Intelligent Spend Solutions from SAP to Support IDP Education’s Growth

Press release content from PR Newswire. The AP news staff was not involved in its creation.

WALLDORF, Germany, Oct. 13, 2020 /PRNewswire/ — SAP SE (NYSE: SAP) today announced that IDP Education, a global leader in international education services, has implemented SAP® Ariba ® and SAP Concur ® solutions to simplify its procure-to-pay processes across its global operations.

Since the global rollout, IDP has increased the percentage of spend contracted with preferred suppliers connected to Ariba Network, helping to increase efficiencies, improve collaboration with suppliers and drive cost savings. Since its phase one rollout in June 2019, IDP’s staff have been able to create more than 4,100 purchase orders using SAP Ariba solutions and submit over 4,900 expenses with SAP Concur solutions.

As a result of its digital transformation, IDP drove cost savings of A$5 million in the first year alone, which equates to

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School spend on remote learning tech growing exponentially

An extensive market intelligence report details what kind of distance learning technology academic institutions are buying as well as activity from major ed tech providers.

Photo by Solen Feyissa on Unsplash

Academic institutions—both K12 and higher ed—account for the fastest growth and the largest market share in an analysis of remote learning technologies and how they’re used by enterprises, academic institutions, government organizations and individual users.

Conducted by Future Market Insights, the study forecasts the market for remote learning technology to have a compound annual growth rate of 14.7% between 2020 and 2030. Remote Learning Technology Spending Market, the related report, provides perspective on how the COVID-19 pandemic has impacted the purchasing of software and services and what companies are investing heavily in these areas.

The growth of remote learning has promoted the adoption of technologies that provide learning materials online and those that mimic classroom environments. Advancements in web

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