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Procurement Auditing Processes in maximizing the business value

Procurement Auditing Processes in maximizing the business value

2022-08-16

Effective procurement procedures are essential for any business to succeed in the constantly evolving global marketplace of today. Over 30% of contracts perform poorly due to inadequate contract management, and at least 10% of corporate value is lost as a result of ineffective or inefficient procurement processes, according to the World Commerce and Contracting Association (WCC). 





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