Automation Helps Higher Education Build a Culture of Compliance
SAP Concur published an article on how colleges and universities can improve compliance through automated travel and expense management. Research shows 63% of organizations cite time wasted on audits due to non-compliance, 64% of higher education institutions take over 60 days to process vendor payments, and 37% of expense reports are still manually audited. Automated tools can identify non-compliant transactions early, reduce audit workload, and protect institutional funds.