43% of financial leakages in public sectors are caused by procurement fraud according to MACC. The Association of Certified Fraud Examiners (ACFE) found that companies lose 5 percent of revenue each year to fraud, which amounts to nearly $3.7 trillion globally. A good deal of this fraud loss can be attributed to procurement fraud. 

Any organizations are at the risk of being defrauded through complicity among bidders, employers, contractors or by its own procurement employees. You may be at risk due to fraudulent activities conducted by internal staff, collusion between internal staff and external service providers or external service providers and/or industry collusion. Therefore, every procurement team member must be empowered with the right knowledge to be able to detect and prevent fraud. Innocent parties can still be considered complicit and found guilty of procurement fraud. 

Protect and defend yourself and your team from being defrauded by attending this course that is filled with important information and techniques on how to detect and prevent procurement fraud. Gain practical insights and best practices in safeguarding you and your team from colluding with these damaging frauds.