Blog

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). 

finance audit procurement contract management




Get a feel for our events

  • Pharma
  • Finance
  • HR
  • Health & safety
  • Cross industry
    • Impurities Training Course

    Impurities Training Course

    20 October - 26 November, 2025

    Impurities: from A to Z

    Training Program for CMC Leaders - EU edition

    Training Program for CMC Leaders - EU edition

    27th October 2025 - 16th January 2026

    Rich with practical insights and real-world applications

    AI for Pharma, Bio, and Life-Sciences Lawyers MasterClass - US edition

    AI for Pharma, Bio, and Life-Sciences Lawyers MasterClass - US edition

    27-28 October, 2025

    Best practices, new responsibilities and opportunities

    check all pharma events