Future-Ready: Higher Education and Research Centers Look to Technology to Control Expenses, Accelerate Innovation
As leaders in higher education and federally funded research and development centers (FFRDCs) plan their technology investments, they must balance overcoming immediate challenges with strategizing for the future.
Institutions face significant delays, with 37% of expense reports audited before payment and vendor payments taking an average of 64 days, often incurring late fees. To address these inefficiencies, 83% of institutions are considering new or updated SaaS or technology solutions.
Wakefield Research surveyed 100 decision-makers for T&E and AP solutions working in higher education and at FFRDCs, on behalf of SAP Concur.
Access this report that explores these insights into:
- Automating compliance checks
- Providing employees with solutions that are easy to use
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