After Finance, Procurement is the best target for fraudsters as it’s where there are opportunities to attack from all angles. Our speakers will walk-through different risks and controls in the procurement cycle ranging from Requirement, Specification, Budget, Source determination, Vendor /Provider selection, Purchase Order raising and Monitoring, Goods/Services received, Invoicing and Payment processing.
This really is a webinar not to be missed. The post-Covid 19 has impacted upon many processes and supply chains, so now is the time to review your risks. The financial pressures brought upon many organisations also means your suppliers and contractors may be tempted to inflate their invoices or reduce their services in order to remain financially viable at your expense.
So, don’t wait for a fraud to be discovered – anticipate the risks and stay ahead of the fraudsters, protecting your finances and reputation.
Outline agenda of what the session is about / contains
The webinar will cover:
- The internal and external risks in the Procurement Cycle
- The threats from inside and outside of the organisation
- How Covid-19 has impacted the procurement process
- The vital role of robust policies and controls in mitigating risks in procurement fraud
- Case studies
- Tips and hints on what to do, and more importantly, what not to do!
(Speakers, John Baker, Fraud Specialist & David Foley, Regional Managing Director)
Friday 19th November
Session 1 – 9am – 10.15am
Session 2 – 1pm – 2.15pm
To reserve your place please complete the form below or email firstname.lastname@example.org and a MS Teams link will be sent in due course.