SWETS Launches Open Access APC Management Service
The rise in open access publishing is one of the biggest transitions we have seen in the information industry. It was estimated that 180,000 articles were to be published via paid open access (gold) in 2012. This rise has naturally developed a need for library or institutional support services that can help manage the new OA-related processes and workflows that now exist between libraries, researchers, publishers and funders.
At Swets, we feel that we can add value to these new processes, and at the same time save our customers time and money.
NEW: Article processing charge (APC) management
A major administrative burden of the paid (gold) open access publishing model is the article processing charge, which are paid to publishers for gold OA papers.
For the institution or library, the massive growth in the number of articles requiring APCs is already putting extra pressure on resources.Common problems we hear about include:
- Administrative time making individual micro-payments
- Managing multiple APC invoices from multiple publishers
- Adding extra responsibilities to already over-stretched staff
- Mapping out and testing uncertain and non-standardised workflows
- Future extra staffing costs to meet increasing APC management demands
Our expertise in handling multiple financial transactions gives us the skills to offer a new service handling time-consuming and costly APCs for institutions and organizations around the world.
So what is our service?
Swets' Open Access services aim to reduce the administrative burden on your library or institution by managing the complex APC invoicing and payment process on your behalf, saving you time and resources, which are both costly.
Our service features:
- APC management for all types of institution
- APC fund management
- Secure financial transactions
- Multiple payments to multiple publishers
- Detailed real-time reporting
- Established relationships with thousands of publishers
Our standard process is outlined below. If you have particular requirements that are not featured here, our service has been developed to be flexible and customisable, so contact us today to discuss how we could address your particular needs.
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