underscores once again the need for campus stores to diversify services.

Following the multiple hurricanes that struck the Gulf Coast this past September, several higher ed institutions used unmanned aerial vehicles or systems—or drones—to assess damage on campuses and beyond.

Thomas J. Botzman, Ph.D., is president of Misericordia University in Dallas, Pa.

Increasingly, higher education is taking a larger role in providing opportunities for our veterans.

Martin Pritikin is the dean of Concord Law School at Kaplan University, the nation’s first fully online law school. He can be reached at martin.pritikin@kaplan.edu.

The high cost of legal education drives up the cost of legal services, and both law schools and law firms are typically concentrated in pricier metropolitan areas. Fortunately, readily available technology can address both problems.

An emerging area involves ensuring students who have returned after being dismissed for poor academic performance stay on track to completion.

Event management systems have given schools greater control over everything from booking spaces to ordering food, linens and equipment.

Montclair State partnered with the Sony Corporation to create what the New Jersey-based institution touts as the most technologically advanced broadcast and media production facility at a university.

Developing a successful model for creating an e-textbook program is key to taking digital course materials to the next step of widespread use. Here are three ways to design an e-textbook initiative.

Nido Qubein is president of High Point University in North Carolina.

Instead of hoping that mentorship happens, we have to help both students and our colleagues understand the fundamentals of making these connections.

Thinking beyond painfully slashing big line items, higher ed leaders can realize significant savings in finding smaller cuts that, all together, add up to make a huge impact.

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