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 ...

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 ...

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 ...

The Maryland Insurance Administration violated state procurement rules and did not always have adequate oversight over contractor services, according to a state audit released Monday. The MIA used an ...

A special audit report has been released on the coal purchasing process carried out by the Lanka Coal Company for the Lakvijaya Power Plant, as well as on coal procurement for the 2025/2026 season ...

Massachusetts State Auditor Diana DiZoglio has issued a new report on contracting and procurement related to the commonwealth’s emergency shelter system. The audit finds that the Executive Office of ...