The processes you use to order merchandise for your company are vital to control risks, prevent fraud, ensure maximum savings and maintain regulatory requirements. You should develop a checklist to ...

Procurement professionals are always juggling many balls in the air. They are chasing budgets, they are chasing deadlines, and they are required to adhere to a complex web of regulations. Given the ...

APQC released the results of its latest study, Supplier Category Management: Driving Value Through the Procurement Process. Audit, tax, and advisory services provider KPMG LLP served as the research ...

A crucial part of the University’s Procurement Card program is the ongoing auditing feature. Virtual audits are conducted on an annual basis. This ensures that all cards are used for authorized ...

Set against a challenging timeframe, the State of Oklahoma faced a large - and potentially expensive - challenge in 2023: audit the procurement practices of all 118 state agencies within six months.

Getting the right materials at the right time and price is incredibly important for any successful business. Material procurement affects everything from product quality to company profits. Smart ...

The Odisha government has initiated a special audit into potential irregularities surrounding the procurement and ...