A nonprofit client downsized their procurement department. This resulted in changes to workflow, staff roles and responsibilities. I was retained to review and evaluate their procurement processes to ensure that there were proper internal controls, efficient workflow and best practices in place.
I began my assignment by meeting with the procurement team. I reviewed and documented the processes that each member followed. My investigation identified 5 critical missed steps in their procurement processes:
I then submitted a report to senior management with recommendations for:
As a result of my recommendations, the organization put processes in place to help ensure that they were only paying for goods received and services performed; payments to vendors were in agreement with executed contracts; the vendors chosen were properly vetted, and the procurement processes were uniformly followed throughout the organization.
You are invited to schedule a complimentary consultation to discuss how we can help your organization improve the processes in your procurement department.