You work hard to keep your college running, but what if you’re losing money every month without realizing it?

Sarah Holtan, PhD sits down with Anamika Wadhawan, Senior VP of Sales at SIB, to shine a light on “spend drift” and invoice anomalies—those sneaky charges and contract errors that slowly eat away at your budget. Fixing your finances isn’t just about slashing resources; it’s about catching the errors and inefficiencies hidden in plain sight.

Are you sure your institution isn’t leaving thousands—or even millions—on the table just because of outdated contracts or unnoticed overcharges? Listen in for proven strategies and practical questions every college CFO should be asking right now.

This episode features Anamika Wadhawan, SIB’s SVP of Sales, and goes straight to the heart of saving smarter, not harder, in higher ed procurement.

Episode Highlights:

04:16 - If you think of just a basic invoice, you might have one thing that doesn't look right, but when you're looking at it month over month, and when these kinds of anomalies start repeating and happen across an entire portfolio spend for an organization, across invoices and in vendors and across time, it really compounds, and adds up to very meaningful operational and financial impacts for our clients.

08:45 - We're consistently finding big savings opportunities. And when we think about how, to your point or to your question, we're looking at things like contract and pricing compliance. So are the two lining up? Do we even need to right size or correct the contract? Because in a 10 or 15, even 5-year period, a lot has changed and there might be different needs and different ways to actually right size that contract.

15:57 - I truly believe and come from a world where an organization's most valuable assets is its data and information, and really making sure that whatever we're doing when we're working with these, even you mentioned earlier outsourcing, that we're not letting our data be used to train another software solution or be used for another outside purpose.

Sarah Holtan, PhD

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Anamika Wadhawan

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