Four Best Practices for Travel Return at Higher Education Institutions
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Higher education institutions face reduced enrollments and budget cuts; redesigning travel policies can improve spend visibility, efficiency, and accountability, with TMC consolidation and automation tools being key.
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- SAP Concur BlogFour Best Practices for Travel Return at Higher Education Institutions
SAP Concur blog outlines four best practices for higher education institutions returning to travel: 1) Create a cross-campus travel working group including risk management, finance, and academic stakeholders; 2) Consider mandating TMC use for itinerary transparency, supplier discounts, and compliance visibility; 3) Develop new travel approval guidelines including pre-trip approval and COVID-19 risk considerations; 4) Improve back-office efficiency using Concur Invoice to automate invoice processing and eliminate data silos.