EBSCO and Consortia work to Streamline Renewals

EBSCO and a number of library consortia are working together to help members reduce the cost and burden of processing e-journal package renewals by using EBSCO's RapidRenewal service, an online tool for managing the procedure.

Library consortia have been able to negotiate large content deals successfully with major publishers and offer membership terms and conditions that are unique to their respective consortium. RapidRenewal enables libraries to process these licensed deals in a more efficient manner by incorporating consortial contract terms and limitations, title detail, and custom pricing into a single interface that provides one portal for the renewal of multiple packages while eliminating the cumbersome exchange of spreadsheets, email, and other communication. The library can modify and approve package title lists; the system enforces the terms of the consortial contract and ensures that renewals are handled correctly each year. Authority levels allow renewals to be approved at the consortial or library level, depending on the preferred operation of the consortium or publisher.