A risk-based approach to procurement

July 31, 2019

IT-ONLINE / 30 JULY 2019 - 11.54 / STAFF REPORTER

 

 

The impact of fraud in procurement can be far reaching with many aspects of the business affected by such transactions.

 

With the threat of reputational damage, legal non-compliance and potential financial losses remaining a possibility, it is critical that preventative measures are put in place to eliminate opportunities for fraudulent activities.