For government and private institutions, the COVID-19 pandemic has meant acting quickly—so quickly, in fact, that companies run the risk of inadvertently setting aside traditional risk prevention procedures in an effort to ensure citizens, patients, and customers receive the health and medical support, care, and supplies they need.
In this webinar K2 Integrity expert Yomi Pierce discusses the impact of COVID-19 on the procurement process, and how organizations can make fast decisions about potential business partners without sacrificing the safety measures that prevent fraud from occurring, including:
- Preventing procurement lapses by upholding best practices such as vendor vetting, pre-qualifications, and due diligence checks.
- Analyzing the growing areas of risk during the continuing pandemic.
- Implementing solutions and tools to avoid the risks
Building a strong emergency procurement process allows institutions to follow best practices on an abbreviated schedule and to protect their resources, employees, and business partners.
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