GOVERNANCE: Opportunities Exist to Improve the Efficiency of Procurement Practices for Goods and Services

February 11, 2015 |  Audit Reports

Our reporting objective was to review procurement practices to determine whether there are opportunities to more economically procure goods and services. We focused our review on vendor prices, discounts, and payment terms for CY 2013, using Audit Command Language (ACL), a specialized data analysis software tool. We will provide the Finance department with the ACL testing tools that we developed for this review.

Tracking Number