Having comprehensive internal controls is essential for procurement organizations. Strong internal controls can help organizations have a balanced performance process, create strong spend management, eliminate waste, and establish a robust audit trail.
Read our new article that will reveals best practices for managing risk and compliance in the procurement function, including:
- Common risk scenarios to avoid
- Designing a target operating model for a procurement technology’s security and controls framework
- How to evaluate process and application vulnerabilities and assess where improvement opportunities may lie