SAP Concur Blog·· 2022-06-29
Manual AP Processes: The Perfect Recipe for Higher Ed Disaster
Manual AP Processes: The Perfect Recipe for Higher Ed Disaster
AI Overview
The article highlights challenges faced by higher education institutions during the pandemic in invoice and expense management: 44% of finance and admin leaders struggle with invoice volume, 42% with new spending categories, and 41% with unexpected expenses. Manual processes lead to fraud risk, errors, and delays; automation is the solution.
Source:SAP Concur Blog · concur.com