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 ...

ANNAPOLIS — The Maryland Department of Transportation violated procurement procedures by allowing some contractors to perform work outside the scope of their original contracts without rebidding 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 ...

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 ...

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 legislative audit sharply criticized Maryland health exchange officials for a wide range of fiscal failures, including how it awarded contracts to companies building the state’s initially ...

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 ...

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 ...