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SAP Concur: AP Automation and Cost Control in Higher Education

1reports1reporting sources2022-06-29Update

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For finance and travel managers, this case shows that automated invoice and spend management can deliver measurable cost savings and support remote approval workflows, relevant to budget-constrained higher education institutions.

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6月29日
  1. SAP Concur Blog
    SAP Concur: AP Automation and Cost Control in Higher Education

    A SAP Concur blog post discusses accounts payable challenges facing higher education institutions during the pandemic: declining enrollments, student refunds, campus closures, and paper invoice backlogs from remote work. It cites an IDC white paper reporting that organizations using Concur Invoice saw average annual benefits of $662,700 ($3,258 per 1,000 invoices) and a three-year ROI of 634%.