Procurement Certification in Combatting Risk and Fraud

Delegates attending this workshop will understand how to reduce the risk and cost of fraud to their organisation and how to secure better value from better procurement and better contracting outcomes. Combating procurement fraud is vital. Procurement fraud costs SE Asia US$140billion each year. Nearly all organisations will have been victims of procurement fraud and the consequences can be much greater than the value of the fraud.

• For private sector organisations, tackling it vigorously can mean boosting profits by several percentage points – making the difference between being a ‘winner’ and‘loser’ – expanding or contracting.
• For governments, tackling procurement fraud effectively can boost its reputation, thus attracting more inward investment, improving public services and, with globalisation, making it a more competitive nation.