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 ...

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 ...

Compliance audit in procurement verifies if procedures were circumvented, if the record is complete and accurate, and if there is forgery or alteration of documents. The challenge is that procurement ...

A recent internal audit into limited tendering procurement practices at Brampton city hall identified some glaring holes in the city’s oversight and accountability structures. The city’s purchasing ...

IRMO, S.C. — Lexington-Richland School District Five has finished the procurement audit the district has been working on for the last year. In a special called meeting on Thursday, the school board ...

A recent audit by the Oregon Secretary of State’s office shows that adoption of a statewide e-procurement system could have potentially saved more than a billion dollars if it had been in use during ...

PANAMA — State officials say Panama Central School needs to tighten its procurement policies. An audit from the state Comptroller’s Office found school officials did not always comply with the ...

An audit has uncovered irregularities within the state Department of Transportation, resulting in overpayment for office supplies. The state Auditor's Office said it learned that the DOT's Materials ...