Purchasing materials for manufacturing or goods for inventory is one of the most important functions for a business. A periodic internal audit of the procurement process examines receipts, business ...

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 ...

Paper-based procurement has long been the way governments operate, and it does help ensure security and compliance. But it ...

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 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 ...

The expanding scope of fintech has been well documented in these digital pages. Payments, investing, financial planning and lending often spring to mind as “classic” fintech startups, but other ...

LONDON--(BUSINESS WIRE)--SpendEdge, a global procurement intelligence advisory firm, has launched three procurement research reports on the professional services category. To help clients understand ...

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.

SACRAMENTO, Calif. (CN) — California’s state auditor released a report Tuesday on the Judicial Council’s procurement process, giving it a general clean bill of health but singling out three issues it ...