Fiscal Technologies partners with the Coalition for College Cost Savings to offer its NXG Forensics® purchase-to-pay risk management solution to over 900 US colleges and universities

FISCAL Technologies, a world leading provider of forensic financial solutions and services, and the Coalition for College Savings (The Coalition), announced today they are partnering to provide The Coalition’s member institutions consisting of over 900 private colleges and universities across 32 states, access to the best-in-class Purchase-to-Pay (P2P) risk management platform.

The partnership will allow member institutions to benefit from a unique cloud platform that proactively protects college spend from fraud, risk & compliance issues and at the same time delivers immediate bottom line cost savings.

“Our partnership with The Coalition is a reflection of the increased awareness we’re seeing among institutions about the importance of protecting spend from increasing supplier risk and fraud,” said Eric Hayes, VP Client Development at FISCAL Technologies. “Proactively reducing supplier risk has the double benefit of creating immediate cost savings, while driving a program of process improvements throughout the purchase-to-pay process.”

Member institutions that participate in the program will have the additional benefit of receiving a special, no-obligation and no-fee Educational Purchase-to-Pay Risk Review that will help identify key areas of risk, fraud and cost saving.

“In response to the needs expressed by our members’ institutions, we sought to find a strong, secure, committed provider of P2P risk management that will deliver instant savings and long-term benefits to our members. FISCAL Technologies has a superb track record providing innovative solutions focused on driving process improvements and cost efficiencies in Education,” said Lyen Crews, President of the Coalition for College Cost Savings. “We are excited to release this new program to our members and look forward to a productive partnership.”