Empowered

The beginning of a new academic year is an opportunity for colleges and universities to do more than prepare classrooms and welcome students. It is an important time to evaluate whether the institution is providing a safe, secure, and supportive educational environment for students, faculty, staff, visitors, and contractors.

For CFOs, spend visibility is not simply a procurement initiative – it’s a financial strategy. Institutions that can clearly see where and how money is spent are better positioned to control costs, reduce risk, improve operational efficiency, and redirect resources toward their mission. In an era of enrollment uncertai

The warning signs have been visible for years. Enrollment at small, faith-based colleges has been quietly eroding, and now the precipice is here.

By ERA Group

Question: Why is transportation considered a significant exposure for schools?

This article is based on the ABACC webinar “Incident Reduction and Cost Containment: Risk Management Strategies for the Christian Organization” presented by experts from Educational & Institutional Insurance Administrators (EIIA). 

Maverick spend (often referred to as rogue spend) refers to purchases made outside an institution’s formal procurement process, approved vendors, or negotiated contracts.

Question: As winter transitions to spring, what do we need to do to minimize slip, trip and fall hazards?