Driving Compliance – Persistent Issue for Procurement Organizations

In this whitepaper, you’ll explore Procurement governance and compliance: Types, Impact of Non-Compliance, and Strategies for Seamless Integration:

• Importance of procurement compliance
• 4 Types of procurement compliance
• Problems that arise due to lack of compliance
• Ways to drive procurement compliance

Amidst striking deals, managing suppliers, saving costs and minimizing cycle times, compliance demands are terribly ignored in many procurement organizations. This gives rise to many problems that hurt the strategic objectives set by the same organization.

Good procurement is when all aspects are managed well and even compliance becomes an essential part of it. There is a dire need of diplomacy in procurement organizations and need for awareness about the various types of compliance standards that exist in the industry.

Download our whitepaper ‘Driving Compliance’ to know about the various types of procurement governance and c

ompliance, problems created in its absence and ways to make compliance policies and procurement go hand in hand.