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College and University Back Offices Face Toughest AP Test Yet

Wakefield Research survey shows two-thirds of higher education finance and admin departments lack software for remote work. Only 16% of staff can work remotely without hurting productivity, 60% are prepared to reduce pay or cut staff, and 71% are concerned about compliance. 99% of decision makers agree investments are needed, and 84% want integrated systems.

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Impact and considerations

Survey data reveals remote work challenges in higher education finance, guiding technology investment and process optimization.

Key points

  • Two-thirds of higher education finance and admin departments lack remote work software.
  • Only 16% of staff can work remotely without hurting productivity.
  • 60% are prepared to reduce pay or cut staff to offset budget shortfalls.
  • 71% are concerned about compliance with regulations.
  • 99% of decision makers agree investments are needed.

Sources and time

Primary source
SAP Concur
Other sources
0
First source publication
29 Jun 2022, 19:47
Page published
16 Aug 2026, 08:22
Last updated
29 Jun 2022, 19:47
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