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 ...

MassDOT's board awarded a contract to redevelop and run 18 services plazas across the state to Irish retailer Applegreen in June. The company has since backed out of contract talks. Inspector General ...

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 ...

SARATOGA SPRINGS, N.Y. (NEWS10) — New York State Comptroller Thomas DiNapoli has released an audit on the New York Racing Association’s (NYRA) purchasing and procurement practices. The audit found ...

Editor’s note: This article was updated at 4:10 p.m. State Auditor Doug Hoffer answers lawmakers questions in April on his audit of Vermont Health Connect. File photo by Morgan True/VTDigger [T]wo ...

The KPMG audit found the council awarded $239.1 million in non-tendered contracts from 2021 to 2023. The audit was commissioned in 2024 as part of the previous council’s long-te ...

Paper-based procurement has long been the way governments operate, and it does help ensure security and compliance. But it ...

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 ...