Procurement Outsourcing
PROCUREMENT SIMPLIFIED
Procurement is one of the business or government activities most vulnerable to corruption. Procurement compliance constitutes an important element of corruption risk management strategies in procurement processes, both in terms of prevention and detection of fraud and corruption.
Compliance Checklists
Design of Policies and Procedures
Financial and Procurement Management
- Compliance with relevant public sector legislation and regulations
- System of internal controls and national treasury regulations
- Corruption, fraud, theft, nepotism, non-delivery, sub- standard goods and services
- Fictitious and inflated quotations
- Bid and bid process manipulation
- Conflict of interests
- Financial misconduct (unauthorized, irregular, fruitless and wasteful expenditure)
- Supply chain management processes
- Reviewing of the systems of internal controls and performance information, etc.
