Regulators around the globe are putting more pressure on procurement professionals to deploy a stringent approach to their ongoing vendor compliance monitoring and ensure supplier governance
Keeping up with the demands of existing and new regulations represents a significant burden where vendor due diligence is concerned. And that has created the very real-world challenge of reconciling speed with compliance – an issue that poses significant risk to the enterprise if tail spend is not actively managed.
Giving you a better way to gain control of internal, external, and legal compliance risks, our Managed Procurement Services goes beyond the implementation of standardised processes that improve compliance across the business.
Alongside conducting due diligence and new supplier accreditations, we also continuously evaluate and monitor individual suppliers, providing real-time updates on the evolving risk profile of your supply chains.
To find out more contact us