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accountability and procurement visibility

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A recent article published on GovenmentNews.com.au reported that ‘Current contract arrangements often prevent consultants from being held accountable for the advice they give to government while ambiguous reporting makes it difficult to determine the value for money of outsourced work’.

This is a hot topic in local government; is there enough accountability and transparency within the procurement process? It follows the revelation from a recent parliamentary inquiry that the use of government contracts below $80,000, which are not required to be put to market, could be a breach of procurement rules and warrants investigation.

There is a place for contracting and using contractors, but the process needs to be thorough and due diligence used. So how can you ensure your organisation is adhering to legislation?

IT Vision offers an Enterprise Procurement Management (altusEPM) solution which enables organisations to take control of their entire procure-to-pay (P2P) workflow by delivering a streamlined, fully electronic eCommerce solution.

The streamlining of manual processes offers significant financial efficiency gains, while at the same time providing transparent visibility and flexible governance controls. By enabling real-time agility across the entire P2P cycle, altusEPM streamlines your organizational processes and significantly enables quality improvement, reduced errors and misuse, cost and time savings.

If you would like more information about how we can support you in your procurement cycle, email sales@itvision.com.au or contact your account manager.

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