Procurement fraud can be one of the more complex frauds to investigate; there are numerous ways it can be committed and, when investigating it, all options need to be considered. A simple definition of procurement fraud would be ‘fraud within the procurement lifecycle of a product or service, not forgetting long-term maintenance contracts.
This 2-day PetroKnowledge workshop identifies frauds that are committed and fall within the banner of procurement fraud as most companies obtain products or services through some form of procurement exercise. No one company can operate in isolation. Often when concerns are raised, products and services have already been procured and the contracts have been in place for some time.
This PetroKnowledge workshop will feature:
Developing KPIs for Procurement
Ethics and codes for purchasing personnel
Identifying Supplier Fraud
Common procurement fraud schemes
Ways to control procurement fraud