SFO: Fraud Risks in Procurement

Learn how to protect your organisation from procurement fraud.

This webinar explains the various forms of procurement fraud that can occur throughout the entire procurement lifecycle, and explores how a risk-based approach can effectively help employees to manage fraud risks.

Procurement is the process that organisations use to get the goods and services they need and is the backbone of every organisation. Procurement fraud is one of the most common, and costly, risks businesses face. From inflated invoices to collusion and kickbacks, fraud can occur at any stage of the procurement lifecycle. Are your processes secure?

Procurement fraud can be hard to spot. With multiple stakeholders and complex processes, many projects lack proper risk assessments, leaving organisations vulnerable for exploitation by fraudsters. This session will help you strengthen your controls and reduce fraud risk.

In this free webinar, you'll learn:

• what procurement fraud looks like and why it's difficult to spot
• real-world case studies showing how fraudsters exploit weaknesses
• risk-based strategies and controls to prevent fraud and corruption.

Gain actionable insights to protect your organisation and stay ahead of fraud. This webinar is ideal for anyone involved in procurement, finance, compliance, or risk management.

Additional resources

• Procurement fraud and corruption risks
• Insider threat
• Fraud countermeasures

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Please note that registration is only available to people working in the New Zealand public sector only.

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