Lexis Nexis
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Companies evolve and so do their needs. More often than not, third parties are essential for organisations to function and meet their own outputs. -
Sometimes procurement professionals can be caught with their hand in the cookie jar, mixing business with pleasure to the detriment of their employers. -
There are many takeouts from Transparency International’s 2017 Corruption Perceptions Index (CPI), released in February 2018. -
According to the Global Entrepreneurship Monitor's (GEM) latest report for South Africa, entrepreneurial activity is at its highest level in over five years. -
The single biggest negative factor that could potentially arise from an organisation’s relationship with its third-parties is risk. -
Decisions and consequences go hand-in-hand. This is why having adequate, relevant information at your fingertips is a critical aspect of any decision-making process - more so when these decisions affect the operation of business and company reputation. -
The Auditor General of South Africa defines irregular, fruitless and wasteful expenditure (IFW) as ‘expenditure that was made in vain and could have been avoided had reasonable care been taken. -
Technological innovation benefits business by putting pioneering solutions in the hands of busy professionals, thus promoting self-sufficiency and accuracy. -
Corruption involves a wide range of activities including bribery and dishonest or fraudulent practices by relatively powerful people. -
Small businesses are as much at risk of financial crimes, such as money laundering, tax evasion, and terrorist financing activities, as their larger counterparts.