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 ...

The Texas State Auditor found that Texas Southern University overrode safeguards in its financial processes and provided ...

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.

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 ...

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 ...

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 ...

A state audit of Morgan State University found that the school failed to follow procedures to ensure students are not being under- or overcharged for tuition and that it hasn’t been contracting ...

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 ...