Manual AP Processes: The Perfect Recipe for Higher Ed Disaster
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.
Impact and considerations
Higher education institutions face financial compliance and efficiency pressures; automating AP processes reduces risk and improves accuracy.
Key points
- 44% of finance and admin leaders struggle with invoice and reimbursement volume.
- 42% struggle with new spending categories and adapting policies to remote work.
- 41% are unsure how to manage unexpected expenses.
- Manual processes increase fraud, error, and delay risks.
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
- Original links
- SAP Concur Blog：Manual AP Processes: The Perfect Recipe for Higher Ed Disaster (opens in a new tab)Primary source · en · Published 29 Jun 2022, 19:47