Google did a study a decade or so ago where they gave two groups purchasing cards.
One group got lots of oversight.
The other group was allowed to self supervise.
They spent waaaaaay more on oversight than they saved.
One group got lots of oversight.
The other group was allowed to self supervise.
They spent waaaaaay more on oversight than they saved.
Reposted from
Mike Boylan-Kolchin
An irony of the push to lower overhead rates on grants to reduce waste / fraud is that a significant amount of overhead goes to “grant compliance” because of a Bush II focus on grant oversight. Every university has a huge office filled with staff ensuring no grant dollar goes where it’s not allowed.
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