Category: Uncategorized

What is Source-to-Pay Process? An Overview on How it Relates Recovery Audits

Nowadays, business operations companies constantly prefer a secure way to optimise their procurement processes. One essential framework that works efficiently in purchasing and supplier management is the source-to-pay (S2P) process. Understanding what the source-to-pay process entails and its relevance to recovery audits can significantly enhance a company’s operational efficiency, cost management, and supplier relationships. This […]

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Contract Compliance Audits: From Reactive To Proactive

Contract compliance audits are vital for organisations that protect their financial interests and optimise supplier relationships. Transitioning from a reactive outlook and managing compliance issues only as they arise to a proactive approach can significantly enhance the effectiveness of these audits. This blog details the importance of contract compliance audits and proactive strategies to help […]

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