Wiley invests in open access tool

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John Wiley & Sons has launched the Wiley Open Access Account Dashboard, an online tool aimed at simplifying the management of open access funds for institutions and funders.

Wiley says the product, which is available for all Wiley Open Access Account holders, provides funder and institutional customers with complete control over their open access funds online. Account holders can approve or deny open access payment requests immediately, while authors will be informed of decisions as soon as they are made.

The tool was developed with funders and institutions in mind, Wiley says. Many funders require the published output of funded research to be made freely available, while they also provide money to institutions for open access payments. As a result, institutions are under increasing pressure to report to multiple funders on open access payments made.

Wiley says its technology simplifies this process and ensures transparency. The dashboard’s reporting function generates detailed statements that include historical payments, the articles' funding sources and any discounts provided by Wiley. It also enables account holders to check their account balance, top up account funds, and receive email reminders for reports and payments.

'The Wiley Open Access Account Dashboard is a major benefit to funders and institutions and gives an aggregate view of all open access papers they have funded,' said Rachel Burley, Wiley vice president and director for open access. 'We designed the site in consultation with our customers and it is expressly intended to save them time by making open access fund management and reporting automated, fast and simple.'

There are more than 40 Wiley Open Access Account holders who pay open access charges on behalf of their authors publishing with Wiley. Until now, the processing of payments for these account holders was completed manually. Each request was submitted individually to the publisher and sent onto the account holder for a decision.