Some teachers allow late work but penalize it, typically one letter grade a day. It would be very helpful if it were possible for submitted quizzes to be sorted by section then name then date handed-in. That way, teachers could very easily see which quizzes were handed in on-time and which quizzes were not.
For even more functionality, it would be great if Canvas allowed teachers to determine what percentage or number of points to take for each day late and then take those points off automatically (perhaps showing original and adjusted grade).
And, to make this even more functional, perhaps Canvas could allow the option of penalizing by weekdays late or weekdays and weekends late.