Lively LunchCharlestonNovember 2014

Simon Thomson

Open Access Key

Open Access Report : Market Size, Share, Forecast, and TrendsPublished 2013

Open Access Key – “one to watch”

successfully introduced services to reduce friction and create a more efficient marketplace

Background to OAK Improve the author user

experience to encourage resubmission to Open Access

Reduce time and cost of financial management and administration for all participants

Challenges

Administration

Individual Authors

Universities and Funders

Payment management

Data Collection and Reporting

.........Cost

Hidden Cost

Processing an apc cost the organisation on average:

USD 150.00

on top of the actual apc

If you want to go there, I wouldn't start from here

OAK Platform focus

Ease of Use

Connectivity

Control and oversight

Cost

University Account

Enables central online management of publication fees An automated workflow and communication tool Provides consolidated payments dramatically reducing

finance management costs Provides online live and searchable data on

expenditure and publications Provides reporting and financial account management Provides budget caps to automatically track individual

authors or projects Provides metadata feeds to institutional repository

systems

Oversight

University

Researcher 1 Researcher 2 Researcher 3

Faculty/Dept Finance

Repository

Connection

University

Publisher 1 Deposit Account

Publisher 2 PAYG

Publisher 3 All

How do we do it

Receive Invoice

Upload metadata

Offer workflow routes

Make consolidated payments

Report

Forecast Expenditure

Works even when there is no apc

Operations to date Processed payments for authors in 68 countries

Processed payments for over 240 international universities

Processed payments for over 90 international publishers

Staff based in Ireland, UK, Norway, Denmark, France, USA

Set up and Cost

Select desired workflow

Create budgets

Select publishers/Journals

Structure report templates

University Account – Annual Fee starts from $2000

enable researchers and universities spend their time and money on research and not on administration

Future Development Journal selection and submission tool

Aid to find journals which are compliant to funder mandates/requirements

links to submission and payment process

Automated repository data management

New OA functionality Reviewer payment

Receive cash or pass cash credit to their university

Thank you

Contact us for a demonstration and more details at inbox@openaccesskey.com