Shared Services encompasses the web of possible partnerships between departments, divisions, and even across institutions that share resources to improve efficiency and decrease costs, and relieve pressure on tuition. For a small institution, streamlining processes and finding internal efficiencies is no longer enough. Forming shared services partnerships is a critical path to financial success according to our guest today.

This week on NACUBO In Brief, Augsburg College Chief Financial Officer Beth Reissenweber joins us to share her experience creating and implementing shared services at her institution. A successful information technology partnership has led to a more robust shared ERP system designed to improve student service, efficiency, and save money along the way.